- Starting salaries for accounting graduates with a master’s degree are 10-20% higher than those with only undergraduate degrees (AICPA 2011).
- In 2010, 37% of new hires by CPA firms held a master’s degree; up from 26% in 2008 and 14% in 2000 (AICPA 2011).
- New hires by CPA firms without a master’s degree fell from 56% in 2008 to 40% in 2010 (AICPA 2011).
- From 2008 – 2018, accounting employment positions are expected to increase 22% (U.S. Bureau of Labor Statistics).
SECURE YOUR FUTURE WITH AN ONLINE aMACC DEGREE
Accountants as managers and leaders make strategic use of information that is mission critical. Accounting is in transition, moving further away from a procedural focus on financial information toward a strategic approach to facilitate the overall success of the organization. A principal motivation for the change in accounting is the evolution of organizations and business processes in response to increased competition, both global and domestic. These changes include a renewed focus on aggressive management of resources, outsourcing, downsizing and reengineering, and increased use of information technologies, among others. The accountant is no longer a reporter and analyzer of financial facts, but a trusted, valued and innovative member of the leadership team.