Accounting and Auditing: Career and Education Opportunities in Madison, Wisconsin
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.
Madison is situated in Dane County, Wisconsin. It has a population of over 231,916, which has grown by 11.5% in the past ten years. The cost of living index in Madison, 86, is well below the national average. New single-family homes in Madison are valued at $243,800 on average, which is near the state average. In 2008, one hundred forty-eight new homes were constructed in Madison, down from three hundred seventy-four the previous year.
The top three industries for women in Madison are educational services, health care, and finance and insurance. For men, it is educational services, professional, scientific, and technical services, and accommodation and food services. The average travel time to work is about 18 minutes. More than 48.2% of Madison residents have a bachelor's degree, which is higher than the state average. The percentage of residents with a graduate degree, 20.9%, is higher than the state average.
The unemployment rate in Madison is 5.2%, which is less than Wisconsin's average of 7.7%.
The percentage of Madison residents that are affiliated with a religious congregation, 52.5%, is more than the national average but less than the state average. Gates of Heaven Synagogue, Abundant Life Church and Grace Episcopal Church are some of the churches located in Madison. The most common religious groups are the Catholic Church, the Evangelical Lutheran Church in America and the United Methodist Church.
Madison is home to the Allen Centennial Gardens and the Annie C Stewart Memorial Fountain as well as Bordner Park and Brigham Park. Shopping centers in the area include Brookwood Village Shopping Center, Whitney Square Shopping Center and Walnut Grove Shopping Center. Visitors to Madison can choose from Comfort Inn Madison, Howard Johnson-Plaza Hotel and Country Inn Sts Madison 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.
Insurance Underwriters review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications. Insurance Underwriters need to write well. They also need to listen well to others and take in their information and issues.
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.