Tax Accounting Programs in Maryland
Auditors hold the responsibility of examining the financial records and check for waste or fraud within the business. These individuals are also responsible for making sure companies, individuals and government entities are adhering to all of the laws set forth by the tax code.
Even though there are no licensing requirements to be an auditor, these individuals do need to have their bachelor degree in finance or an accounting field. Beyond meeting educational requirements, those working as an auditor need exceptional attention to detail, strong analytical skills, great communication skills and a passion for working for numbers. To top it all off, these individuals need a strong moral ethic to handle the job.
As of May 2020, accounting professionals earned an average salary of $83,950 in Maryland, while tax preparers here earned an average salary of $47,810. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 9.5%, and the number of tax preparer jobs is projected to increase by 6%.
About 3,630 annual job openings for accountants and 310 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.