Accounting and Auditing: Career and Education Opportunities in Elgin, Illinois
Accounting and Auditing: Accountants keep our books in line and work to give us all an honest assessment of the value of the things we own. With work ranging from credit assessment to energy auditing, they balance the costs we are willing to pay against the benefits we can expect to get.
Elgin is located in Kane County, Illinois. It has a population of over 106,330, which has grown by 12.5% over the last ten years. The cost of living index in Elgin, 104, is above the national average. New single-family homes in Elgin cost $156,500 on average, which is far less than the state average. In 2008, three hundred thirty-two new homes were constructed in Elgin, down from seven hundred fifty-six the previous year.
The top three industries for women in Elgin are health care, educational services, and finance and insurance. For men, it is construction, metal and metal products, and administrative and support and waste management services. The average travel time to work is about 26 minutes. More than 20.5% of Elgin residents have a bachelor's degree, which is lower than the state average. The percentage of residents with a graduate degree, 6.0%, is lower than the state average.
The unemployment rate in Elgin is 12.4%, which is greater than Illinois's average of 10.5%.
The percentage of Elgin residents that are affiliated with a religious congregation, 56.0%, is more than both the national and state average. Holy Trinity Lutheran Church, Seventh Day Adventist Church and Saint Thomas More Roman Catholic Church are some of the churches located in Elgin. The largest religious groups are the Catholic Church, the Lutheran Church and the Evangelical Lutheran Church in America.
Elgin is home to the Fox Bluff Corporate Center and the Elgin Fire Station Number 2 as well as Wing Park and College Park. Shopping malls in the area include Wing Park Manor Shopping Center, Tyler Creek Plaza Shopping Center and Town and Country Plaza Shopping Center. Visitors to Elgin can choose from Elgin-Days Inn, Colonial Lodge Motel and Crowne Plaza for temporary stays in the area.
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CAREERS WITHIN: Accounting and Auditing
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 need to evaluate and judge the efficacy of solutions. They also need to manage their own time and the time of others.
Assessors appraise real and personal property to determine its fair value. Assessors need to listen well to others and take in their information and issues. They also need to read and understand what has been read.
Auditors examine and analyze accounting records to determine financial status of establishment and prepare financial reports concerning operating procedures. Auditors need to think through complex problems and develop a critical analysis of the situation and possible solutions. They also need to read and understand what has been read.
Budget Analysts examine budget estimates for completeness, accuracy, and conformance with procedures and regulations. Budget Analysts need to read and understand what has been read. They also need to listen well to others and take in their information and issues.
Credit Analysts analyze current credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money. Credit Analysts need to speak clearly and communicate with others. They also need to listen well to others and take in their information and issues.
Financial Analysts conduct quantitative analyses of information affecting investment programs of public or private institutions. Financial Analysts need to manage and maintain budgets and other financial resources. They also need to evaluate and judge the efficacy of solutions.
Financial Examiners enforce or ensure compliance with laws and regulations governing financial and securities institutions and financial and real estate transactions. Financial Examiners need to pay attention to ongoing situations and monitor them as they develop. They also need to read and understand what has been read.
Income Tax Advisors prepare tax returns for individuals or small businesses but do not have the background or responsibilities of an accredited or certified public accountant. Income Tax Advisors need to actively seek out need information and learn from it. They also need to read and understand what has been read.
Loan Counselors provide guidance to prospective loan applicants who have problems qualifying for traditional loans. Loan Counselors need to listen well to others and take in their information and issues. They also need to look for ways to help others.
Loan Officers evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Loan Officers need to note the reactions and responses of others in both work and social situations. They also need to train others in tasks and process.
Personal Financial Planners advise clients on financial plans utilizing knowledge of tax and investment strategies, securities, and real estate. Personal Financial Planners need to listen well to others and take in their information and issues. They also need to think through complex problems and develop a critical analysis of the situation and possible solutions.
Real Estate Appraisers appraise real property to determine its value for purchase, sales, or loan purposes. Real Estate Appraisers need to write well. They also need to think through complex problems and develop a critical analysis of the situation and possible solutions.
Tax Examiners determine tax liability or collect taxes from individuals or business firms according to prescribed laws and regulations. Tax Examiners need to actively seek out need information and learn from it. They also need to speak clearly and communicate with others.