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Career and Education Opportunities for Accountants in Hawaii

Hawaii has a population of 1,295,178, which has grown by 6.90% in the last 10 years. Nicknamed the "Aloha State," Hawaii's capital and biggest city is Honolulu.

About 5,580 people are currently employed as accountants in Hawaii. By 2016, this is expected to grow by 11% to about 6,190 people employed. 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. Accountants generally 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.

A person working as an accountant can expect to earn about $24 per hour or $51,170 per year on average in Hawaii and about $28 per hour or $59,430 annually on average in the U.S. as a whole. Compared with people working in the overall category of Accounting and Auditing, people working as accountants in Hawaii earn less. They earn more than people working in the overall category of Accounting and Auditing nationally. People working as accountants can fill a number of jobs, such as: financial adviser, financial accountant, and plant controller.

In 2008, there were a total of 873,749 jobs in Hawaii. The average annual income was $42,078 in 2008, up from $40,924 the preceding year. The unemployment rate in Hawaii was 6.8% in 2009, which has grown by 2.8% since the previous year. Roughly 26.2% of Hawaii residents have college degrees, which is higher than the national average.

The top industries in Hawaii include hotels, clothing accessories stores, and full-service restaurants. Notable tourist attractions include the Daughters of Hawaii, the Iolani Palace, and the Ramsay Museum.

CITIES WITH Accountant OPPORTUNITIES IN Hawaii


JOB 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.

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.

Similar jobs with educational opportunities in Hawaii include:

  • 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.
  • 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.
  • Tax Examiner. Determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations.

LOCATION INFORMATION: Hawaii

Hawaii
Hawaii photo by Christopher P. Becker

Hawaii has a population of 1,295,178, which has grown by 6.90% over the past decade. Nicknamed the "Aloha State," Hawaii's capital and biggest city is Honolulu. In 2008, there were a total of 873,749 jobs in Hawaii. The average annual income was $42,078 in 2008, up from $40,924 the previous year. The unemployment rate in Hawaii was 6.8% in 2009, which has grown by 2.8% since the previous year. Approximately 26.2% of Hawaii residents have college degrees, which is higher than the national average.

The top industries in Hawaii include hotels, clothing accessories stores, and full-service restaurants. Notable tourist attractions include the Iolani Palace, the Academy of Arts Honolulu, and the The Contemporary Museum.