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Career and Education Opportunities for Accountants in Wilmington, Delaware

Wilmington, Delaware provides a wide variety of opportunities, both career and educational, for accountants. There are currently 4,700 jobs for accountants in Delaware and this is projected to grow 17% to about 5,510 jobs by 2016. This is not quite as good as the national trend for accountants, which sees this job pool growing by about 21.6% over the next eight years. In general, accountants analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.

Income for accountants is about $29 hourly or $60,650 annually on average in Delaware. Nationally, their income is about $28 per hour or $59,430 yearly. Accountants earn more than people working in the category of Accounting and Auditing generally in Delaware and more than people in the Accounting and Auditing category nationally. Accountants work in a variety of jobs, including: fund accountant, reporting analyst, and bank accountant.

There are twenty-seven schools within twenty-five miles of Wilmington where you can study to be an accountant, among 109 schools of higher education total in the Wilmington area. The most common level of education for accountants is a Bachelor's degree. You can expect to spend about four years training to become an accountant if you already have a high school diploma.

CAREER DESCRIPTION: Accountant

Accountant video from the State of New Jersey Dept. of Labor and Workforce Development

In general, accountants analyze financial information and prepare financial reports to determine or maintain records of assets, liabilities, profit and loss, tax liability, or other financial activities within an organization.

Accountants ready or analyze accounting records or other financial reports to gauge accuracy and conformance to reporting and procedural standards. Finally, accountants design and document recordkeeping and accounting systems, making use of current computer technology.

Every day, accountants are expected to be able to deal with basic arithmetic problems. They need to articulate ideas and problems. It is also important that they read and understand documents and reports.

It is important for accountants to report to management regarding the finances of establishment. They are often called upon to establish tables of accounts and assign entries to proper accounts. They also analyze business operations and obligations, to project future revenues and expenses or to furnish advice. They are sometimes expected to survey operations to ascertain accounting needs and to recommend, design, or maintain solutions to business and financial problems. Somewhat less frequently, accountants are also expected to compute taxes owed and ready tax returns, ensuring adherence to payment, reporting or other tax requirements.

Accountants sometimes are asked to advise management about issues such as resource utilization and the assumptions underlying budget forecasts. And finally, they sometimes have to appraise and inventory real property and equipment, recording data such as the description, value and location of property.

Like many other jobs, accountants must be thorough and dependable and have exceptional integrity.

Similar jobs with educational opportunities in Wilmington include:

  • Assessor. Appraise real and personal property to determine its fair value. May assess taxes in accordance with prescribed schedules.
  • Auditor. Examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures.
  • Budget Analyst. Examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Analyze budgeting and accounting reports for the purpose of maintaining expenditure controls.
  • Cost Analyst. Prepare cost estimates for product manufacturing, construction projects, or services to aid management in bidding on or determining price of product or service. May specialize according to particular service performed or type of product manufactured.
  • Credit Analyst. Analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Prepare reports with this credit information for use in decision-making.
  • Financial Analyst. Conduct quantitative analyses of information affecting investment programs of public or private institutions.
  • Financial Examiner. Enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. May examine, verify correctness of, or establish authenticity of records.
  • Income Tax Advisor. Prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant.
  • Insurance Underwriter. Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
  • Loan Counselor. Provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Guidance may include determining the best type of loan and explaining loan requirements or restrictions.
  • Loan Officer. Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and methods of payments. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, and loan underwriters.
  • Personal Financial Planner. Advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Duties include assessing clients' assets, liabilities, and financial objectives to establish investment strategies.
  • Real Estate Appraiser. Appraise real property to determine its value for purchase, sales, or loan purposes.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

EDUCATIONAL OPPORTUNITIES: Accountant Training

Neumann College - Aston, PA

Neumann College, One Neumann Drive, Aston, PA 19014-1298. Neumann College is a small college located in Aston, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,037 students and an admission rate of 95%. Neumann College has a bachelor's degree program in Accounting which graduated one student in 2008.

Rutgers University-Camden - Camden, NJ

Rutgers University-Camden, 406 Penn, Camden, NJ 08102. Rutgers University-Camden is a medium sized university located in Camden, New Jersey. It is a public school with primarily 4-year or above programs. It has 5,398 students and an admission rate of 51%. Rutgers University-Camden has a bachelor's degree program in Accounting which graduated seventy-four students in 2008.

Rosemont College - Rosemont, PA

Rosemont College, 1400 Montgomery Ave, Rosemont, PA 19010-1699. Rosemont College is a small college located in Rosemont, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 871 students and an admission rate of 62%. Rosemont College has a bachelor's degree program in Accounting which graduated ten students in 2008.

Manor College - Jenkintown, PA

Manor College, 700 Fox Chase Rd, Jenkintown, PA 19046-3399. Manor College is a small college located in Jenkintown, Pennsylvania. It is a private not-for-profit school with primarily 2-year programs. It has 958 students and an admission rate of 44%. Manor College has an associate's degree program in Accounting which graduated four students in 2008.

Arcadia University - Glenside, PA

Arcadia University, 450 S Easton Rd, Glenside, PA 19038-3295. Arcadia University is a small university located in Glenside, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,872 students and an admission rate of 69%. Arcadia University has a bachelor's degree program in Accounting which graduated ten students in 2008.

Immaculata University - Immaculata, PA

Immaculata University, 1145 King Rd, Immaculata, PA 19345-0702. Immaculata University is a small university located in Immaculata, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,855 students and an admission rate of 80%. Immaculata University has an associate's degree and a bachelor's degree program in Accounting which graduated zero and three students respectively in 2008.

Widener University-Main Campus - Chester, PA

Widener University-Main Campus, One University Place, Chester, PA 19013-5792. Widener University-Main Campus is a small university located in Chester, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 4,913 students and an admission rate of 66%. Widener University-Main Campus has a bachelor's degree and a master's degree program in Accounting which graduated thirty-eight and zero students respectively in 2008.

Villanova University - Villanova, PA

Villanova University, 800 Lancaster Avenue, Villanova, PA 19085-1699. Villanova University is a large university located in Villanova, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 10,295 students and an admission rate of 39%. Villanova University has bachelor's degree, postbaccalaureate certificate, and master's degree programs in Accounting which graduated 125, ten, and twenty students respectively in 2008.

University of Pennsylvania - Philadelphia, PA

University of Pennsylvania, 1 College Hall 34th and Spruce Sts, Philadelphia, PA 19104-6303. University of Pennsylvania is a large university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 24,060 students and an admission rate of 17%. University of Pennsylvania has 2 areas of study related to Accountant. They are:

  • Accounting, bachelor's degree, master's degree, and doctor's degree which graduated sixty, twenty-four, and one students respectively in 2008.
  • Accounting and Finance, postbaccalaureate certificate which graduated 43 students in 2008.

Cabrini College - Radnor, PA

Cabrini College, 610 King of Prussia Rd, Radnor, PA 19087-3698. Cabrini College is a small college located in Radnor, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,580 students and an admission rate of 70%. Cabrini College has a bachelor's degree program in Accounting which graduated nine students in 2008.

Eastern University - Saint Davids, PA

Eastern University, 1300 Eagle Rd, Saint Davids, PA 19087-3696. Eastern University is a small university located in Saint Davids, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,907 students and an admission rate of 62%. Eastern University has a bachelor's degree program in Accounting and Finance which graduated fourteen students in 2008.

Wilmington University - New Castle, DE

Wilmington University, 320 Dupont Hwy, New Castle, DE 19720. Wilmington University is a medium sized university located in New Castle, Delaware. It is a private not-for-profit school with primarily 4-year or above programs and has 8,980 students. Wilmington University has a bachelor's degree program in Accounting which graduated forty-seven students in 2008.

Goldey-Beacom College - Wilmington, DE

Goldey-Beacom College, 4701 Limestone Rd, Wilmington, DE 19808. Goldey-Beacom College is a small college located in Wilmington, Delaware. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,319 students and an admission rate of 67%. Goldey-Beacom College has an associate's degree and a bachelor's degree program in Accounting which graduated three and forty-one students respectively in 2008.

Widener University-Delaware Campus - Wilmington, DE

Widener University-Delaware Campus, 4601 Concord Pike, Wilmington, DE 19803. Widener University-Delaware Campus is a small university located in Wilmington, Delaware. It is a private not-for-profit school with primarily 4-year or above programs and has 1,211 students. Widener University-Delaware Campus has a bachelor's degree program in Accounting.

Philadelphia University - Philadelphia, PA

Philadelphia University, School House Lane and Henry Avenue, Philadelphia, PA 19144-5497. Philadelphia University is a small university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,373 students and an admission rate of 70%. Philadelphia University has a bachelor's degree program in Accounting which graduated twenty-one students in 2008.

West Chester University of Pennsylvania - West Chester, PA

West Chester University of Pennsylvania, University Avenue and High Street, West Chester, PA 19383. West Chester University of Pennsylvania is a large university located in West Chester, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 13,619 students and an admission rate of 47%. West Chester University of Pennsylvania has a bachelor's degree program in Accounting which graduated three students in 2008.

DeVry University-Pennsylvania - Fort Washington, PA

DeVry University-Pennsylvania, 1140 Virginia Dr, Fort Washington, PA 19034-3204. DeVry University-Pennsylvania is a small university located in Fort Washington, Pennsylvania. It is a private for-profit school with primarily 4-year or above programs. It has 1,677 students and an admission rate of 87%. DeVry University-Pennsylvania has a master's degree program in Accounting and Finance which graduated eleven students in 2008.

Drexel University - Philadelphia, PA

Drexel University, 3141 Chestnut St, Philadelphia, PA 19104. Drexel University is a large university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 21,754 students and an admission rate of 68%. Drexel University has a master's degree program in Accounting which graduated five students in 2008.

Saint Joseph's University - Philadelphia, PA

Saint Joseph's University, 5600 City Avenue, Philadelphia, PA 19131-1395. Saint Joseph's University is a medium sized university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,846 students and an admission rate of 86%. Saint Joseph's University has associate's degree, bachelor's degree, and master's degree programs in Accounting which graduated zero, zero, and four students respectively in 2008.

Lincoln University of Pennsylvania - Lincoln University, PA

Lincoln University of Pennsylvania, 1570 Baltimore Pike, Lincoln University, PA 19352-0999. Lincoln University of Pennsylvania is a small university located in Lincoln University, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 2,524 students and an admission rate of 35%. Lincoln University of Pennsylvania has a bachelor's degree program in Accounting which graduated one student in 2008.

Montgomery County Community College-Central Campus - Blue Bell, PA

Montgomery County Community College-Central Campus, 340 Dekalb Pike, Blue Bell, PA 19422-0796. Montgomery County Community College-Central Campus is a medium sized college located in Blue Bell, Pennsylvania. It is a public school with primarily 2-year programs and has 9,641 students. Montgomery County Community College-Central Campus has a one to two year and an associate's degree program in Accounting which graduated two and thirty students respectively in 2008.

Delaware Technical and Community College-Stanton-Wilmington - Newark, DE

Delaware Technical and Community College-Stanton-Wilmington, 400 Stanton-Christiana Rd, Newark, DE 19702. Delaware Technical and Community College-Stanton-Wilmington is a medium sized college located in Newark, Delaware. It is a public school with primarily 2-year programs and has 7,460 students. Delaware Technical and Community College-Stanton-Wilmington has a one to two year and an associate's degree program in Accounting which graduated zero and eighteen students respectively in 2008.

Temple University - Philadelphia, PA

Temple University, 1801 North Broad Street, Philadelphia, PA 19122-6096. Temple University is a large university located in Philadelphia, Pennsylvania. It is a public school with primarily 4-year or above programs. It has 35,343 students and an admission rate of 61%. Temple University has a bachelor's degree and a master's degree program in Accounting which graduated 197 and four students respectively in 2008.

La Salle University - Philadelphia, PA

La Salle University, 1900 W Olney Ave, Philadelphia, PA 19141-1199. La Salle University is a medium sized university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 6,176 students and an admission rate of 68%. La Salle University has a bachelor's degree and a master's degree program in Accounting which graduated zero and one students respectively in 2008.

Holy Family University - Philadelphia, PA

Holy Family University, 9801 Frankford Avenue, Philadelphia, PA 19114-2009. Holy Family University is a small university located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,528 students and an admission rate of 72%. Holy Family University has a bachelor's degree program in Accounting which graduated six students in 2008.

University of Delaware - Newark, DE

University of Delaware, , Newark, DE 19716. University of Delaware is a large university located in Newark, Delaware. It is a public school with primarily 4-year or above programs. It has 20,500 students and an admission rate of 58%. University of Delaware has a bachelor's degree and a master's degree program in Accounting which graduated one and eight students respectively in 2008.

Chestnut Hill College - Philadelphia, PA

Chestnut Hill College, 9601 Germantown Ave, Philadelphia, PA 19118-2693. Chestnut Hill College is a small college located in Philadelphia, Pennsylvania. It is a private not-for-profit school with primarily 4-year or above programs. It has 2,046 students and an admission rate of 74%. Chestnut Hill College has a bachelor's degree program in Accounting which graduated nine students in 2008.

CERTIFICATIONS

Accredited Business Accountant/Accredited Business Advisor: This credential is for practitioners who specialize in the needs of small-to-mid-size businesses and in financial services to individuals and families.

For more information, see the Accreditation Council for Accountancy and Taxation website.

Accredited Tax Advisor: This credential is for practitioners who handle sophisticated tax planning issues, including ownership of closely held businesses, qualified retirement plans and complex estates.

For more information, see the Accreditation Council for Accountancy and Taxation website.

Certified Forensic Accountant: Forensic accountants are professionals who use a unique blend of education and experience to apply accounting, auditing, and investigative skills to uncover truth, form legal opinions, and assist in investigations.

For more information, see the American College of Forensic Examiners website.

Associate in Risk Management: The Insurance Institute of America's newly revised Associate in Risk Management (ARM) designation program will teach your employees the practical, relevant skills they need to help manage risk at all levels of your company.

For more information, see the American Institute for CPCU and Insurance Institute of America website.

Associate in Premium Auditing: The Associate in Premium Auditing program provides a sold foundation in essential auditing, accounting, and insurance principles.

For more information, see the American Institute for CPCU and Insurance Institute of America website.

Associate in Risk Management for Public Entities: The Insurance Institute of America's newly revised Associate in Risk Management (ARM) designation program will teach your employees the practical, relevant skills they need to help manage risk at all levels of your company.

For more information, see the American Institute for CPCU and Insurance Institute of America website.

Personal Financial Specialist: CPAs who specialize in personal financial planning can earn a specialist's designation, the Personal Financial Specialist (PFS).

For more information, see the American Institute of Certified Public Accountants website.

Certified Public Accountant: Certified Public Accountant candidates must pass a national exam certifiying that they are eligible to be licensed in the state(s) of their choosing.

For more information, see the American Institute of Certified Public Accountants website.

Biomedical Auditor Certification: The Certified Biomedical Auditor is a professional who understands the principles of standards, regulations, directives and guidance for auditing a biomedical system while using various tools and techniques to examine, question, evaluate and report on that system's adequacy and deficiencies.

For more information, see the American Society for Quality website.

Certified Treasury Professional Associate: We recognize the accomplishments of these full-time students who successfully completed the Corporate Treasury Management program at their college/university and passed the CTP exam to earn the Certified Treasury Professional Associate credential.

For more information, see the Association for Financial Professionals website.

Certified Fraud Examiner: The ACFE established and administers the Certified Fraud Examiner (CFE) designation.

For more information, see the Association of Certified Fraud Examiners website.

Certified Energy Auditor: The Certified Energy Auditor (CEA) certification identifies professionals as having the required knowledge and experience needed to succeed in the growing field of energy auditing.

For more information, see the Association of Energy Engineers website.

Certification in Distressed Business Valuation: The Certification in Distressed Business Valuation (CDBV) is a unique valuation certification program designed to train and accredit professionals who value distressed assets, including distressed and/or bankrupt companies.

For more information, see the Association of Insolvency and Restructuring Advisors website.

Certified Bank Auditor: The purpose of BAI Center for Certification - Certified Bank Auditor® (CBA) Continuing Professional Education (CPE) Program is to promote professional development and to provide a means for recognizing CBAs to keep current with industry changes or furthering their own development in banking, technology, auditing, or other disciplines that contribute to a CBA?s growth and development.

For more information, see the BAI Center for Certification website.

International Certificate in Banking Risk and Regulation: The role of risk management is becoming more important as both banks and supervisors around the world increasingly recognize that sound risk management practices are vital, not only for the success of individual banks, but also for the banking system as a whole.

For more information, see the Global Association of Risk Professionals website.

Stay Sharp Program - Defeating Rogue Access Points: Security professionals who are concerned about the weaknesses of wireless networks.

For more information, see the Global Information Assurance Certification website.

Certified Internal Auditor: The Certified Internal Auditor (CIA) designation is the only globally accepted certification for internal auditors and remains the standard by which individuals demonstrate their competency and professionalism in the internal auditing field.

For more information, see the Institute of Internal Auditors website.

Accredited Insurance Examiner: An Accredited Insurance Examiner (AIE) is awarded to insurance regulatory professionals who have been extensively trained in one of two primary fields of insurance regulation, Property and Casualty or Life and Health.

For more information, see the Insurance Regulatory Examiners Society website.

Bookkeeper NRB: Bookkeeping, accounting, and auditing clerks may apply for our examination with qualified experience or education.

For more information, see the National Center for Competency Testing website.

Certified Valuation Analyst: The primary goal of CVA certification is to provide you with information that will serve as a solid foundation for your professional valuation endeavors, whether or not you plan to pursue a designation.

For more information, see the The National Association of Certified Valuation Analysts website.

LICENSES

Accountant

Licensing agency: Board of Accountancy
Address: Division of Professional Regulation, Cannon Building, 861 Silver Lake Blvd., STE. 203, Dover, DE 19904-2467

Phone: (302) 744-4511
Website: Board of Accountancy Division of Professional Regulation

LOCATION INFORMATION: Wilmington, Delaware

Wilmington, Delaware
Wilmington, Delaware photo by Malepheasant

Wilmington is located in New Castle County, Delaware. It has a population of over 72,592, which has shrunk by 0.1% in the past ten years. The cost of living index in Wilmington, 102, is above the national average. New single-family homes in Wilmington are valued at $58,400 on average, which is far less than the state average. In 2008, twenty-eight new homes were built in Wilmington, down from forty-seven the previous year.

The three most popular industries for women in Wilmington are finance and insurance, health care, and educational services. For men, it is finance and insurance, construction, and professional, scientific, and technical services. The average travel time to work is about 23 minutes. More than 21.4% of Wilmington residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 8.6%, is lower than the state average.

The unemployment rate in Wilmington is 13.3%, which is greater than Delaware's average of 8.5%.

The percentage of Wilmington residents that are affiliated with a religious congregation, 45.7%, is less than the national average but more than the state average. Saint Andrews Church, Sacred Heart Catholic Church and Beth Shalom Congregation are among the churches located in Wilmington. The largest religious groups are the Catholic Church, the United Methodist Church and the Presbyterian Church (USA).

Wilmington is home to the Interchange 3 and the The Rocks as well as Rodney Square and Cool Spring Park. Visitors to Wilmington can choose from Howard Johnson Restaurants, Riverview Motel and Hotel Du Pont for temporary stays in the area.