Enrollment in accounting programs reached a record high in the 2013-14 academic year of 250,000, according to the American Institute of CPAs. 2013-14 was a year of rapid growth, the AICPA said, with a 19 percent increase in master’s degree enrollments and a 3 percent rise in bachelor’s degree enrollments.
The findings were contained in the AICPA’s “2015 Trends in the Supply of Accounting Graduates & Demand for Public Accounting Recruits” report, released in August.
Accounting firms hired a record number of accounting graduates in 2014, a 7 percent increase compared with the previous survey.
“Universities and firms are both optimistic about the growth of the profession,” the report said. “Larger firms are especially optimistic about future hiring with all large firms employing over 200 CPAs forecasting the same or more new hires in every area next year.”
Source: American Institute of CPAs
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