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Accounting Careers in Idaho
Examining Accounting Careers in Idaho
Idaho is an odd place for accountants. Not because there’s anything wrong with this state, of course, but because accountants tend to earn more in smaller cities rather than large metropolitan areas. Not only this, but the population of accountants here is small overall, but salary growth is big. The state added a few dozen jobs over the years too, so job growth isn’t stagnant.
Idaho accountants work as certified public accountants (CPAs), management accountants, internal auditors, and in government accounting. CPAs are the largest group of accountants. They’re qualified to work in all fields, so they have more job opportunities. To become a CPA in Idaho, you’ll need a bachelor’s degree in accounting or a degree in business with an accounting focus.
Salary Trends for Accountants in Idaho
Accountants across the U.S. averaged $67,430 in 2009. Idaho accountants earned an average of $58,660. Accountants living in Idaho’s metropolitan areas earn an average of $49,090-$71,790 per year. They are:
- Pocatello: $71,790
- Idaho Falls: $69,600
- Lewiston, ID-WA: $56,140
- Boise City, Nampa: $53,860
- Coeur d’Alene: $49,090
The areas listed are home to 80 percent of the state’s accountants. CPAs will find the best opportunities in these cities, so consider taking the Idaho CPA licensing exam as soon as you’ve met the state’s requirements to sit for the exam.
Employment Trends for Accountants in Idaho
Idaho has one of the top five lowest concentrations of accountants in the U.S., but as stated earlier, the industry has grown. There are 3,000 accountants living in Idaho, up from 2,930 in 2006. They live in:
- Boise City, Nampa: 1,500
- Idaho Falls: 310
- Coeur d’Alene: 280
- Pocatello: 180
- Lewiston, ID-WA: 150
Based on an increase in accountants since 2006, this trend is expected to continue. The industry overall is expected to expand by 22 percent between now and 2018.
Public and private scrutiny of companies’ financial activities is on the rise. Unlawful financial pursuits by individuals, crime syndicates, and companies have increased as well. As a result, the demand for accountants, specifically CPAs and forensic accountants is high. Forensic accountants perform many of the same duties as CPAs, with one difference. Forensic accountants have a strong legal background. Forensic accountants specialize in investigating white-collar crimes such as embezzlement, money laundering, and bankruptcy and securities fraud. They also appear as expert witnesses at trials. When they’re not busy uncovering criminal activity, forensic accountants help settle contract disputes.
For more information about what it takes to become a credentialed accountant in Idaho, visit the Idaho State Board of Accountancy at http://isba.idaho.gov/htm/cpaexam.htm and click Requirements.
Note: The statistics in this article are taken from the Bureau of Labor Statistics (www.bls.gov).