Accounting Technology Programs in Utah
Accountants have the main role of making sure nothing is out of order or missing from the books of the organization or business that they work for currently. By going through the accounting technology program, students will learn how to effectively work in the financial and business sectors.
To become licensed, individuals must meet the following requirements:
- Have a minimum of a bachelor degree from an accredited institution within an approved course of study
- Depending on the major, various levels of education requirements exist. Applicants can have their graduate degree in the accounting field, a bachelor degree in finance or accounting or an MBA with an accounting concentration
- Successfully pass the CPA examination
- Completion of the AICPA ethics course, which can be completed before the individual passes the CPA examination
- Pass the Utah Law and Rules examination
- Earn a minimum of 2,000 hours in the accounting field under the direct supervision of a licensed professional
- Licenses have to be renewed every two years by completing 80 hours of qualifying education
Utah has a number of different financial service companies. Most of the time, CPA professionals will end up being able to find employment in insurance companies, banks, credit unions, real estate management companies and mortgage brokers within the state. Some of the large accounting firms in Utah are First Utah Bank, Mayer Hoffman McCann, USA Lending Group and Renaissance Financial Group. Ernst & Young and Deloitte also have offices in Salt Lake City.
Based on information from the BLS, it is estimated that 9,550 auditors and accountants are working in Utah. On average, an accountant in the state will earn $67,250 per year.