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ACCOUNTANTS AND AUDITORS
 
Occupation Description:
 
  Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data. Excludes “Tax Examiners and Collectors, and Revenue Agents” (13-2081).
 
Career Video:
  Video Icon  Accountants and Auditors
  Open-captioning or video transcript included for the hearing impaired. Career videos brought to you by CareerOneStop. Copyright © 2017 All Rights Reserved.
 
Typical Tasks:
 
 
  • Develop, maintain, or analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
  • Prepare detailed reports on audit findings.
  • Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
  • Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  • Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
  • Supervise auditing of establishments, and determine scope of investigation required.
  • Confer with company officials about financial and regulatory matters.
 
Knowledge:
 
 
  • Economics and Accounting - Knowledge of economic and accounting principles and practices, the financial markets, banking and the analysis and reporting of financial data..
  • English Language - Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar..
  • Mathematics - Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications..
  • Administration and Management - Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources..
  • Customer and Personal Service - Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction..
  • Law and Government - Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process..
  • Clerical - Knowledge of administrative and clerical procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and other office procedures and terminology..
 
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Education & Training:
 
  Bachelor's degree
 
      View Related Programs on Connecticut's Education & Training ConneCTion site
 
Wage Information:
 
 
Region Average Annual Average Hourly Entry Level (hourly) Mid-Range  (hourly)
Statewide $86,441.00 $41.56 $27.31 $30.76 - $49.04
Bridgeport/Stamford $94,762.00 $45.56 $29.65 $32.06 - $51.33
Danbury $86,555.00 $41.61 $26.48 $30.37 - $49.83
Hartford $84,268.00 $40.51 $27.73 $30.82 - $48.56
New Haven $80,026.00 $38.47 $25.85 $29.75 - $46.80
New London/Norwich $79,603.00 $38.28 $24.79 $29.24 - $45.69
Waterbury $76,082.00 $36.58 $25.18 $29.47 - $39.23
Torrington $77,688.00 $37.35 $24.60 $29.45 - $45.78
      
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Occupation Outlook:
 
 
Region Employment Average Annual Growth Rate Average Annual Job Openings
2020 2030
State of Connecticut 16,740 18,670 0.1% 1,736
 
 
Chart of Growth Rate and Annual Openings   Employment in this occupation is expected to grow about as fast as average, and the number of annual openings will offer excellent job opportunities.
Key:
  N/A = Not Applicable, ***** = Over $60.00 per hour, ##### = Over $124,821
 
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