Accounting & Auditing | Financial Planning | Leadership / Management

Hot job for the next decade? Try ‘accountant’

Thumb If you're a CPA, you can stop looking for that perfect job.

You already have it.

OK, so I'm not telling you anything you didn't already know. But now we have some independent confirmation, courtesy of the Bureau of Labor Statistics.

The number of available jobs in accounting is expected to rise by 22 percent through 2018, according to a new report from the BLS. That's almost 5 percent higher than the average for all professional occupations and equal to almost 300,000 new jobs, according to Ali Velshi.

Why the increase?

"In an increasingly complex financial world, more people are needed to keep track of more money. And when money isn't where it's supposed to be, accountants are employed trying to find it or uncover who took it," writes Velshi, CNN's chief business correspondent. "Accountants, however, don't just keep the books; they also advise companies on the best ways to deploy their cash.

"Accountants also play a big role in my favorite economic trend, globalization," Velshi adds. "A flatter, more financially intertwined world means greater demand for expertise in international trade and mergers-and-acquisitions rules."

Put another way, as the MACPA's own Skip Falatko told the Baltimore Business Journal: “At the end of the day, people need CPAs to make sense of the numbers."

A slew of new opportunities will arise for CPAs as organizations try to make sense of this new business environment, and this BLS report is evidence of that fact.

Are you ready to take advantage?


Bill Sheridan