7 Booming Federal Career Fields
Currin Berdine | Editor
Accounting and Business
Government accountants and auditors work in the public sector, maintaining and examining the records of government agencies and auditing private businesses and individuals whose activities are subject to government regulations or taxation.
Accountants employed by Federal, State, and local governments ensure that revenues are received and expenditures are made in accordance with laws and regulations.
Those employed by the Federal Government may work as Internal Revenue Service agents or in financial management, financial institution examination, or budget analysis and administration.
Specific job duties vary widely among the four major fields of accounting and auditing: public, management, government accounting, and internal auditing.
Median Annual Salary
Most accountants and business analysts enter the Federal service as GS-9 employees, and receive a salary of $47,200.
Most accounting and auditing positions for the Federal Government require 4 years of college or an equivalent combination of education and experience.
Some employers prefer applicants with a master’s degree in accounting, or with a master’s degree in business administration with a concentration in accounting.
• Opportunities will be best for jobseekers who have a master’s degree, obtain certification or licensure or who are proficient in the use of accounting and auditing computer software.
• Strong growth of accountants and auditor jobs over the 2006-16 decade is expected to result from stricter accounting and auditing regulations, along with an expanding economy.
• Increased focus on and numbers of financial crimes such as embezzlement, bribery, and securities fraud will increase the demand for forensic accountants to detect illegal financial activity by individuals, companies, and organized crime rings.