It’s already proven that forensic accounting HAS established a large growth in response to the failures that inspired SOX and will continue to do so with this latest round of financial disaster. So we can expect to see a larger growth in the coming years…

The transition to IFRS will also open up the industry for specialists (especially foreign-based) who have experience in that area.

Our industry (CPA exam review) has seen tremendous growth as mortgage and finance professionals with some accounting experience from their college days abandon their chosen professions in favor of something more stable like accounting. I imagine state boards will start to become overwhelmed with applicants in the coming years as the financial climate worsens because CPAs are *always* in demand and always needed.

Anyway, thank you for sharing this!