Growing Global Demand for CPAs
There is no end in sight for the global demand for Certified Public Accountants (CPAs) who possess the specialized skills and professional insight required to meet today’s economic and regulatory challenges. CPAs and CPA students are experiencing an unprecedented level of demand, making the future of the accountancy profession bright and rewarding.Positive employment outlooks from around the world continue to confirm the strong and sustained need for qualified accountants, especially in key destinations for employment and migration.
Employment Trends and International Opportunities
In the United States, research from the Bureau of Labor Statistics (BLS) indicates that employment of accountants and auditors was expected to grow by 16% by 2020, highlighting consistent demand for CPA-qualified professionals.In Australia, accountants remain in short supply across the labor market. Industry leaders emphasize the importance of collaboration between governments, universities, and professional bodies to address ongoing skill shortages and support qualified accountants in securing relevant employment.Globally, employment of accountants and auditors in many regions was projected to grow by 22% between 2008 and 2018, reinforcing the strong international opportunities available to CPAs.