Tax Accounting Programs in Missouri
Educational Information:
By pursuing a tax auditing program in Missouri, individuals can be exposed to a variety of accounting concepts. In the typical tax auditing program, students study auditing procedures, accounting research methods, cost and managerial accounting, creation of budgets, analysis of financial statements and other financial concepts.
Licensing Information:
If you wish to become a public accountant, then you are required to have a CPA license in Missouri. There is a 150 educational hour requirement for those who seek to become CPAs. In addition, one will need to have at least one year of accounting experience in order to sit for the examination. After one has completed the exam requirements, then he or she may apply for the CPA license in Maine. The Missouri Division of Professional Registration requires that individuals pay a fee of $100 to receive a license.
Employment Information:
As a tax auditor, one can find plenty of employment opportunities in Missouri. Those who have a tax auditing degree typically work for government agencies, accounting firms, private corporations, human resources departments, non-profit organizations and many other types of employers. One may also serve as a valuation actuary for a company to value a company’s liabilities and assets for tax reporting purposes.
As of May 2020, accounting professionals earned an average salary of $71,130 in Missouri, while tax preparers here earned an average salary of $42,610. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 4.9%, and the number of tax preparer jobs is projected to increase by 2%.
About 2,870 annual job openings for accountants and 150 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.
Job growth projections for accountants and auditors and tax preparers sourced from the U.S. Department of Labor-sponsored O*Net database and based on state-specific information (2018-2028)