Westchester/Fairfield County


New Haven/Hartford County


Good News for CPAs

We have good news for CPAs. Demand is high. Even in the face of a generally poor job market, research confirms that the demand for accountants and CPAs in particular, remains healthy.

The U.S. Bureau of Labor Statistics says that employment of accountants and auditors is expected to grow faster through 2018 than for all the occupations the bureau tracks. It adds that the best prospects are for those “who have a college degree and professional certification, especially a CPA.”

Why is demand so high?

Corporate Scandals and an Increased Focus on Ethics

The intense focus on corporate accountability continues to drive demand for CPAs. Companies are expected to scrutinize every aspect of the entire accounting process, and corporate leaders — many of whom are not savvy accounts — must personally attest to the integrity of their financial statements.

The Global Economy and a Move Toward IFRS

The global marketplace today needs experts who understand everything from international business ethics to International Financial Reporting/Accounting Standards. CPAs who understand global business perspectives and regulations are extremely valuable.

Business Complexity, Big Data and Constantly Advancing Information Technology

New business models, more complex information, and evolving technology mean CPAs with solid IT skills are needed to design, integrate, and implement advanced software systems. They are also needed to serve as consultants to link technology solutions with sound business practices.

Retirements of a Large Number of CPAs in the Near Future

According to the AICPA, 75 percent of today’s CPAs will be retiring within the next 15 years. As they leave the workforce, the demand for qualified CPAs to fill the ranks will continue to increase.

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