Given the employment numbers floating around, any job has to be considered a good job these days.
Still, CPAs have to feel pretty good about the latest praise being thrown their way.
It comes from CNNMoney, which recently released its list of the 50 best jobs in America. Coming in at No. 6 were certified public accountants.
"Businesses began stocking the payroll with CPAs after major accounting scandals earlier this decade, and a host of new corporate accounting rules going into effect soon should ratchet up demand further," CNNMoney writes. "Government agencies are also hiring CPAs to monitor how well companies are complying with the new regs. Add inevitable changes to personal income tax rules and you have a pretty recession-proof profession."
Meanwhile, finance directors came in at No. 29 and senior internal auditors at No. 41. Finance directors placed seventh in salary and personal financial advisors were listed third in terms of job growth.
Check out the complete list, then tell us: Do CPAs deserve that lofty ranking ... or an even higher one?
A number six ranking is well-deserved. Being a CPA is a great job. There is plenty of diversity, challenge, and good pay. Accounting is a skill set that is always in demand. There is a risk/reward factor at play, though. There is a lower risk of unemployment, but a higher risk that your entrepreneur or marketing neighbor will surpass what you make. In general, CPAs are, by nature, OK with that.
Posted by: Mike Campbell | October 10, 2009 at 09:32 AM
I think the CPA profession does deserve that distinction, however, as a profession I think we are sometimes misunderstood. Not many truly understand what it is we do and the good and bad of that means we get to wear multiple hats. I've found that to be true especially in a small to medium size business.
Posted by: Stephanie | October 12, 2009 at 04:54 PM
Absolutely, i second that! well deserved for a great profession. Although the fight is really with the policies and standards. Those should not be left unattended and we should adopt a single standard policy.
Posted by: CPA Courses | October 14, 2009 at 05:58 AM