Tax Accounting Programs in Oklahoma
Students who wish to pursue a career as a tax auditor can find over 53 accounting programs that offer general and specialized degree options. The accounting programs that feature the highest graduation rate include the University of Oklahoma-Norman, University of Tulsa and Oklahoma State University. A tax auditing program allows students to complete specialized courses in budget control, tax auditing, accounting processes and principles, legal aspects of accounting, business information systems, research methods for accountants and financial reporting.
To practice public accounting in Oklahoma, students must have a CPA license. The only requirements are that students pass the CPA exam, have one year of work experience and earn at least 150 credit hours in an accounting program. There are no age or state residency restrictions for obtaining a CPA license in Oklahoma. There is a CPA exam fee of $743 in the state.
Students with an accounting background will be able to pursue careers in the public and private sectors. Some individuals choose to perform accounting work for government organizations, local city organizations, non-profit organizations and other charities. Some individuals wish to focus their skills in the private sector and pursue employment with companies, educational institutions, banks or investment firms. One can even open his or her individual tax planning practice, wealth management firm or CPA firm upon completion of the licensure requirements.
As of May 2020, accounting professionals earned an average salary of $75,280 in Oklahoma, while tax preparers here earned an average salary of $44,230. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 6%, and the number of tax preparer jobs is projected to increase by 12%.
About 1,620 annual job openings for accountants and 250 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.