Occupation Summary

Accountants and Auditors

O*NET 13-2011.00

Description:

Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.

Annual Wages:
$80,925.00
Employment Rate:
Employment is expected to increase by 15.22%.
Education Level:
Bachelor's Degree. According to O*Net, the majority of people employed in this occupation have this level of education.
Endorsement:
Business and Industry, Science Technology Engineering and Math (STEM)

  1. Prepare detailed reports on audit findings.
  2. Report to management about asset utilization and audit results, and recommend changes in operations and financial activities.
  3. Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
  4. Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
  5. Supervise auditing of establishments, and determine scope of investigation required.
  6. Confer with company officials about financial and regulatory matters.
  7. Examine and evaluate financial and information systems, recommending controls to ensure system reliability and data integrity.
  8. Inspect cash on hand, notes receivable and payable, negotiable securities, and canceled checks to confirm records are accurate.
  9. Examine records and interview workers to ensure recording of transactions and compliance with laws and regulations.
  10. Prepare, examine, or analyze accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards.
  11. Prepare adjusting journal entries.
  12. Review accounts for discrepancies and reconcile differences.
  13. Establish tables of accounts and assign entries to proper accounts.
  14. Examine inventory to verify journal and ledger entries.
  15. Analyze business operations, trends, costs, revenues, financial commitments, and obligations to project future revenues and expenses or to provide advice.
  16. Report to management regarding the finances of establishment.
  17. Develop, implement, modify, and document recordkeeping and accounting systems, making use of current computer technology.
  18. Evaluate taxpayer finances to determine tax liability, using knowledge of interest and discount rates, annuities, valuation of stocks and bonds, and amortization valuation of depletable assets.
  19. Examine whether the organization's objectives are reflected in its management activities, and whether employees understand the objectives.
  20. Audit payroll and personnel records to determine unemployment insurance premiums, workers' compensation coverage, liabilities, and compliance with tax laws.
  21. Review taxpayer accounts, and conduct audits on-site, by correspondence, or by summoning taxpayer to office.
  22. Compute taxes owed and prepare tax returns, ensuring compliance with payment, reporting, or other tax requirements.
  23. Advise clients in areas such as compensation, employee health care benefits, the design of accounting or data processing systems, or long-range tax or estate plans.
  24. Direct activities of personnel engaged in filing, recording, compiling, and transmitting financial records.
  25. Conduct pre-implementation audits to determine if systems and programs under development will work as planned.
  26. Develop, maintain, or analyze budgets, preparing periodic reports that compare budgeted costs to actual costs.
  27. Prepare, analyze, or verify annual reports, financial statements, and other records, using accepted accounting and statistical procedures to assess financial condition and facilitate financial planning.
  28. Process invoices for payment.
  29. Review data about material assets, net worth, liabilities, capital stock, surplus, income, or expenditures.


National Industry Employment Patterns


Industry % of Accountants and Auditors employed Annual Growth Rate
Accounting, tax preparation, bookkeeping, and payroll services 23 0.43
Management, scientific, and technical consulting services 3 0.95
Employment services 2 -0.31
Computer systems design and related services 2 1.43
Office administrative services 2 0.89
Insurance carriers 2 0.59


Labor Market Information


2025 Statewide median hourly wage $38.91
2025 National median hourly wage $40.23
2024 National employment 1,579,800
2024 Texas employment 109,972
Texas projected employment by 2034 126,710
Texas projected annual employment and Turnover openings through 2034 10,231




TEXAS COUNTY MAP BY WORKFORCE DEVELOPMENT AREA
* Due to confidentiality rules, not all regions may have the data displayed. The sum of all the regions may not be equal to the state total.


Top 10 Relevant Knowledge Areas Relevant Importance Levels
Economics and Accounting
Knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
93.00%
English Language
Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
79.20%
Mathematics
Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.
78.40%
Administration and Management
Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
70.60%
Customer and Personal Service
Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
70.20%
Law and Government
Knowledge of laws, legal codes, court procedures, precedents, government regulations, executive orders, agency rules, and the democratic political process.
66.60%
Administrative
Knowledge of administrative and office procedures and systems such as word processing, managing files and records, stenography and transcription, designing forms, and workplace terminology.
61.40%
Computers and Electronics
Knowledge of circuit boards, processors, chips, electronic equipment, and computer hardware and software, including applications and programming.
60.80%
Personnel and Human Resources
Knowledge of principles and procedures for personnel recruitment, selection, training, compensation and benefits, labor relations and negotiation, and personnel information systems.
52.40%
Education and Training
Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
50.40%


Top 10 Relevant Skill Areas Relevant Importance Levels
Reading Comprehension
Understanding written sentences and paragraphs in work-related documents.
77.60%
Active Listening
Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
75.00%
Speaking
Talking to others to convey information effectively.
75.00%
Critical Thinking
Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems.
75.00%
Writing
Communicating effectively in writing as appropriate for the needs of the audience.
70.00%
Judgment and Decision Making
Considering the relative costs and benefits of potential actions to choose the most appropriate one.
70.00%
Monitoring
Monitoring/Assessing performance of yourself, other individuals, or organizations to make improvements or take corrective action.
67.60%
Complex Problem Solving
Identifying complex problems and reviewing related information to develop and evaluate options and implement solutions.
67.60%
Coordination
Adjusting actions in relation to others' actions.
65.00%
Mathematics
Using mathematics to solve problems.
65.00%


Top 10 Relevant Abilities Relevant Importance Levels
Oral Comprehension
The ability to listen to and understand information and ideas presented through spoken words and sentences.
80.00%
Written Comprehension
The ability to read and understand information and ideas presented in writing.
77.60%
Oral Expression
The ability to communicate information and ideas in speaking so others will understand.
77.60%
Written Expression
The ability to communicate information and ideas in writing so others will understand.
75.00%
Problem Sensitivity
The ability to tell when something is wrong or is likely to go wrong. It does not involve solving the problem, only recognizing that there is a problem.
75.00%
Deductive Reasoning
The ability to apply general rules to specific problems to produce answers that make sense.
75.00%
Inductive Reasoning
The ability to combine pieces of information to form general rules or conclusions (includes finding a relationship among seemingly unrelated events).
75.00%
Near Vision
The ability to see details at close range (within a few feet of the observer).
75.00%
Information Ordering
The ability to arrange things or actions in a certain order or pattern according to a specific rule or set of rules (e.g., patterns of numbers, letters, words, pictures, mathematical operations).
72.40%
Mathematical Reasoning
The ability to choose the right mathematical methods or formulas to solve a problem.
67.60%


  • Getting Information
    -- Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Working with Computers
    -- Using computers and computer systems (including hardware and software) to program, write software, set up functions, enter data, or process information.
  • Communicating with Supervisors, Peers, or Subordinates
    -- Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Evaluating Information to Determine Compliance with Standards
    -- Using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards.
  • Documenting/Recording Information
    -- Entering, transcribing, recording, storing, or maintaining information in written or electronic/magnetic form.
Other Activities


  • Achievement
    - Occupations that satisfy this work value are results oriented and allow employees to use their strongest abilities, giving them a feeling of accomplishment. Corresponding needs are Ability Utilization and Achievement.
  • Independence
    - Occupations that satisfy this work value allow employees to work on their own and make decisions. Corresponding needs are Creativity, Responsibility and Autonomy.



Tools

Desktop calculator: 10-key calculators;

Desktop computers: Desktop computers;

Laser fax machine: Laser facsimile machines;

Notebook computers: Laptop computers; Notebook computers;

Personal computers: Personal computers;

Personal digital assistant PDAs or organizers: Personal digital assistants PDA;

Photocopiers: Photocopying equipment;

Scanners: Scanners; Computer data input scanners;

Tablet computers: Tablet computers;


Technology

Accounting software: Accounting software; Accounts payable software; Accounts receivable software; Accurate NXG; AcorynSystems Activity Based Costing/Management ABC/M; AdaptaSoft CyberPay; ATX Total Accounting Office; ATX Total Engagement Office; Automation Counselors municiPAL; Best MIP Fund Accounting; Billing software; CCIS AccountAbility; Client billing software; Cost accounting software; CYMA IV Accounting for Windows; Evron Computer Systems SAGE PFW (Platinum For Windows); FRx Software Microsoft FRx; Fund accounting software; General ledger software; Financial reporting software; Financial statement software; Heron CrossTie General Ledger; Invoice software; Intuit QuickBooks; Lead Activity Analyzer; Lead Business Analyzer; Micronetics Xpert Write-up; Multiview Accounts Receivable; New Millennium Communications Genesis Accounting; Pro Systems Client Write-Up System for Windows; Profit Developers Electronic File Interchange; PROPHIX Enterprise; Roundtable Software Advantage Accounting System; Sage 50 Accounting; Sage BusinessWorks; Sage CPAAccounts Payable; Sage CPAAccounts Receivable; Sage CPAClient Checkbook; Sageworks ProfitCents; Softrax Revenue Management; Summit Software Summit Biofuels Accounting; Tax software; UA Business Software Professional Edition;

Analytical or scientific software: WizSoft WizRule; SAS; IBM SPSS Statistics; Guidance Software EnCase Enterprise; Arbutus Analyzer; ACL Audit Exchange;

Business intelligence and data analysis software: Alteryx software; IBM Cognos Impromptu; Tableau; Qlik Tech QlikView; Oracle Business Intelligence Enterprise Edition;

Cloud-based data access and sharing software: Microsoft SharePoint;

Compliance software: Lumigent Entegra; Intrax ProcedureNet; Bi3 Audit Intelligence; ACCUCert; Accounting compliance software; Corporate Responsibility System Technologies Limited Compliance Positioning System; Paisley Cardmap; Paisley Focus Control Assurance; Paisley RiskNavigator; Sage EDP Payroll Tax; Tax compliance property tax management software; Sage HandiSoft HandiLedger; TrendTracker Compliance Solution;

Customer relationship management CRM software: Salesforce software; Blackbaud The Raiser's Edge;

Data base management system software: Apache Solr; Teradata Database;

Data base reporting software: SAP Crystal Reports; ADP Super Report Writer;

Data base user interface and query software: Best Software CPAPayroll; Data entry software; Database software; FileMaker Pro; Microsoft Access; Microsoft SQL Server; Structured query language SQL; Sage 300 Construction and Real Estate; Practice management software PMS; Oracle Database; Yardi software; Yardi Systems Yardi Enterprise;

Data mining software: WizSoft WizWhy; Data extraction software;

Desktop communications software: Eko;

Desktop publishing software: Microsoft Publisher;

Development environment software: Microsoft Visual Basic; Microsoft Visual Basic for Applications VBA; eXtensible Business Reporting Language XBRL;

Document management software: Iron Mountain Accutrac records management software; Document management system software; Adobe Acrobat; OmniRIM Records Management Suite; Sage CPADocument Manager;

Electronic mail software: IBM Notes; Microsoft Outlook; Microsoft Exchange;

Enterprise application integration software: SAP BusinessObjects Data Integrator;

Enterprise resource planning ERP software: SAP software; Sage Platinum for Windows PFW; SAP Business Objects; Sage MAS 200 ERP; Sage ERP Accpac; Oracle Fusion Applications; Oracle Hyperion; Oracle JD Edwards EnterpriseOne; Oracle PeopleSoft; Oracle PeopleSoft Financials; Workday software; Microsoft Dynamics; Microsoft Dynamics GP; Microsoft Dynamics NAV; Microsoft Dynamics SL; Lawson ERP; NetSuite ERP; Exact Software Macola ES; Accountants Templates JAZZ-It!; AcornSystems Corporate Performance Management; Cartesis ES Magnitude;

Enterprise system management software: IBM Power Systems software;

Financial analysis software: InformationActive ActiveData for Excel; Kirix ProffiPoint; IAD Audit Leverage; Internal audit software; Financial Competence; Fixed-assets depreciation software; MethodWare ProAudit Advisor; Microsoft FRx; Cartesis Magnitude iAnalysis; CaseWare International IDEA; CaseWare International IDEA SmartAnalyzer; CaseWare Working Papers; CashFlow Guardian; Cebos MQ1 Audit System; Choice Technologies PowerBill +; BNA Corporate Tax Audit Analyzer; BizBench; Brentmark Estate Planning Quickview; Cammack Computations Inter-Est; Estate planning software; Datavantage; Delphi Technology; Digital analysis tests and statistics DATAS for Excel; Digital analysis tests and statistics DATAS for SAS; D'Arcangelo Galileo; ACL Business Assurance Analytics; Accounting fraud detection software; Bi3 Financial Statement Fraud Analysis; Audit management software; Audit planning and control environment software; AuditWare CaseWare Examiner; AuditWare financial reporting and auditing software; Automated auditors fraud detector software; Tropics workers' compensation software; MRO Audit Tracker; Oracle E-Business Suite Financials; Palisade @Risk; Pentana audit work system PAWS; Pleier Audit Management System; Paisley IssueTrack; OSI TrustWise; Paisley AutoAudit; Recovery audit software; PricewaterhouseCoopers TeamMate; RSM McGladrey Advanced Practice Solutions Paperless Audit; RSM McGladrey Auditor Assistant; Sage MAS 500; Sampson Data Pattern Index software; Solutions Technology & Software HR Premier; Star Software Fixed Asset Depreciation; Star Software Materiality Calculator; Sync Essentials Trade Accountant; Thomson Creative Solutions Engagement CS; Thomson Creative Solutions Financial Analysis CS; Thomson PPC e-Tools Suite; TimeValue software; TopCAATs;

Human resources software: Sage HRMS; ADP Workforce Now; CPSI EHR System; Human resource management software HRMS;

Information retrieval or search software: LexisNexis;

Inventory management software: Asset management software;

Medical software: Epic Systems; Medical condition coding software; Medical procedure coding software; MEDITECH software; Healthcare common procedure coding system HCPCS;

Object or component oriented development software: Swift; R;

Office suite software: Microsoft Office software; Microsoft Works; Corel WordPerfect Office Suite;

Operating system software: Microsoft Windows; UNIX;

Presentation software: Microsoft PowerPoint; Google Slides;

Process mapping and design software: Microsoft Visio;

Project management software: Microsoft Project; Oracle Primavera Enterprise Project Portfolio Management;

Risk management data and analysis software: Thomson Reuters Risk Management;

Spreadsheet software: Spreadsheet software; Microsoft Excel; Google Sheets;

Tax preparation software: H&R Block Tax; Intellitax financial solutions software; IDMS Account Ability; Income tax return preparation software; Intuit Lacerte; Intuit ProSeries; KPB Associates TaxStream; Intuit TurboTax; NewPortWave Year End Solutions; CCH ProSystem fx TAX; BNA Estate and Gift Tax Suite; BNA Income Tax Planning Solutions; BNA Sales and Use Tax Rates and Forms; Creative Solutions UltraTax 1040; American Riviera Magtax; Avalara AvaTax ST; ATX Total Tax Office; Advanced Micro Systems 1099-Etc; 1099 ProsSoftware; Abacus Tax; Thomson GoSystem Tax; Universal Tax Systems TaxWise;

Time accounting software: WorkForce Software EmpCenter Time and Attendance; Payroll software;

Transaction security and virus protection software: NortonLifeLock cybersecurity software;

Transaction server software: Tumbleweed SecureTransport;

Video creation and editing software: TechSmith Camtasia;

Word processing software: Microsoft Word; Microsoft OneNote; Google Docs;


Related O*NET occupational titles for Accountants and Auditors include:
  • 43-3031.00 Bookkeeping, Accounting, and Auditing Clerks
  • 13-2031.00 Budget Analysts
  • 13-2041.00 Credit Analysts
  • 13-2051.00 Financial and Investment Analysts
  • 13-2061.00 Financial Examiners
  • 11-3031.00 Financial Managers
  • 13-2052.00 Personal Financial Advisors
  • 13-2081.00 Tax Examiners and Collectors, and Revenue Agents
  • 13-2082.00 Tax Preparers
  • 11-3031.01 Treasurers and Controllers


Sources of Additional Information
  • For more information about accredited accounting programs, visit: AACSB
  • For more information about the Certified Public Accountant (CPA) license, the Chartered Global Management Accountant (CGMA), and other designations, visit: American Institute of Certified Public Accountants (AICPA)
  • For information about the Certified Government Financial Manager (CGFM) designation, visit: Association of Government Accountants (AGA)
  • For more information about management accounting and the Certified Management Accountant (CMA) designation, visit: Institute of Management Accountants
  • For more information about internal auditing and the Certified Internal Auditor (CIA) designation, visit: The Institute of Internal Auditors
  • For more information about information systems auditing and the Certified Information Systems Auditor (CISA) designation, visit: ISACA
  • For more information about certifications in accounting, visit: Global Academy of Finance and Management
  • Occupational Requirements Survey

  • For a profile highlighting selected BLS data on occupational requirements, see
  • Accountants and auditors (PDF)
  • Accountants and Auditors

  • Contact Texas Workforce Commission
    Labor Market and Career Information  |  101 E. 15th Street, Annex Room 0252  |  Austin, Texas 78778
    Official Website  |  1-800-822-PLAN (7526)  |  512.936.3200

    ** The information in this report may be derived from many sources like O*NET, BLS (Bureau of Labor Statistics), OOH (Occupational Outlook Handbook), and Career One Stop.