Business & Accounting

According to the Bureau of Labor Statistics, employment of accountants and auditors is projected to grow 4 percent from 2022 to 2032, about as fast as the average for all occupations.

About 126,500 openings for accountants and auditors are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Employment

Globalization, a growing economy, and a complex tax and regulatory environment are expected to continue leading the strong demand for accountants and auditors.

In general, employment growth of accountants and auditors is expected to be closely tied to the health of the overall economy. As the economy grows, these workers will continue being needed to prepare and examine financial records. In addition, as more companies go public, there will be greater need for public accountants to handle the legally required financial documentation.

The continued globalization of business may lead to increased demand for accounting expertise and services related to international trade and international mergers and acquisitions.

Technological change is expected to affect the role of accountants over the projections decade. Some routine accounting tasks may be automated as platforms such as cloud computing, artificial intelligence (AI), and blockchain become more widespread. Although it will increase accountants' efficiency, this change is not expected to reduce overall demand. The automation of routine tasks, such as data entry, will instead make accountants' advisory and analytical duties more prominent.

The U.S. Bureau of Labor Statistics lists the median annual wage for accountants and auditors was $78,000 in May 2022. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. The lowest 10 percent earned less than $48,560, and the highest 10 percent earned more than $132,690.

In May 2022, the median annual wages for accountants and auditors in the top industries in which they worked were as follows:

Most accountants and auditors work full time. Longer hours are typical at certain times of the year, such as for quarterly audits or during tax season.

1. Critically evaluate the legal, social, and ethical issues that may arise in a business environment.
2. Identify and evaluate diverse stakeholder perspectives.
3. Present a position based upon the analysis of context as it relates to an issue.
4. Take a comprehensive approach to drawing conclusions based on assumptions, context, data, and evidence.
5. Demonstrate mastery of how contexts effects subject matter by incorporating relevant content as support for a written argument.

High School Articulation Agreements

• Fleming High School
• Haxtun High School
• Pawnee High School
• Stratton High School

High School of Business Articulation Agreements

• Haxtun High School
• Holyoke High School
• Lone Star High School
• Merino High School
• Peetz Plateau High School
• Wray High School

Colorado Guaranteed Transfer courses.

The Associate of Arts Business (DwD) participates in the Colorado Guaranteed Transfer Agreement and is accepted by all public universities and some private universities in the state.

Please contact the Business Department for specific information regarding the Articulation Agreement with your school.