Tax Accounting Programs in Arkansas
Auditors are responsible for the examination of financial records for a business to look for any waste or fraud within the entity. The auditor will work to make sure that companies, individuals and government agencies are staying within the confines of the law.
Even though there are no specific licenses that you need as an auditor, you do need to have your bachelor degree. Beyond just having your bachelor degree, you also need to have strong analytical skills, excellent communication and a passion for working with numbers. Since you are working in a position dealing with fraud, the position needs someone who has a strong moral ethic.
Arkansas has a lot of opportunities for those who have their auditing degree, especially when it comes to insurance, finance, manufacturing, agriculture, state, health care and local government industries. Not only are there a load of firms in the state, but there are also a few Fortune 500 companies. From KPMG to Deloitte and Frost, PLLC, you will find an opportunity with some of the top companies in the industry. Walmart, which is the third largest public corporation, has their main office in Bentonville, Arkansas. They have a number of different positions open for auditors to help keep the mega-business running smoothly and eliminate waste and fraud in one foul swoop.
As of May 2020, accounting professionals earned an average salary of $69,740 in Arkansas, while tax preparers here earned an average salary of $32,310. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 12.6%, and the number of tax preparer jobs is projected to increase by 11%.
About 980 annual job openings for accountants and 100 annual job openings for tax preparers are expected during this ten-year period leading to 2028 due to a combination of new job growth, retirements, and natural job turnover.
May 2020 Bureau of Labor Statistics salary and job market trends for accountants and auditors and tax preparers. Figures represent state data, not school specific information. Conditions in your area may vary. Data accessed April 2021.