...Brandon Michael Dr. Rexer Auditing November 24, 2013 Supply and Demand for Accounting Talent at Record Levels Every year more and more high school graduates are making the choice to go to college and pursue a college degree. With the economy in the United States struggling in recent years it has gotten increasingly difficult for college graduates to find jobs. Because of this struggle, students are constantly told to choose a career path in a field where it is easier to find a job. Luckily for those students who choose the accounting field, this is not a problem. A recent study examining the supply and demand trends in the accounting field shows that the accounting profession is thriving. The accounting profession set all-time highs in college enrollments, degrees awarded, and the demand for new accounting graduates last year. According to a survey given by the AICPA, 40,350 new accounting graduates were hired last year, with 23,793 of them having bachelor’s degrees and 16,557 having master’s degrees. Previously the record high was just over 36,000 in 2007, but after the recession hiring got a boost. In 2011-2012 61,334 bachelor’s degrees were awarded, with 23,793 of those graduates being hired and another 20,843 of them going on to further their education pursuing a master’s degree. Not only does this study show how many graduates were hired, but it also says that 89% of public accounting firms will hire the same number of graduates the following year. This...
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...Table of Contents Introduction 4 Objectives 6 Literature Review 7 Framework 9 Data Analysis 14 Qualitative Analysis 14 Qualitative Analysis 16 Research Methodology 17 Conclusion 20 Bibliography 21 APPENDIX – I APPENDIX – II APPENDIX – III APPENDIX – IV APPENDIX - V Introduction Predictive analytics has its origin from a famous saying: Past performance is the basic indicator of future results. It looks at historical cases and builds models which can then be applied to benefit present scenarios or predict future scenarios. Predictive Analytics is the best way for a business to predict customer responses in the future. It provides solutions for businesses facing main problems like ‘What segment of potential consumers will respond best to our message’ and ‘how can I stop my customers from leaving, and why am I losing them?’(Curtis, 2010). Predictive analytics is not just for providing a solution for a business problem but involves techniques mainly to improve the focus of company towards customers and customers towards company. The magnificence of predictive analytics is that a business characteristically perceives a win-win situation. In other words, a business not only benefits from higher returns but also gets to save on cost (Colin, 2009). Predictive analytics is becoming a competitive necessity and an important aspect of many types of business, particularly in this type of economy where an organization is trying to increase its efficiency and at...
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