Tax Accounting Programs in Washington
Over 60 universities and colleges offer bachelor’s programs and master’s programs that have a focus in accounting in Washington. Students who enroll in an accounting program will be exposed to courses that discuss topics like accounting principles, accounting processes for managers, government accounting processes, budget control, legal aspects of accounting, accounting research techniques, professional standards in accounting and other courses. Accounting programs provide students with theoretical knowledge and technical skills to use throughout their careers.
The Washington State Board of Accountancy requires that all individuals have a CPA license if they wish to provide public accounting services in the state. The license requirements include 150 credit hours from an approved accounting program and a minimum of 2,000 hours of work experience. The work experience must involve some form of accounting that includes data analysis, internal auditing, budgeting procedures, preparation of tax documents or financial analysis. Students who are concerned about whether their work experience qualifies for this requirement should get in touch with the Washington State Board of Accountancy.
In Washington, students with an accounting background can choose to work for the government, private corporations, educational institutions, accounting firms, law firms and a variety of other employers. They frequently serve in roles such as auditors, budget analysts, actuaries, accountants, financial analysts, loan officers, real estate brokers, sales managers and other roles. Those who are successful in accounting may eventually decide to become tax lawyers, independent accountants or chief financial officers for a company.
As of May 2020, accounting professionals earned an average salary of $83,720 in Washington, while tax preparers here earned an average salary of $55,870. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 16.7%, and the number of tax preparer jobs is projected to increase by 9%.
About 5,060 annual job openings for accountants and 190 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.