A profession that most people still consider “boring” is currently experiencing a real boom.
There is still a critical shortage of qualified accountants. The issue is structural rather than temporary. The number of candidates sitting the CPA exam is declining in many regions, while experienced professionals are retiring in large numbers. At the same time, demand continues to grow due to increasing regulatory complexity, rising demand for advisory services, and ongoing technological transformation.
Why traditional qualifications no longer work as they used to
Accounting education obtained 10–15 years ago was built on different reporting standards, different processes, and a lower level of digitalisation. The market has changed, but many professionals’ qualifications have remained where they were.
The career profile is clear: a shift towards advisory work, analytics, and complex tasks requiring professional judgement. This means that basic knowledge is no longer sufficient — up-to-date, validated competencies are required.
What is happening with salaries
Salaries for professionals in tax, audit, and assurance roles are expected to grow by 3.7% year on year — faster than the 2.1% average across the wider finance and accounting sector.
The gap between base salaries and top earners reaches nearly $60,000, highlighting the importance of specialisation and proven expertise.
What this means for your career
If your education or certification was obtained many years ago, it may be worth updating your knowledge and validating it to a modern standard. ACPM programmes with a focus on IFRS, financial analysis, and management accounting provide the up-to-date foundation that employers are currently looking for. An international diploma can become a strong argument for better opportunities and higher pay.
Sources
Robert Half Salary Guide 2026 · Careery.pro · The Richmond Group USA
