Tax Accounting Programs in Rhode Island

Educational Information:

There are 12 accounting programs that offer students the opportunity to pursue a bachelor’s degree or master’s degree in this field. Students can find general accounting programs and can also find specialized programs that offer concentrations in asset management, tax law or investment banking. In an accounting program, some of the basic courses offered include accounting professionalism and ethics, accounting principles, basic accounting processes for businesses, tax auditing procedures, accounting research methods, budget creation and other courses.

Licensing Information:

Those who wish to practice public accounting must obtain a CPA license in Rhode Island. Students must have residency in Rhode Island, but they do not need U.S. citizenship. They must be at least 18 years old and have completed 150 credit hours in an accounting program. Students can complete the one-year work requirement before or after taking the CPA exam.

Employment Information:

Those who are seeking employment with an accounting degree can find great opportunities with employers like banks, asset management firms, law firms, government agencies, local government organizations and other entities. Some students also choose to use their accounting background to pursue an advanced field of study in finance, business, law or mathematics. An individual with an accounting degree may also eventually decide to open her own business or CPA firm.

The BLS reports that those with an accounting background can earn up to $70,120 a year in Rhode Island. This is slightly below the national average salary of $71,000 for accountants. There are more job opportunities in accounting available in Rhode Island than in other states, as the BLS states that job growth will increase by at least five percent in the upcoming years.