Wednesday, May 7, 2008

Good news for the CPA profession!

AICPA just released its 2008 Trends in the Supply of Accounting Graduates and the Demand for Public Accounting Recruits study.

Several positive and interesting trends were revealed in the study:

  • Accounting enrollments are up almost 19 percent as compared to the last survey in 2003-04. This translates to the highest accounting enrollment in almost four decades!
  • Hiring reported by CPA firms is up 83 percent from 2003.
  • Candidates sitting for the CPA exam is moving toward parity with pre-2004 levels (2004 is when the exam changed to computer-based and takers declined drastically).

To view the entire report, go to:

http://ceae.aicpa.org/Resources/Publications+Reports/2008+Trends+in+the+Supply+of+Accounting+Graduates+and+the+Demand+for+Public+Accounting+Recruits.htm

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