Thursday, March 11, 2010

Employment growth for accountants

According to the Occupational Outlook Handbook 2010-2011 released by the U.S. Department of Labor’s Bureau of Labor Statistics, employment for accountants and auditors are expected to grow 22% from 2008-2018 fueled by growth in the economy, globalization, IFRS, and demand for greater financial and accounting transparency.

This is no surprise since accountants were instrumental in helping firms through last year's economic downturn. Their financial expertise and detail knowledge of their firm's financial status were needed to find ways to reduce costs, manage better cash flow, direct focus to business areas that needed attention, etc.

As the economy improves, qualified accountants are once again called upon to lead their firms through this recovery. With the anticipated market upturn, it is crucial to have capable accounting and financial professionals to make the right strategic decisions and lead your accounting and financial teams in the right direction.

These are more reasons why accounting is ranked in the top ten list of best jobs for 2010!

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