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Accounting Careers in North Carolina

Written by AnonymousJune 9, 2011
North Carolina

Examining Accounting Careers in North Carolina

North Carolina has a lot to offer accountants! The state has enjoyed steady job growth in this career field for three years and salary growth too. In 2006, just fewer than 24,000 accountants lived in North Carolina. Today, more than 26,000 live there. And accountants living in North Carolina now earn an average of $7,000 more than they did just a few years ago. 

Certified Public Accountants (CPAs) make up the bulk of North Carolina’s accounting force. To become a CPA in North Carolina, you must have a bachelor’s degree or higher from an accredited U.S. college or university, or an equivalent degree from a college or university in another country. In order to satisfy CPA application and education requirements, your degree must be in accounting or a related field.

The right degree can help you earn your CPA license, but top North Carolina firms want even more. A master of accountancy (MAcc) or an MBA with an accounting focus is the minimum requirement to land a job at the state’s most prestigious firms.

Salary Trends for Accountants in North Carolina

Accountants across the U.S. averaged $67,430 in 2009. North Carolina accountants averaged $63,750. Salaries for accountants in the state are expected to continue to grow at an impressive pace. Between 2006 and 2009, the salary increased from $56,590 to $63,750. That’s an increase of $7,160 in only three years. Accountants living in the largest metropolitan areas in North Carolina earn averages anywhere from $61,720-$68,680. They are:

  • Durham: $68,680
  • Charlotte-Gastonia-Concord, NC-SC: $67,110
  • Raleigh-Cary, NC: $63,640
  • Winston-Salem, NC: $62,600
  • Greensboro-High Point, NC: $61,720

The Charlotte-Gastonia-Concord and Raleigh-Cary metropolitan areas are home to most of North Carolina’s accountants. CPAs will find the best opportunities in these cities, so consider taking the North Carolina CPA licensing exam as soon as you’ve met the North Carolina State Board of CPA Examiners exam requirements.

Employment Trends for Accountants in North Carolina

There were 23,990 accountants living in North Carolina in 2006. In 2009, there were 26,260. Job growth here will keep up with nation overall, which is projected at 22 percent. Jobs should be easy to find in the following metropolitan areas:

  • Charlotte-Gastonia-Concord, NC-SC: 7,560
  • Raleigh-Cary, NC: 4,560
  • Durham: 2,640
  • Greensboro-High Point, NC: 2,330
  • Winston-Salem, NC: 1,450

Career Outlook

Accountants are in high demand all over the U.S. thanks to increased public and private scrutiny of companies’ financial activities and an increase in unlawful financial pursuits by companies, crime syndicates, and individuals. CPAs can handle the task, but more and more companies and government agencies are turning to forensic accountants for help.

Forensic accountants are responsible for investigating white-collar crimes such as money laundering, bankruptcies, securities fraud, and embezzlement. Forensic accountants are also often called upon to appear as expert witnesses during trials and handle contract disputes. Although the demand for all accountants is high, forensic accountants will have the most job offers, no matter where they live.

For more information about what it takes to become an accountant in North Carolina State Board of CPA Examiners at http://www.nccpaboard.gov/Clients/NCBOA/Public/Static/index.html.

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