this report provides a comprehensive analysis of employment and salary trends for accountants and auditors from 2012 to 2031, including national employment trends, salary progression, and geographic distribution of jobs and salaries. the report also identifies top states for employment and salary, highlighting trends and projections for the future. appendices include top ten lists and frequently asked questions to provide additional context and insights.<\/p>\n<\/div>\n
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current population of cpas<\/strong><\/p>\n\n- as of 2024, there were 671,855 actively licensed certified public accountants (cpas) in the united states. this number is based on the accountancy licensee database (ald), a national database of cpas aggregating data from 52 of the 55 cpa licensing jurisdictions. \u00a0<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
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employment trends:<\/strong><\/p>\n\n- steady growth in employment of accountants and auditors from 2012 to 2031, with a cagr of approximately 1.07 percent.<\/li>\n
- employment dipped in 2020 due to the covid-19 pandemic but is projected to recover and continue growing.<\/li>\n<\/ul>\n
salary trends:<\/strong><\/p>\n\n- the median annual salary for accountants and auditors has been consistently upward, with a cagr of approximately 1.86 percent.<\/li>\n
- salary growth outpaces employment growth, indicating the increasing value of accounting and auditing skills.<\/li>\n<\/ul>\n
geographic analysis:<\/strong><\/p>\n\n- top employment states:<\/strong> california, new york, texas, florida, and pennsylvania.<\/li>\n
- highest job concentration:<\/strong> district of columbia, followed by south dakota, rhode island, new york, and virginia.<\/li>\n
- top paying states:<\/strong> new york, district of columbia, new jersey, california, and massachusetts.<\/li>\n<\/ul>\n
job outlook:<\/strong><\/p>\n\n- projected employment growth of 6% from 2021 to 2031, driven by globalization, economic growth, and complex tax and regulatory environments.<\/li>\n<\/ul>\n
salary information:<\/strong><\/p>\n\n- median annual salary $77,250, with the lowest 10% earning less than $47,970 and the highest 10% earning more than $128,970.<\/li>\n<\/ul>\n
education and certification:<\/strong><\/p>\n\n- a bachelor\u2019s degree in accounting or a related field is typically required; a master\u2019s degree is preferred by some employers.<\/li>\n
- common certifications include cpa, cma, and cia, which enhance job prospects and potential earnings.<\/li>\n<\/ul>\n
skills and qualities:<\/strong><\/p>\n\n- analytical skills, attention to detail, mathematical proficiency, communication, and organizational skills are crucial.<\/li>\n<\/ul>\n
related occupations:<\/strong><\/p>\n\n- financial analysts, budget analysts, financial managers, and personal financial advisors share similar skill sets and job functions.<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n