Is accounting a dying field?

Accounting is not a dying field, the role of accounting is still in demand. It is projected that employment will grow 4 percent from 2019 to 2029. Demand for accountants is closely tied to the economy, as the economy grows so will the need for accountants to prepare, reconcile, and submit financial statements.

Where are accountants most in demand?

Here are the best states for Accountants in 2020:

1. New York. Total Accountant Jobs:
2. Connecticut. Total Accountant Jobs:
3. District of Columbia. Total Accountant Jobs:
4. Rhode Island. Total Accountant Jobs:
5. Delaware. Total Accountant Jobs:
6. New Jersey. Total Accountant Jobs:
7. Massachusetts. Total Accountant Jobs:
8. Texas.

What’s the job outlook for accountants and auditors?

Job Outlook. Employment of accountants and auditors is projected to grow 10 percent from 2016 to 2026, faster than the average for all occupations. In general, employment growth of accountants and auditors is expected to be closely tied to the health of the overall economy.

How many people are working in the field of accounting?

In 2016, the government counted 1,397,700 people working in the field as auditors and accountants. By 2026 they anticipate a growth of 10 percent or 139,900 jobs, bringing total employment to 1,537,600. Over the next eight years many CPAs will retire, which is significant growth because it’s growth over and above filling jobs as CPAs retire.

Where are accounting jobs going to be in 10 years?

The career track is often through the accounting and auditing profession. The BLS estimates demand between 2016 to 2026 to increase by 19 percent vs. 10 percent for the accounting profession.

Is there a lot of job growth in accounting?

The BLS has an overall job growth projection for all occupations as 7 percent over the 2016 – 2026 period. With 10 percent growth in the accounting sector and 19 percent growth in the financial manager sector, skills within this industry are in high demand.