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Career and Education Opportunities for Accountants in Bellevue, Washington

If you want to be an accountant, the Bellevue, Washington area offers many opportunities both for education and employment. There are currently 26,390 jobs for accountants in Washington and this is projected to grow 15% to about 30,400 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.

The income of an accountant is about $29 hourly or $61,610 yearly on average in Washington. In the U.S. as a whole, their income is about $28 hourly or $59,430 yearly on average. Earnings for accountants are better than earnings in the general category of Accounting and Auditing in Washington and better than general Accounting and Auditing category earnings nationally. Jobs in this field include: financial reporting accountant, public accountant, and mutual fund accountant.

There are sixty-four schools of higher education in the Bellevue area, including eight within twenty-five miles of Bellevue where you can get a degree to start your career as an accountant. The most common level of education for accountants is a Bachelor's degree. You can expect to spend about four years studying to be 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 Bellevue 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.
  • 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

Seattle Pacific University - Seattle, WA

Seattle Pacific University, 3307 3rd Ave W, Seattle, WA 98119-1997. Seattle Pacific University is a small university located in Seattle, Washington. It is a private not-for-profit school with primarily 4-year or above programs. It has 3,891 students and an admission rate of 84%. Seattle Pacific University has a bachelor's degree program in Accounting which graduated fourteen students in 2008.

City University of Seattle - Bellevue, WA

City University of Seattle, 11900 NE First Street, Bellevue, WA 98005. City University of Seattle is a small university located in Bellevue, Washington. It is a private not-for-profit school with primarily 4-year or above programs and has 2,489 students. City University of Seattle has one to two year, bachelor's degree, postbaccalaureate certificate, and master's degree programs in Accounting which graduated two, forty-five, one, and seven students respectively in 2008.

Northwest University - Kirkland, WA

Northwest University, 5520 108th Ave NE, Kirkland, WA 98083-0579. Northwest University is a small university located in Kirkland, Washington. It is a private not-for-profit school with primarily 4-year or above programs. It has 1,310 students and an admission rate of 79%. Northwest University has a bachelor's degree program in Accounting and Finance which graduated six students in 2008.

DeVry University-Washington - Federal Way, WA

DeVry University-Washington, 3600 S 344th Wy, Federal Way, WA 98001-9558. DeVry University-Washington is a small university located in Federal Way, Washington. It is a private for-profit school with primarily 4-year or above programs. It has 900 students and an admission rate of 90%. DeVry University-Washington has a master's degree program in Accounting and Finance which graduated nine students in 2008.

Seattle University - Seattle, WA

Seattle University, 900 Broadway, Seattle, WA 98122-4340. Seattle University is a medium sized university located in Seattle, Washington. It is a private not-for-profit school with primarily 4-year or above programs. It has 7,560 students and an admission rate of 65%. Seattle University has bachelor's degree, postbaccalaureate certificate, master's degree, and post-master's certificate programs in Accounting which graduated three, one, eighteen, and one students respectively in 2008.

University of Washington-Seattle Campus - Seattle, WA

University of Washington-Seattle Campus, 1400 NE Campus Parkway, Seattle, WA 98195-4550. University of Washington-Seattle Campus is a large university located in Seattle, Washington. It is a public school with primarily 4-year or above programs. It has 39,675 students and an admission rate of 61%. University of Washington-Seattle Campus has a bachelor's degree and a master's degree program in Accounting which graduated thirteen and forty-four students respectively in 2008.

University of Washington-Tacoma Campus - Tacoma, WA

University of Washington-Tacoma Campus, 1900 Commerce St, Tacoma, WA 98402-3100. University of Washington-Tacoma Campus is a small university located in Tacoma, Washington. It is a public school with primarily 4-year or above programs. It has 2,915 students and an admission rate of 82%. University of Washington-Tacoma Campus has a bachelor's degree program in Accounting which graduated sixty-five students in 2008.

University of Phoenix-Western Washington Campus - Tukwila, WA

University of Phoenix-Western Washington Campus, 7100 Fort Dent Way, Tukwila, WA 98188-8559. University of Phoenix-Western Washington Campus is a small university located in Tukwila, Washington. It is a private for-profit school with primarily 4-year or above programs and has 638 students. University of Phoenix-Western Washington Campus has a bachelor's degree program in Accounting which graduated thirteen 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.

LOCATION INFORMATION: Bellevue, Washington

Bellevue, Washington
Bellevue, Washington photo by Jelson25

Bellevue is located in King County, Washington. It has a population of over 123,771, which has grown by 13.0% in the past ten years. The cost of living index in Bellevue, 128, is far greater than the national average. New single-family homes in Bellevue are valued at $475,200 on average, which is far greater than the state average. In 2008, one hundred thirteen new homes were built in Bellevue, down from one hundred sixty-five the previous year.

The top three industries for women in Bellevue are health care, professional, scientific, and technical services, and educational services. For men, it is professional, scientific, and technical services, transportation equipment, and construction. The average commute to work is about 22 minutes. More than 54.1% of Bellevue residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 19.4%, is higher than the state average.

The unemployment rate in Bellevue is 7.2%, which is less than Washington's average of 8.7%.

The percentage of Bellevue residents that are affiliated with a religious congregation, 37.3%, is less than the national average but more than the state average. The most prominent religious groups are the Catholic Church, the LDS (Mormon) Church and the Evangelical Lutheran Church in America.

Bellevue is home to the Sunset Plaza and the Eastgate Plaza as well as Killarney Glen Park and Coal Creek Park. Shopping malls in the area include Hillfair Shopping Center, Lake Hills Shopping Center and Crossroads Shopping Center. Visitors to Bellevue can choose from Bedynamic Inc, Fairfield Inn Seattle-Bellevue and Bellevue Travelodge for temporary stays in the area.