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06 Feb 2008
While most other sectors are squeezing out people as companies are pressured to downsize, accounting firms are bucking the trend.
The firms are set on hiring the same number of people – or more – as they did last year.
The US National Association of Colleges and Employers' 2008 job forecast predicted that accounting is the number one degree in demand by employers.
The Big Four have also noted that the number of undergraduate and graduate majors have continued to rise, the Wall Street Journal reported.
Ira Solomon, head of the department of accountancy at the University of Illinois at Urbana-Champaign said accounting hiring is often counter-cyclical to the strength of the economy.
'It's not the case that as the economy goes down, the demand for accountants goes down,' he said.
The number of undergraduate and graduate students who took accounting courses rose 27% in the past two years to 653 students.
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Briefings
If budgeting is to have any value at all, it needs a radical overhaul. In today's dynamic marketplace, budgeting can no longer serve as a company's only management system; it must integrate with and support dedicated strategy management systems, process improvement systems, and the like. In this paper, Professor Peter Horvath and Dr Ralf Sauter present what's wrong with the current approach to budgeting and how to fix it.
In this white paper CCH provide checklists to help accountants and finance professionals both in practice and in business examine these issues and make plans. Also includes a case study of a large commercial organisation working through the first year of mandatory iXBRL filing.
AccountancyAgeInsight is a frequently updated resource centre for finance professionals, offering a free and easy-to-use digital library of briefings, white papers and other information resources. 
Visitor comments Add your comment
ACCA in USA
Its interesting to note that we've had such a pleasant rise in demand for accountants but my real concern is how much is Acca or let's even say the part qualification in Acca(Diploma) recognised in the labour market.I mean how readily do they secure job placements in the US?
Posted by: dickson okeakpu, 02 Jul 2012 | 12:25