Fall 2007 issue of Horizons

knowledge. commitment. value. CERTIFIED PUBLIC ACCOUNTANTS AND BUSINESS CONSULTANTS

Employers in the finance, insurance and real estate markets are reporting their most optimistic outlook since the second quarter of 2005. For these industries, the needs will be great, both in temporary and permanent staffing. Accounting management and auditing professionals rank No. 4 out of the 50 hottest fields, with ITprofessionals being in the fastest growing area. Employment of accountants and auditors is expected to grow faster than average for all occupations through the year 2014 in permanent as well as temporary staffing. An increase in the number of businesses, changing financial laws and regulations, and increased scrutiny of company finances will drive growth. In addition to openings resulting from growth, the need to replace accountants and auditors who retire or transfer to other occupations will produce numerous job openings. As the economy grows, the number of business establishments will increase, requiring more accountants and auditors to set up books, prepare taxes and provide management advice. As these businesses grow, the volume and complexity of information developed by accountants and auditors regarding costs, expenditures and taxes will increase as well. An increased need for accountants and auditors will arise from changes in legislation related to taxes, financial reporting standards, business investments, mergers and other financial events. After most states instituted the 150-hour rule for CPAs, enrollment in accounting programs declined; however, enrollment is slowly beginning to grow again as more students become attracted to the profession. Those who earn a CPA should have excellent job prospects. In addition to the CPA, many accounting graduates are pursuing other certifications, such as the CMA and CIA, to broaden their skills and enhance their ability to find jobs in many diverse fields. Regardless of specialty, accountants and auditors who have earned professional recognition through certification or licensure should have the best job prospects. Applicants with a master’s degree in accounting, or a master’s degree in business administration with a concentration in accounting, also will have an advantage. In the aftermath of the accounting scandals, professional certification is even more important in order to ensure that accountants’ credentials and ethics are sound.

Remember, if you need a temporary worker for a short assignment, temp-to-hire or permanent staffing, please call us at either 314-878-5522 or 636-530-3636, and our recruiting managers will be glad to assist you with your temporary staffing or permanent placement needs. ABACUS Executive Recruiting specializes in executive accounting and business management placement. RBGStaffing specializes in temporary and permanent financial staffing.

Questions? Contact Tamara Vasquez President, ABACUS Executive Recruiting and RBGStaffing 636-530-3636 tamara.vazquez@rubinbrown.com

More companies are using temporaries as a “try out” for a permanent position. Of our most recent placements, approximately 40 percent were “temp to permanent” situations.

10 u winter 2007 issue