Tax Accounting Programs in Kentucky
Educational Information:
Auditors are responsible for the examination of the company or organization in which they work to make sure there is no waste and fraudulent activity is kept at bay. These individuals work hard at examining all of the financial records for the business in an array of industries.
Licensing Information:
Even though there might not be a specific license needed to work as an auditor, most positions require you to have a bachelor degree completed before working in their firm. Communication and analytical skills are important for those in this position because you are responsible for locating any discrepancies and getting to the root of the problem. As always, a love of numbers and exceptional math skills is critical as an auditor.
Employment Information:
Every business will require a tax auditing professional to make sure their business functions are protected to the fullest. Alcohol and tobacco distribution and manufacturing are two of the main industries in the state, which means they often have a number of auditing professionals working for them. Accounting firms will often have an auditor on staff to make sure everything is in order and there are no issues with the business reports and bottom line.
As of May 2020, accounting professionals earned an average salary of $70,710 in Kentucky, while tax preparers here earned an average salary of $33,580. Between 2018 and 2028, the number of accountant and auditor jobs in the state is projected to increase by 9.8%, and the number of tax preparer jobs is projected to increase by 11%.
About 1,320 annual job openings for accountants and 230 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)