There’s no end in sight for the job market demand for CPAs who possess the highly defined set of skills and insight needed to meet today’s tough economic and regulatory challenges. CPAs and CPA students are enjoying an "unprecedented" level of demand and the future for accountants is bright and rewarding.
News reaching from all parts of the world on the future demand for accountants is really encouraging. The future trend forecasts from two of our all time favourite destinations for employment and immigration are given below for your information and easy reference.
All indicators in the Trends report in the USA point to a higher level of demand for CPAs, and this is backed up by research from the Bureau of Labour Statistics. The BLS 2012-2013 Occupational Outlook Handbook, states that employment of CPA accountants and auditors is expected to grow by a margin, representing a 16 percent increase in jobs by 2020.
CPA Australia’s Director of Education, Ann Johns said it is crucial that the Government, universities and the profession work together to address the skill shortage. Steps must be taken to ensure that qualified migrant accountants in Australia can secure jobs in the profession in which they are qualified. Accountants, are in short supply (widespread shortage across Australia) in the Australian labour market. It is expected that in many parts of rest of the world the employment of accountants and auditors will grow by 22 percent between 2008 and 2018.