Accounting / Careers in Accounting

Careers in Accounting

A growing economy will result in more financial transactions and other activities that require recordkeeping by these workers. Additionally, the Sarbanes-Oxley Act of 2002 calls for more accuracy and transparency in the reporting of financial data for public companies, which will increase the demand. Moreover, companies will continue to outsource their bookkeeping and accounting departments to independent accounting, tax preparation, bookkeeping, and payroll services firms.

Those who can carry out a wider range of bookkeeping and accounting activities will be in greater demand than specialized clerks. Demand for full-charge bookkeepers is expected to increase, for example, because they do much of the work of accountants and perform a wider variety of financial transactions, from payroll to billing. Technological advances will continue to change the way these workers perform their daily tasks, such as using computer software programs to maintain records, but will not decrease the demand for these workers, especially in smaller establishments.

Each year, numerous jobs will become available as clerks transfer to other occupations or leave the labor force. The large size of this occupation ensures plentiful job openings, including many opportunities for temporary and part-time work.

Source: U.S. Bureau of Labor Statistics - http://www.bls.gov/oco/ocos144.htm