Accounting Degree Overview for Nevada
Nevada offers a prime location with a much lower cost of living than nearby California. Projections show a steady increase in the state's population between 2020-2030. A growing population requires skilled laborers, including those that practice accounting.
Accountants in Nevada enjoy strong salaries and job growth projections. According to the Bureau of Labor Statistics (BLS), 8,140 accountants and auditors work in Nevada. They earn a mean annual wage of $68,030. The BLS reports even more accounting clerk positions, with 11,320 bookkeeping, accounting, and auditing clerks.
This guide covers important information for students considering accounting degrees in Nevada, including types of degrees, potential schools, and career and salary data for graduates.
Nevada at a Glance
|Per Capita Income||$31,604|
|Fortune 500 Companies||9|
|Number of Higher Learning Institutions||26|
Average Annual Temperature: 49.9℉
Annual Precipitation: 9.5 inches
|Major Sports Teams||Las Vegas Golden Knights, Las Vegas Raiders|
|Accountants in Nevada||8,140|
Top Nevada Schools for Accounting
- University of Nevada-Reno
- University of Nevada-Las Vegas
- Great Basin College
- Truckee Meadows Community College
- Western Nevada College
Why Go to College for Accounting in Nevada?
In 2014, nearly 64,500 students studied at an institution of higher education in Nevada. That same year, Nevada reported a graduation rate of 45%, which is lower than the national average of 57.7% but higher than similarly populous states, like Arkansas and Utah.
The state hosts seven higher education institutions. Most students enroll in Nevada's three largest state schools: the College of Southern Nevada, the University of Nevada Reno, and the University of Nevada Las Vegas.
In-state residents who attend these schools may qualify for Nevada's Millennium Scholarship, a state program created to make higher education more affordable. According to the College Board, Nevada ranks as the seventh-most affordable state for in-state tuition and fees. The Millennium Scholarship pushes these costs even lower.
Education Statistics for Nevada
A large, sparsely populated state, Nevada offers few two- and four-year colleges. However, the state does host a large portion of distance learners, with nearly 40% of all students studying at least partially online. Additionally, Nevada's higher education comes at a lower per-student cost than the national average.
|Nevada Data||National Data|
|Number of Four-Year Colleges||17||3,004|
|Number of Two-Year Colleges||9||1,579|
|Percentage of Students Enrolled in Distance Education||39.1%||34.7%|
|Postsecondary Education Appropriations per Full-Time Student||$8,179||$8,196|
|Percent of Tax Revenue Allocated to Higher Education||4.3%||5.8%|
|Percentage of Adults Over 25 With an Associate Degree||8.2%||8.4%|
|Percentage of Adults Over 25 With a Bachelor's Degree||15.9%||19.4%|
|Percentage of Adults Over 25 With a Graduate Degree or Higher||8.4%||12.1%|
Accreditation for Nevada Schools
When researching different schools and accounting programs, students should always consider accreditation. Accreditation means a school or program officially meets standards created by an accrediting body.
Colleges and universities can receive either national or regional accreditation. While both demonstrate academic quality, regional accreditation supersedes national accreditation. In some instances, employers and graduate schools do not accept applicants from a nationally accredited school. In Nevada, schools receive regional accreditation from the Northwest Commission on Colleges and Universities.
Some accounting programs, particularly those at the graduate level, also receive programmatic accreditation. The top accrediting institution for accounting programs is the Association to Advance Collegiate Schools of Businesses.
Considerations for an Accounting Degree in Nevada
When considering an accounting degree in Nevada, students should consider factors like tuition rates, program outcomes, graduation rates, concentrations, and delivery format. The following section breaks down these and other factors in detail.
Accounting Degree Levels
Learners interested in accounting must decide what level of education they need to reach their vocational goals. The main levels of accounting degrees include:
- Associate Degree in Accounting
An associate degree in accounting provides a basic level of accounting education and prepares graduates for entry-level accounting clerk positions.
- Bachelor's Degree in Accounting
A four-year degree in accounting leads to entry-level accountant positions.
- Master's Degree in Accounting
Master's in accounting graduates can pursue leadership roles in accounting. They also possess the 150 college credits needed to qualify for certified public accountant (CPA) credentials.
- Ph.D. in Accounting
A Ph.D. in accounting teaches expert-level accounting theory and prepares graduates to work as professors of accounting.
Accounting Concentration Options
Concentrations help graduates learn important skills for specific industries and prepare students to continue their education. Accounting concentrations vary by school, but the following concentrations are common among accounting programs.
An information systems concentration blends accounting with tech, teaching students important financial software and industry skills. This concentration prepares graduates to work in areas like cost accounting, fraud investigation, and internal auditing.
International tax concentrations examine taxation laws surrounding businesses with an international presence. Typically offered at the master's level, students concentrating in international tax often pursue positions in tax consulting, accounting management, and compliance.
On-Campus Versus Online Program Options
With nearly 40% of students in Nevada studying at least partially online, accounting students in the state enjoy numerous choices when considering program delivery. The following list outlines the three main types of program delivery formats.
|Enrolled Exclusively in Distance Education Courses||Enrolled in Some but Not All Distance Education Courses||Not Enrolled in Any Distance Education Courses|
|United States Students||16.3%||18.4%||65.3%|
Paying for Your Accounting Degree
Cost is often a critical factor when considering educational goals. Fortunately, Nevada ranks among the most affordable states in the nation for earning a degree. The average costs for an in-state, out-of-state, and private four-year degrees in the state all rank lower than the national average.
|Average In-State Tuition and Fees (Public Four-Year)||$5,920||$9,037|
|Average Out-of-State Tuition and Fees (Public Four-Year)||$21,176||$25,657|
|Average Tuition and Fees (Private Four-Year)||$23,261||$30,731|
|Average In-State Tuition and Fees (Public Two-Year)||$3,075||$3,243|
|Average Out-of-State Tuition and Fees (Public Two-Year)||$9,853||$7,971|
In-State Versus Out-of-State Tuition
Residents of Nevada gain access to in-state tuition at all public colleges and universities. In-state tuition costs much less than out-of-state tuition, with the College Board estimating that out-of-state students pay nearly three times as much as in-state students.
Fortunately, many out-of-state students can receive a reduced tuition rate. The Western Undergraduate Exchange (WUE), offered through the Western Interstate Commission for Higher Education (WICHE), extends a tuition discount to students from California, Alaska, Hawaii, Oregon, Washington, Montana, Idaho, Wyoming, Colorado, Utah, Arizona, New Mexico, North Dakota, South Dakota, and the Northern Mariana Islands. As a member of WICHE, Nevada residents also gain access to WUE.
Nevada's Cost of Living
When considering the cost of education, students should research Nevada's cost of living, including housing, utility, grocery, and transportation costs. According to the World Population Review, Nevada scores 108.5 on the cost index, indicating that the cost of living in Nevada ranks slightly higher than the national average. However, cost of living also varies by area within Nevada.
Other School Selection Criteria
Program concentrations, cost, and format should play a critical role in determining the best school for your needs. In addition to those factors, other school selection criteria include:
EXPLORE OUR RANKINGS FOR THE BEST ACCOUNTING PROGRAMS AT EACH LEVEL
Careers for Accounting Graduates in Nevada
Nevada hosts major accounting firms and agencies, and accountants in Nevada find employment in various industries. For example, the gaming industry, one of the largest industries in Nevada, requires skilled accountants.
According to the BLS, the Reno and Las Vegas-Henderson areas host nearly 95% of all accountants in Nevada. Prospective accountants can anticipate finding a position in one of those two areas.
Select Accounting Careers in Nevada
CPAs perform various accounting duties, including preparing financial documents, analyzing records, and preparing tax documents for clients. A CPA usually works for an accounting firm, though some work directly for a business or independently through a private practice. Nevada's growing number of professionals require skilled accountants.
Job Outlook in Nevada: +23.6% (2016-26)
- Financial Analyst
Financial analysts review financial statements to determine whether current practices align with long-term strategies and goals. These professionals also create financial models, with considerations for both the short and long term.
Job Outlook in Nevada: +21.9% (2016-26)
- Cost Accountant
Like public accountants, cost accountants review and manage financial statements, but they emphasize expenditures, operating costs, and adherence to budgets. A cost accountant's daily tasks vary depending on the business, though many work with other accountants and finance professionals to analyze statements.
Job Outlook in Nevada: +23.6% (2016-26)
Nevada Employment Trends
Projected Job Growth for Accountants
Bookkeeping and auditing clerks enjoy the highest levels of employment among all accounting professionals in Nevada, although these professionals earn a slightly lower annual wage than the national average. In fact, according to the BLS, only three accounting professions in Nevada enjoy a higher mean wage than the national average: credit counselors, cost estimators, and personal financial advisors.
Credit counselors earn a mean annual wage of $57,940 and require less education than most other accounting positions. However, only 100 credit counselors work in Nevada, making it a highly competitive field.
Those willing to earn a graduate-level accounting degree should consider becoming a personal finance advisor. These professionals earn a mean annual wage over $20,000 higher than the national average
Nevada Requirements for Certified Public Accountants
Many accountants become CPAs to increase their potential wages and employability. CPA requirements vary by state, so prospective CPAs should research the requirements in the state where they plan to practice. The following list outlines the CPA requirements in Nevada.
To become CPA eligible in Nevada, accountants must:
- Complete a 120-credit-hour accounting degree OR a bachelor's degree with at least 21 semester credits in accounting.
- Earn an additional 30 post-bachelor's semester hours in accounting, such as a master's degree in accounting.
- Participate in an international examination program.
- Complete two years of full-time employment with a public accounting firm OR complete four years of full-time employment in a government public accounting position.
- Pass the CPA exam within the past three years.
- Submit Social Security number and information to Nevada.
Frequently Asked Questions
- Is accounting a good career in Nevada?
- Accountants in Nevada earn a slightly lower average income than the national average. However, Nevada boasts decent employment rates, and the state's growing population requires more skilled experts in all fields, including accounting.
- How much do accountants earn in Nevada?
- The BLS reports that accountants and auditors in Nevada earn an annual mean wage of $68,030. The Reno area pays an annual mean wage of $69,680, the highest rate of any area in Nevada.
- What accounting jobs are there in Nevada?
- Bookkeeping, accounting, and auditing clerks make up the largest portion of accountants in Nevada, followed closely by accountants and auditors. Specific accounting careers in Nevada include CPA, tax attorney, and IRS agent.
- Can I get an accounting degree in Nevada?
- Students in Nevada can earn an associate, bachelor's, master's, and Ph.D. in accounting. Some schools only offer some of these options, so students should pick a school based on their desired education level.
- Does Nevada have online accounting programs?
- Yes, students can complete their accounting degree either entirely online or in a hybrid format in Nevada. However, some schools do not offer any type of online option.
Nevada Accounting and Education Organizations
- Nevada Society of Certified Public Accountants Founded in 1947, the Nevada Society of Certified Public Accountants offers educational opportunities to current professionals and advocates for Nevada accountants. NVCPA also offers scholarships to accounting students.
- Beta Alpha Psi A nationwide society with over 300 college and university chapters, Beta Alpha Psi promotes academic and professional development for financial professionals. Beta Alpha Psi has multiple chapters in Nevada at different colleges and universities.
- Nevada Business Education Association An organization for both accounting students and professionals, the Nevada Business Education Association organizes networking events and conferences for those involved in accounting. The organization also offers an annual scholarship to business students.
- Nevada State Board of Accountancy The Nevada State Board of Accountancy handles all licensing and registration for accountants. Professionals can access continuing education opportunities and various applications through the board's website.
Accounting Programs in Nevada
Nevada offers accounting programs at every educational level. This list of the best accounting schools in Nevada only includes regionally accredited schools, with rankings based on numerous factors that students find important.
- Degree Levels