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Accounting Careers in Delaware

Written by AnonymousJune 7, 2011
Delaware

Examining Accounting Careers in Delaware

The state of Delaware has one of the top five highest concentrations of accountants in the U.S. In fact, for every 1,000 employees, roughly 12 are accountants. The population is getting stronger every year. In 2006, the state had less than 4,300 accountants. Today it has nearly 5,000. Delaware accountants also have one of the highest salary growth rates in the U.S. Between 2006 and 2009, the average salary increased by more than $11,000!

Delaware is home to many types of accountants from certified public accountants to forensic accountants. A large number of accountants here are certified public accountants (CPAs). The requirements to sit for the CPA exam are very unique. Delaware is the only state that allows associate degree holders to sit for exam, making it a popular state for international candidates.

Salary Trends for Accountants in Delaware

The average salary for an accountant working in the U.S. is $67,430. Delaware accountants earn an average salary of $68,950, up from $57,730 in 2006.

Employment Trends for Accountants in Delaware

There were 4,280 accountants living in Delaware in 2006. By 2009, this figure jumped to 4,870. Job growth here is expected to rise along with the rest of the nation, which is projected at 22 percent.

Career Outlook

At 22 percent job growth across the nation, the accounting field is one of the fastest growing in the nation. CPAs represent a large percentage of accountants across the nation and in Delaware, but certain specialty areas are fast becoming just as popular. One particular area is forensic accounting.

Public and private scrutiny of companies is on the rise as well as white-collar crimes. Forensic accountants help companies manage their finances and they investigate white-collar crimes such as money laundering, bankruptcy fraud, securities fraud, and embezzlement. They also help settle contract disputes and testify in court as expert witnesses when needed.

For more information about becoming a credentialed accountant in Delaware, visit the Delaware Board of Accountancy.

Note: The statistics in this article are taken from the Bureau of Labor Statistics (www.bls.gov).