Tax Accounting Programs in Utah
Educational Information:
There are both general business programs and specialized accounting programs available in Utah for students with an interest in accounting. Over 32 colleges offer these programs in Utah, and students will be exposed to coursework in areas like auditing, financial accounting, budget creation, business information systems, accounting professional standards and ethics, legal aspects of accounting, managerial accounting and other types of courses.
Licensing Information:
The Utah Division of Occupational & Professional Licensing requires that individuals obtain a Certified Public Accountant or CPA Firm license. If one wishes to operate as an individual or work for another company, then he or she must obtain the CPA license. If one wishes to open his or her own CPA firm, then it will be necessary to obtain the CPA Firm license. Students will need to obtain at least 150 hours of education if they wish to obtain a CPA license in the state.
Employment Information:
Those who seek to pursue an accounting career can find jobs with numerous employers in the state, including private companies, universities, finance firms, asset management companies, law firms, investment banks, accounting firms and other employers. By having an accounting degree, students can also be well-prepared to pursue graduate programs in mathematics, law or statistics.
As of May 2020, accounting professionals earned an average salary of $68,590 in Utah, while tax preparers here earned an average salary of $55,760. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 31.1%, and the number of tax preparer jobs is projected to increase by 37%.
About 1,590 annual job openings for accountants and 170 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)