Studying Accounting in Hawaii


Hawaii's economy is heavily dependent on tourism - tourists come primarily from the mainland U.S. and from Japan. Despite global economic troubles, the state's economy has been growing at a modest 1.5 percent a year and unemployment is the second lowest in the country at 2.7% as of March 2017. Hawaii's Department of Labor and Industrial Relations' long-term outlook for the accounting profession predicts 8.3 percent growth in jobs from 5,230 in 2014 to 5,660 by 2024.

Besides tourism, Hawaii's major industries are agricultural - pineapple growing and processing, macadamia nuts and coffee. Health care is a growing sector; four of the top-earning companies in the state are hospitals, including Hawaii Pacific Health and Queens Health, or health insurance (for example, Kaiser Permanente Hawaii and Hawaii Medical Services Association) companies. Hawaii's business and professional services sector is relatively small compared to other states. Several large certified public accountant (CPA) firms, notably Grant Thornton and PricewaterhouseCoopers, have closed their Hawaii offices. However, Deloitte, KPMG and Ernst & Young remain. Local firms include Accuity, LLP and KMH, LLP.

Accountants in Hawaii are third on the list of the hot 20 demand occupations in the state according to the Hawaii Department of Labor & Industrial Relations. The US Bureau of Labor Statistics reported that accountants in Hawaii earn an average income of $61,760 as of 2016. Salary.com presents the median income among accountant IV level professionals in Honolulu as $91,775. 

The CPA licensure process in Hawaii differs from the process in other states. You must have a bachelor's degree from an institution with accreditation that is acceptable to the Hawaii Board of Accountancy. You must have 150 semester hours, with 24 of them in advanced accounting classes and 24 in general business courses. You will have to pass the CPA exam as well as the ethics exam. However, you may be able to transfer your certification from another state - in this case, taking the Hawaii exams is not mandatory. You must have two years or 1,500 hours of work experience documented by a CPA in public accounting.

The Hawaii Society of Certified Public Accountants (http://www.hscpa.org/) can keep you plugged into local and national issues, networking events and continuing education opportunities. If you are a certified management accountant (CMA), the Hawaii Chapter (http://www.hawaii.imanet.org/) of the Institute for Management Accountants offers events, issue advocacy and continuing education.

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FEATURED ONLINE MASTER OF SCIENCE IN ACCOUNTING PROGRAMS

More accountants and business professionals in Hawaii are turning to master's programs to earn the 150 semester hours required for a CPA license, or just as a way to advance their knowledge in specialized areas of accounting.

The MS in Accounting through Syracuse University's Whitman School of Management is designed to build upon undergraduate education in a wide variety of majors. Whether you're a CPA license candidate looking to complete those last 30 semester hours, or a business professional looking to expand your career options, Syracuse University's master's in accounting is a perfect fit.

13 Schools Offering Accounting Degree Programs:


Argosy University (Honolulu, HI)
Levels Offered:

Programs Offered:
DBA - Accounting
(some programs offered online)
Brigham Young University-Hawaii (Laie, HI)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Science in Accounting
Bachelor of Science in Accounting - Corporate Finance
Bachelor of Science in Accounting - Investment Finance
Chaminade University of Honolulu (Honolulu, HI)
Levels Offered:
Bachelors Degree, Masters Degree, MBA Degree
Programs Offered:
Bachelor of Science in Accounting
Master of Business Administration - Accounting
Hawaii Community College (Hilo, HI)
Levels Offered:
Associate Degree
Programs Offered:
Associate of Applied Science in Accounting
Hawaii Pacific University (Honolulu, HI)
Levels Offered:
Associate Degree, Bachelors Degree, Masters Degree, MBA Degree
Programs Offered:
Associate of Science in Accounting
Bachelor of Science in Business Administration - Accounting
Master of Business Administration - Accounting
Kapiolani Community College (Honolulu, HI)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Achievement Certificate in Accounting
Associate of Science in Accounting
Kauai Community College (Lihue, HI)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Accounting
Leeward Community College (Pearl City, HI)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Science in Accounting
Certificate in Achievement in Accounting
Certificate in Completion in Small Business Accounting
Maui Community College (Kahului, HI)
Levels Offered:
Associate Degree, Certificate
Programs Offered:
Associate of Applied Science in Accounting
Certificate in Achievement in Accounting
University of Hawaii at Hilo (Hilo, HI)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Bachelor of Business Administration - Double Majors in General Management and Accounting
University of Hawaii at Manoa (Honolulu, HI)
Levels Offered:
Bachelors Degree, Doctoral Degree, Masters Degree, MACC Degree
Programs Offered:
Bachelor of Business Administration - Accounting
Doctor of Philosophy in International Accounting
Master of Accounting
University of Hawaii-West Oahu (Pearl City, HI)
Levels Offered:
Bachelors Degree
Programs Offered:
Bachelor of Arts in Business Administration - Accounting
University of Phoenix (Honolulu, HI / Kapolei, HI / Mililani, HI)
Levels Offered:
Associate Degree, Bachelors Degree, Masters Degree, MACC Degree, MBA Degree
Programs Offered:
AA - Accounting
BS - Accounting
BS - Business/Accounting
MBA - Accounting
MS - Accountancy
(some programs offered online)

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