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Are accounting jobs going away?

Are accounting jobs going away?

Accounting as a field will not disappear in the future especially due to automation. Rather, it will be transformed as parts of an accountant’s job are automated when it is cost effective to do so. Automation cannot effectively replace entire cognitive and decision-making capabilities of accountants, yet.

Is there a high demand for accountants?

Employment of accountants and auditors is projected to grow 7 percent from 2020 to 2030, about as fast as the average for all occupations. About 135,000 openings for accountants and auditors are projected each year, on average, over the decade.

Where is the highest demand for accountants?

Top 10 Cities For Accountants

  • Washington D.C.
  • Chicago.
  • Houston.
  • Atlanta.
  • Dallas-Fort Worth.
  • Boston.
  • Philadelphia.
  • Denver. Enjoy the high life in the Mile High City where accountants are in high demand and command higher salaries than most.
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What state has the highest salary for accountants?

Texas
Detailed List Of Accountant Salaries By State

Rank State Adjusted Salary
1 Texas $88,423
2 Illinois $85,687
3 Virginia $84,960
4 Michigan $83,561

Will accounting exist in the future?

Demand for Accountants in the Future According to the U.S. Bureau of Labor Statistics, jobs for accountants and auditors are projected to grow by 4\% between 2019 and 2029, which is on par with the projected average for all occupations. U.S. News & World Report ranks accountant No.

What city has the most accountants?

Boston, MA – Investopedia recently named Boston the top city in the world for a career in finance and the current home to around 50,000 accountants and auditors. The finance industry has a strong presence and there are many opportunities to work with educational institutions.

Is accounting a good career in California?

The Employment Development Department (EDD) of California has also noted an increase in the number of highly specialized accountants involved in accounting information system design and IT network auditing for systems management companies like Symantec in Mountain View.