Accounting Technology Programs in Maryland
Educational Information:
Students who complete the accounting technology program will be provided with all of the necessary skills to succeed in the financial sector. From learning how to complete business payroll to handling the preparation of taxes, auditing, bookkeeping and more, the potential is limitless for those in this field.
Licensing Information:
For an individual to get their license in Maryland, the following requirements must be met:
- A minimum of a bachelor degree with at least 120 semester hours completed. 27 of those hours need to be dedicated to the accounting field. Three hours need to be completed in ethics training.
- One-year of work experience with a verified work in accountancy
- Transcripts must be available at the time of the review
- Pass all sections in the CPA exam
- Completion and submission of the online application along with the necessary fees
Employment Information:
As of May 2020, accounting professionals earned an average salary of $83,950 in Maryland. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 9.5%, which is more than twice the national average growth rate of 4% during this period. About 3,630 annual job openings in this field are expected during this ten-year period leading to 2028 due to a combination of new job growth, retirements, and natural job turnover.
In the region, government jobs are a constant source of employment. Many of the top accounting firms have offices here. For a number of accounting professionals, they head to Washington, D.C. to work as policy accountants or consultants.
Many CPA professionals join the MACPA, which is a society for accountants. The Maryland Society of Accountants is an excellent source for support for those looking to work in the state.
May 2020 Bureau of Labor Statistics salary and job market trends for accountants and auditors represent state data, not school-specific information.
Job growth projections for 2018-2028 sourced from the U.S. Department of Labor-sponsored O*Net database. Figures represent state data, not school-specific information.
Conditions in your area may vary. Data Accessed May 2021.