LiveCareer News - Employers Hire Auditing Grads to Fill Retirement Gaps


Employers Hire Auditing Grads to Fill Retirement Gaps
22 May 2008
Employers are rushing to fill gaps that have been created by auditors and accountants who are retiring in droves, creating great opportunities for those who are just entering the field.

Terry Powers, a mid-life career-changer who is about to graduate with an accounting degree, told the Asbury Park Press that she has already found a job.

"I knew that accounting is a wide-open field and there is a lot of demand for accountants and auditors. I knew that the positions were out there," she said.

Statistics from the Department of Labor support Ms Powers' feelings, with predictions that employment for accountants and auditors will increase by 18% in the 10-year period ending in 2016, which is faster than the average.

Jobseekers with a master's degree or relevant certification should have the most opportunities, while a proficiency in accounting and auditing software is also very helpful. Some accounting graduates have specializations such as international business, particular industries or current legislation.

According to the most recent DOL data, median yearly earnings of accountants and auditors are $54,630, with those working in tax preparation, bookkeeping and payroll services generally earning the most. Competition for top jobs is very keen.
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