Accounting happens no matter what the state of the economy is. In fact, many companies consult their accountants for advice on how to cut cost and conduct business during economic downturns.
SOX, IFRS, and other regulatory compliance are expected to increase demand for qualified accountants while the looming retirement of baby boomers and lower turnover among current accountants are expected to create a shortage in supply.
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Despite layoffs, accounting shortages continue
Accountant jobs hold steady
Accounting and tax services firms have had a good year