Despite the economic turbulence being experienced across the United States and indeed the world, accounting remains one of the careers with high demand for qualified graduates. Kim Graviette of HC Career Services said the sector had maintained its demand for new recruits, alongside other careers that perennially remain secure in an unstable economy such as healthcare and teaching. According to the US Department of Labor, much of the sustained growth in accounting is down to expansion of the business sector, the introduction of new financial laws and regulations, and the stricter scrutiny of corporate finances in the wake of the scandals such as the collapse of Enron and WorldCom. Entering a career in accounting usually requires a bachelor's degree in a related field, although job opportunities are expected to be better for those with a master's qualification, it added. In 2006, there were 1.3 million accountants and auditors in the United States. Between 2006 and 2016, the DOL said, the sector will grow by 18% - adding some 226,000 new posts. Average earnings for accountants in May 2006 were $54,630.  |