Tax Accounting Programs in Washington DC
There are 12 schools that offer accounting programs in Washington D.C. Some of the top accounting programs in the state can be found at Georgetown University, American University and George Washington University. The accounting curriculum usually offers courses that teach students about financial concepts and how to perform accounting procedures. Students will learn how to conduct tax audits, create budgets and perform research on the financial standing of companies.
Students must obtain a CPA license if they intend on offering public accounting services in Washington D.C. The Board requires that students complete 150 hours in an approved accounting program and also commit to one year of work experience for a non-profit organization or government agency. Students may complete the one-year work experience requirement before or after taking the CPA exam. Students must have a bachelor degree and must have completed basic courses in accounting.
In Washington D.C., the majority of employers for accounting students include government agencies, financial institutions, accounting firms and law firms. Students may wish to specialize in tax law or corporate taxation. Students may also have the desire to pursue a career as a chief financial officer, lawyer, banker, financial analyst, actuary or financial examiner. Some individuals also open their own consulting or CPA firms upon graduation from an accounting program.
As of May 2020, accounting professionals earned an average salary of $110,140 in Washington D.C. Between 2018 and 2028, the number of accountant and auditor jobs in our nation’s capital is projected to increase by 8.1%, and the number of tax preparer jobs is projected to increase by 14%.
About 1,360 annual job openings for accountants and 40 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.