CHARTS & GRAPHS

Accounting Industry Extends Two-Year Growth Trend

But CPAs lag behind non-CPAs.

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By Rick Telberg
CPA Trendlines

Screen Shot 2013-08-06 at 7.34.21 PMThe tax and accounting industry is extending a two-year expansion by adding 2,500 new jobs in the latest month, according to CPA Trendlines research.

In this report:

  • Employment trends for the public accounting, bookkeeping, tax and payroll sector of the economy.
  • Licensed CPA firms are lagging in growth behind non-CPA accounting providers.
  • Employees book more hours.
  • But wage growth gets cut back.
  • More jobs and better pay for higher-paid positions and for men; fewer new jobs and smaller pay increases for women and production workers.
  • CPA firms add to headcounts more slowly than non-CPA firms, grant lower pay increases, and hire back fewer women.