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Accounting Careers in Wyoming
Examining Accounting Careers in Wyoming
Wyoming has a lot to offer accountants. Job growth is steady and the average salary is on the rise. Although the average salary is moving at a much faster pace than job growth, in today’s economy, any growth is good growth! In 2006, the state was home to just over 1,500 accountants. Today, the state is home to nearly 1,700. In 2006, the average salary was less than $50,000. Today it’s more than $60,000!
Salary Trends for Accountants in Wyoming
Accountants across the U.S. averaged $67,430 in 2009. Wyoming accountants averaged $60,720, up from $48,970 in 2006. If you want to earn more than the average, consider moving to city such as Casper where accountants average $75,760. Other average salaries are:
- Northeastern, WY: $59,295
- Cheyenne: $52,540
- Southeastern, WY: $44,710
The areas listed are home to the majority of the state’s accountants. Accountants of all kinds will find the best opportunities in these cities, especially CPAs. Consider taking the Wyoming CPA licensing exam as soon as you have earned a bachelor’s degree in accounting or business with an accounting focus and met the state’s experience requirements.
Employment Trends for Accountants in Wyoming
There are 1,690 accountants living in Wyoming, up from 1,570 in 2006. Many live in:
- Cheyenne: 560
- Southeastern, WY: 350
- Northeastern, WY: 250
- Casper: 230
The accounting industry overall is expected to grow by 22 percent. This means, the population of accountants will expand by 279,400 from nearly 1.3 million. In Wyoming, job growth has occurred at a rate of approximately 40 new jobs per year since 2006.
The recession has led to many changes in the way companies do business. They’re keeping an eye on spending and each other. The public is watching too. White-collar crime has increased as well as unlawful financial pursuits by companies, crime syndicates, and individuals. Because of this, accountants are in high demand, especially forensic accountants.
Forensic accountants investigate embezzlement, money laundering, securities and bankruptcy fraud, and other white-collar crimes. They also appear as expert witnesses at trials. Most forensic accountants are CPAs and Certified Fraud Examiners (CPEs).
For more information about what it takes to become an accountant in Wyoming, visit the Wyoming Board of Certified Public Accountants at http://cpaboard.state.wy.us/.
Note: The statistics in this article are taken from the Bureau of Labor Statistics (www.bls.gov).