u.s. accounting graduates (1971-2022)

 

accounting graduates in the united states (1971-2022)
year bachelor’s degrees master’s degrees total graduates
1972 23,800 2,200 26,000
1973 26,300 2,700 29,000
1974 31,400 3,400 34,800
1975 35,100 4,200 39,300
1976 38,200 5,000 43,200
1977 40,400 5,600 46,000
1978 41,900 6,300 48,200
1979 43,400 7,100 50,500
1980 49,400 8,000 57,400
1981 50,300 8,400 58,700
1982 53,320 7,070 60,390
1983 50,060 5,330 55,390
1984 53,450 7,170 60,620
1985 54,200 6,800 61,000
1986 48,500 5,900 54,000
1987 48,000 5,600 54,000
1988 46,340 4,910 51,250
1989 52,500 5,230 57,730
1990 52,320 5,040 57,360
1991 53,600 5,540 59,140
1992 53,320 7,070 60,390
1993 50,060 5,330 55,390
1994 53,450 7,170 60,620
1995 53,360 7,860 61,220
1996 52,030 7,630 59,660
1997 41,852 6,190 48,042
1998 39,433 5,923 45,356
1999 41,170 6,725 47,895
2000 37,115 7,980 45,095
2001 34,751 6,622 41,373
2002 34,719 7,340 42,059
2003 36,324 8,458 44,782
2004 38,804 10,008 48,812
2005 41,208 11,357 52,565
2006 43,689 12,247 55,936
2007 46,337 12,931 59,268
2008 47,864 13,842 61,702
2009 50,803 15,303 66,106
2010 55,002 17,426 72,428
2011 56,129 19,956 76,085
2012 57,483 20,865 78,348
2013 56,650 21,952 78,602
2014 55,734 22,403 78,137
2015 56,397 22,777 79,174
2016 56,715 23,139 79,854
2017 55,963 22,949 78,912
2018 55,377 23,141 78,518
2019 53,991 22,323 76,314
2020 52,481 20,442 72,923
2021 51,031 19,484 70,515
2022 47,067 18,238 65,305

why the ‘diversity’ problem won’t be ‘fixed’

three partners, one male and two female, walking and smiling outside a buildingbut there are six steps you can take.

by 卡塔尔世界杯常规比赛时间 research

diversity. equity. inclusion.

three big words during troubling times.

more: sponsorship might keep talent from exiting | new study: embracing diversity in accounting
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accountants aren’t bigots. we can say that with confidence. they are well educated and well known as ethical and professional.
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should congress mandate presidential tax audits?

lack of audits on president trump triggers an investigation.

by 卡塔尔世界杯常规比赛时间 research

should the president and vice president of the united states be a little above the law, a little privileged, a little exempt from audits of tax returns?

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the answer would seem obvious. and while these top-level executives aren’t explicitly exempt, they do wield power over the internal revenue service, and the president signs into law bills that could affect his or her personal financial situations. and in today’s almost even split of the senate, the vice president often casts a deciding vote on such bills.
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five ways to increase audit efficiency

keep your financial statement audit off the naughty list.

by sarah timmons

timmons

sarah timmons is a chief auditor with auditclub.cpa, which provides on-demand audit and assurance review support for work papers, financial statements and engagement quality control reviews, as well as quality control and training services, and more to audit departments of cpa firms of all sizes.

as december flies by and busy season quickly approaches, it’s time to reflect on the successes and shortcomings of the past to plan for the first quarter of the new year.

more: six benefits of an internal audit | the ten financial controls that’ll make you a hero | five cash reports you can’t live without | when an audit is a great thing
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effective and efficient audits are the result of proper planning and, most of all, communications – with your staff, your client and, sometimes, your therapist.

here is a checklist of some simple tasks to help make the audit season a bit less stressful:

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talent retention: five tips for an audit adjustment

dodge the perfect storm of quiet quitting, the great resignation and busy season.

by chis vanover

vanover

chris vanover is an outspoken survivor of the big 4 and pcaob and has committed himself and auditclub.cpa to helping transform how public accounting firms deliver audit and assurance services. 

the accounting industry is facing a growth in demand but suffering a squeeze on available talent.

bloomberg tax calculates that the number of accountants and auditors employed fell 17 percent between 2019 and 2021. the shortage starts on the supply side: the number of u.s. students completing bachelor’s degrees in accounting declined from 2016 to 2020, according to the aicpa’s 2021 trends report.

more trends & outlook for 2023: the biggest change in accounting? personnel | look who’s making money now | merger minded? go out on top! |  capacity strategies drive change | who wants to be partner? not enough | private equity heats up m&a | top five trends |  compensation gets creative | cpa partners rejoice on surging fee growth | the office is over | accounting firms face up to private equity | irs hires will add pressures | consolidation brings challenges, opportunities |

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the short supply is aggravated by high turnover and growing demand. accountants have been leaving corporations and audit firms in record numbers. though it’s been expected for some time that baby boomer retirements would produce a talent crunch, the crunch has been earlier and tighter than expected because of the great resignation.
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investment brings automated data entry closer

more than 90% of accountants say they are pressured to close books faster.

by 卡塔尔世界杯常规比赛时间 research

bookkeep, an accounting automation platform, has landed a $6.6 million seed round of funding led by fin capital, with participation from existing investors ttv capital, argonautic ventures, lerer hippeau, haymaker ventures and others.

more: survey: zoom, teams top meeting choices | are you using too many monitors? or not enough? | one in four firms replaces servers by schedule | you’re probably not reading this on an ipad | 52% of firms look outside for it support | pandemic? what pandemic? | today’s top 3 problems: staffing, workflow and tech
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this round brings bookkeep’s total funding to $10 million, following a $3.3 million seed round in 2021 led by lerer hippeau. read more →

rosenberg invites partners to join comp study

results to help firms determine changes for their partner income allocation systems.

rosenberg associates and grand valley state university are conducting a research project on partner compensation, seeking insight from firms across the country with three to 20 equity partners to better understand the advantages and disadvantages of partner income allocation systems and characteristics.

the survey, running until jan. 30, takes 5-10 minutes to complete. to take the survey, start here.

“we are thrilled to work with gvsu and professor chris harper on this project. the data revealed through this study will help firms evaluate how their compensation system compares to those of their peers and determine changes they may want to make that could enhance their firm’s overall future success,” says kristen rampe, cpa, managing partner at rosenberg associates.

chris harper, cpa, gvsu school of accounting professor, adds, “studies like these help the accounting industry learn data-backed perspectives on what works and what doesn’t for small to mid-sized firms. we are excited to see what we discover about partner compensation from this research.”

the 12 big questions for 2023

accounting leaders say these are the issues firms must face.

by 卡塔尔世界杯常规比赛时间 research

as gale crosley of crosley+consulting notes in the 2022 rosenberg survey, we are in the midst of “an unusual year of high uncertainty, unpredictability and sapped energy among our profession’s leaders.”

more trends & outlook for 2023: the biggest change in accounting? personnel | look who’s making money now | merger minded? go out on top! |  capacity strategies drive change | who wants to be partner? not enough | private equity heats up m&a | top five trends |  compensation gets creative | cpa partners rejoice on surging fee growth | the office is over | accounting firms face up to private equity | irs hires will add pressures | consolidation brings challenges, opportunities |

goprocpa.comexclusively for pro members. log in here or 2022世界杯足球排名 today.

yes, indeed. the profession, once characterized as staid and stable, has been hit by a confluence of what crosley calls “four major thunderbolts,” to wit:

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outlook 2023: irs hires will add pressures

incentives will bring new opportunities.

by julio gonzales
the rosenberg map study

the current tax changes from the inflation reduction act include 87,000 irs hires to bolster tax return audits for small business.

more: outlook 2023: look who’s making money now | outlook 2023: capacity strategies drive change | outlook 2023: top five trends | outlook 2023: compensation gets creative | outlook 2023: the office is over | 2023 outlook: accounting firms face up to private equity
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i believe the additional irs agents will create significant pressure on accounting firms to increase staff and costs associated with client audits. this will create pressures to take advantage of tax credits and incentives, but firms must do this with third-party providers with impeccable reputations.

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outlook: the biggest change in accounting? personnel

four ways to address the talent shortage.

by 卡塔尔世界杯常规比赛时间 research
the rosenberg map survey: national study of cpa firm statistics

the accounting industry has just begun to make its most radical change.

  • it isn’t the tech.
  • it isn’t the shift to advisory services.
  • it isn’t the remote offices.
  • it isn’t the mergers and acquisitions.

it’s all those things, plus what they all add up to: personnel.

more: four accountability steps for firm success | how to build a standout team | five keys to becoming a high-performing firm | assessing your firm | the 4 traits of great cpa leaders | why leaders must ensure clarity | incremental vs. exceptional success
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the industry has been suffering a shortage of professionals for many years now. decades. everybody talks about it, but nobody is doing much about it … until now. and, according to charles hylan’s foreword to the 2022 rosenberg survey, the solution is a combination of several significant changes.

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top trends ’23: look who’s making money now

partners’ percentages surge substantially.

by 卡塔尔世界杯常规比赛时间 research
the rosenberg map study

financially, it’s been a good year for accountants – especially at the partner level.

more: outlook 2023: compensation gets creative | what new leaders want in ownership | getting partners to accept a new pricing philosophy | survey results: partners rejoice on surging fee growth | headcounts grow 5%; pay rates surge at 7% pace | fourteen rules for lateral partner hires

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revenues are up. the income per partner (ipp) is up. profitability is up. firms that qualify as “elite” are more elite than ever. and, yes, size matters.

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accounting staffs grow 4%; pay rates surge 8%

weaker signs in tax and payroll.

by 卡塔尔世界杯常规比赛时间 research

it’s not a bad time to be an accountant.

the accounting sector is charting stable, predictable expansion in an uncertain economic environment, with some signs of weakness in tax prep and at payroll agencies, according to a new 卡塔尔世界杯常规比赛时间 study.

more: headcounts grow 5%; pay rates surge at 7% pace | cpa staff wages hit new high and keep climbing | firms battle staff shortages with pay hikes | tax & accounting firms beef up wages and headcounts | employee counts, earnings rise
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we report here on the accounting profession as a whole as well as:

  • cpa firms
  • tax preparation services
  • payroll services
  • bookkeeping
  • women

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