Tax Accounting Programs in Montana
Auditing professionals examine the financial records of the business to make sure there is no waste or fraudulent activity occurring within the business. Their goal is to make sure all of the business information is accurate and staying within the confines of the law.
In reality, there may not be any specific licensing for auditors in the state, but getting into some of the higher positions might require a CPA license. Montana has two-tiers for licensing based upon whether the individual has their degree and educational requirements met. To work in the auditing field, you do have to possess a bachelor degree in auditing or an accounting related field. Individuals also need strong analytical skills and exceptional math skills to be successful as an auditor.
Montana’s economy gains its support largely from the natural resources, oil and agriculture industries. Auditing professionals within the gas and oil industries are responsible for making sure there is not a lot of waste and everything is maintaining compliance with the law. As an auditor, you will find work in the logging, commercial and coal industries on a regular basis. Since there is a great deal of traffic with the businesses, auditors have to make sure everything is following the policies set forth by local, state and federal governments.
As of May 2020, accounting professionals earned an average salary of $68,560 in Montana, while tax preparers here earned an average salary of $40,470. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 11.5%, and the number of tax preparer jobs is projected to increase by 12%.
About 380 annual job openings for accountants and 50 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.