Accountant facts & stats

Question 1

The US government projects accountant and auditor employment will grow by about what rate over the next decade?

Accepted Answer

about 5%. That's described as faster than the average for all US occupations.

Question 2

About how many job openings for accountants and auditors are projected each year over the coming decade, mostly from retirements and turnover?

Accepted Answer

about 115,300 per year. Most of these openings come from people leaving the occupation rather than brand-new positions being created.

Question 3

The Institute of Chartered Accountants of Scotland, the world's first professional body of accountants, received its Royal Charter in what year?

Accepted Answer

1854. It's recognized as the oldest professional accounting body in the world.

Question 4

Canada's national CA and CGA accounting bodies were created by Acts of Parliament in 1902 and what other year?

Accepted Answer

1913. These were among the early professional bodies that helped formalize accounting as a licensed profession.

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