An accountant works with businesses to analyze budgets, prepare financial statements and perform accounting audits. They work with management to recommend changes in accounting activities based on asset use and audit results, and they prepare detailed reports. According to the U.S. Bureau of Labor Statistics (BLS), accountants typically need a bachelor’s degree in accounting or a related field.
After earning their degree in accounting, accountants may choose to become a CPA to enhance their job outlook or have the ability to file reports with the Securities and Exchange Commission (SEC). Becoming a CPA requires earning 30 additional hours of college coursework than a bachelor’s degree, passing a national CPA exam and meeting other requirements in their state.
The annual salary range for accountants and auditors is between $47,970 and $128,970, according to May 2021 data from BLS. The job outlook for accountants has projected growth of 6% between 2021 and 2031.
The salary ranges are not specific to students or graduates of University of Phoenix. Actual outcomes vary based on multiple factors, including prior work experience, geographic location and other factors specific to the individual. University of Phoenix does not guarantee employment, salary level or career advancement. BLS data is geographically based. Information for a specific state/city can be researched on the BLS website.