Accountants and Auditors
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Automation risk
High Risk (61-80%): Jobs in this category face a significant threat from automation, as many of their tasks can be easily automated using current or near-future technologies.
More information on what this score is, and how it is calculated is available here.
User poll
Our visitors have voted that it's probable this occupation will be automated. This assessment is further supported by the calculated automation risk level, which estimates 71% chance of automation.
What do you think the risk of automation is?
What is the likelihood that Accountants and Auditors will be replaced by robots or artificial intelligence within the next 20 years?
Sentiment
The following graph(s) are included wherever there is a substantial amount of votes to render meaningful data. These visual representations display user poll results over time, providing a significant indication of sentiment trends.
Sentiment over time (quarterly)
Sentiment over time (yearly)
Growth
The number of 'Accountants and Auditors' job openings is expected to rise 5.6% by 2031
Total employment, and estimated job openings
Updated projections are due 09-2023.
Wages
In 2022, the median annual wage for 'Accountants and Auditors' was $78,000, or $37 per hour
'Accountants and Auditors' were paid 68.4% higher than the national median wage, which stood at $46,310
Wages over time
Volume
As of 2022 there were 1,402,420 people employed as 'Accountants and Auditors' within the United States.
This represents around 0.9% of the employed workforce across the country
Put another way, around 1 in 105 people are employed as 'Accountants and Auditors'.
Job description
Examine, analyze, and interpret accounting records to prepare financial statements, give advice, or audit and evaluate statements prepared by others. Install or advise on systems of recording costs or other financial and budgetary data.
SOC Code: 13-2011.00
Resources
Can ChatGPT pass an accounting interview?
Here's a video from Certified Accountant Kostadin Ristovski on Chat GPT and accounting, where he asks it questions which an accountant should know the answer to, he's not impressed!
If you're thinking of starting a new career, or looking to change jobs, we've created a handy job search tool which might just help you land that perfect new role.
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Comments
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In tax accounting, if you are doing your job properly and according to the code of ethics that CPAs and tax practitioners are supposed to follow, there are often multiple rounds of emails and phone calls to clarify with the taxpayer. This is done to confirm how they spent their money and to see if it lines up with how the tax code says it should be spent.
Are robots going to prepare tax returns for people?
If the IRS challenges the results of what an AI system has produced, will the AI system be able to represent a human taxpayer in front of a judge in tax court? Will it be allowed to litigate challenges by the government on possible fraudulent tax returns if the AI system prepared the return incorrectly?
Everyone is shifting to analysis and improvement -- which is a good thing. The machine-learning-collaborative jobs are far more interesting, anyway.
Not a black-and-white issue.
Imho accountants will just become business analysts or advisors.
Y’all need to chill cause accounting is here forever.
If an AI can do your job, you simply just suck as an accountant.
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