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Accounting Careers in District of Columbia

Written by AnonymousJune 9, 2011
District of Columbia

Examining Accounting Careers in District of Columbia

The District of Columbia is the place for accountants — especially government and forensic accountants! The district is home to more than 10,000 accountants and the average salary is what keeps them there. Accountants there average nearly $80,000 a year, and salary growth shows no signs of slowing down. Although the number of accountants in D.C.  has decreased over the years, there are still plenty of jobs to be had.

Salary Trends for Accountants in District of Columbia

In May 2009, the average salary for accountants nationwide was $67,430. In the District of Columbia, the average salary was $79,990 — one of the highest in the nation. Salary growth here is also one of the highest in the nation with an increase of $11,270 over three short years.

Employment Trends for Accountants in District of Columbia

There are 10,790 accountants living in the District of Columbia and 37,100 in the entire Washington-Arlington-Alexandria, DC-VA-MD metropolitan area. In 2006, the population of accountants was 11,200, which represents a decrease of 410 accountants over three years. Overall, the industry is expected to grow by 22 percent between now and 2018. This will add 279,400 new jobs to a population of nearly 1.3 million accountants across the nation.

Career Outlook

The District of Columbia is ripe for accountants with special skills, such as forensics. Increased public and private scrutiny of companies’ financial activities and an increase in unlawful financial pursuits by companies, crime syndicates, and individuals has created a demand for forensic accountants.

Forensic accountants are responsible for investigating white-collar crimes such as money laundering, bankruptcy and securities fraud, and embezzlement. Forensic accountants also appear as expert witnesses during trials.

For more information about what it takes to become a District of Columbia accountant, visit the District of Columbia Board of Accountancy

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