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Accounting Careers in Oklahoma

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Written by AnonymousJune 6, 2011

Examining Accounting Careers in Oklahoma

The talent pool in Oklahoma is growing. Over the last several years, job growth resulted in hundreds of new positions. Salaries are moving up too! Oklahoma accountants earned less than $50,000 in 2006. Today, they average nearly $55,000 per year.

Certified Public Accountants (CPAs) are in high demand in Oklahoma. Other types of accountants can certainly find jobs here too, but CPAs are at the top of the list. To become a CPA in Oklahoma, you’ll need a bachelor’s degree with a minimum of 30 semester hours of accounting courses. The best way to ensure that you have all the requirements needed to sit for the exam is to major in accounting. Other requirements include 9 hours in economics, statistics, finance, business management, marketing, business law, business communication, risk management, insurance, financial information systems, and computer science.

With the right education, you can earn your CPA license and get a good job, but some of Oklahoma’s largest accounting firms will want more. Consider earning an MBA with an accounting focus or a master of accountancy (MAcc) to increase your chances of obtaining an even better position. 

Salary Trends for Accountants in Oklahoma

The average salary for an accountant working in the U.S. is $67,430. Oklahoma accountants earn $53,950, up from $49,240 in 2006. Oklahoma accountants working in the largest metropolitan areas earn anywhere from $47,990-55,930. They are:

  • Oklahoma City: $55,930
  • Tulsa: $54,280
  • Fort Smith, AR-OK: $47,990

Employment Trends for Accountants in Oklahoma

Oklahoma has one of the highest concentrations of accountants in the U.S. There were 14,120 accountants living in Oklahoma in 2006. By 2009, this figure jumped to 14,540. Job growth here is expected to rise along with the rest of the nation, which is projected at 22 percent. Employment in the largest metropolitan areas are:

  • Oklahoma City: 5,740
  • Tulsa: 5,610
  • Fort Smith, AR-OK: 560

Career Outlook

Thanks to the nation’s economic crisis, accountants are needed now more than ever before. The need is so great, that the industry is expected to grow by 22 percent in the coming years. Accountants help families, individuals, and companies manage finances and cut costs. Accountants also help businesses, companies, and government entities uncover fraud and other illegal practices. CPAs and certified management accountants (CMAs) can handle many of these tasks, but forensic accountants are called on more often to handle white-collar crimes.

Forensic accountants investigate bankruptcy and securities fraud, embezzlement, and money laundering. They testify in court as expert witnesses and help settle contract disputes. The demand for all types of accountants is high, with CPAs and forensic accountants at the top of the list.

For more information about becoming an accountant in Oklahoma, visit the Oklahoma Accountancy Board at http://www.youroklahoma.com/oab/.

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