New Report finds Accounting and Auditing Jobs on Road to Recovery


19 January 2012
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According to a new report, professionals with accounting, auditing and bookkeeping experience on their resumes may have an easier time finding a job, as the industry is beginning to rebound from the height of the economic downturn in 2009.

The Global Industry Analyst (GIA) global outlook report found that accounting firms hit hard during the financial crisis are starting to slowly see an increase in business with service providers playing a more active role as trusted financial advisers as the market also begins to recover.

Moving forward, the report found that traditional accounting and financial providers will offer more specialized services in niche areas such as high-level diagnosis, guidance and advisory, with increased automation helping to expand the scope of work.

Firms that continue to recover include the Big Four, PricewaterhouseCoopers, Deloitte, Ernst & Young and KMPG. The report found the companies are now more invested in building markets, strengthening their global strategies and in training new employees.

GIA said it expected the U.S. market for accounting, auditing and bookkeeping services to reach $267 billion by 2015.

The Bureau of Labor Statistics reports that job opportunities for accountants and auditors are expected to grow by 22% through the end of the decade. 

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