Bookkeeping, Accounting, and Auditing Clerks

Imminent Risk
94%
Where Would You Like to Go Next?
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Vote Comments (8)
Or, Explore This Profession in Greater Detail...
AUTOMATION RISK
CALCULATED
100%
(Imminent Risk)
POLLING
88%
(Imminent Risk)
Average: 94%
LABOR DEMAND
GROWTH
-5.0%
by year 2033
WAGES
$47,440
or $22.81 per hour
Volume
1,501,910
as of 2023
SUMMARY
JOB SCORE
2.2/10

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Calculated automation risk

100% (Imminent Risk)

Imminent Risk (81-100%): Occupations in this level have an extremely high likelihood of being automated in the near future. These jobs consist primarily of repetitive, predictable tasks with little need for human judgment.

More information on what this score is, and how it is calculated is available here.

We haven't found any important qualities of this job that can't be easily automated

User poll

88% chance of full automation within the next two decades

Our visitors have voted that it's very probable this occupation will be automated. This assessment is further supported by the calculated automation risk level, which estimates 100% chance of automation.

What do you think the risk of automation is?

What is the likelihood that Bookkeeping, Accounting, and Auditing Clerks will be replaced by robots or artificial intelligence within the next 20 years?






Sentiment

The following graph is 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 (yearly)

Growth

Very slow growth relative to other professions.

The number of 'Bookkeeping, Accounting, and Auditing Clerks' job openings is expected to decline 5.0% by 2033

Total employment, and estimated job openings

* Data from the Bureau of Labor Statistics for the period between 2021 and 2031
Updated projections are due 09-2024.

Wages

Low paid relative to other professions

In 2023, the median annual wage for 'Bookkeeping, Accounting, and Auditing Clerks' was $47,440, or $22 per hour

'Bookkeeping, Accounting, and Auditing Clerks' were paid 1.3% lower than the national median wage, which stood at $48,060

Wages over time

* Data from the Bureau of Labor Statistics

Volume

Significantly greater range of job opportunities compared to other professions

As of 2023 there were 1,501,910 people employed as 'Bookkeeping, Accounting, and Auditing Clerks' within the United States.

This represents around 1.0% of the employed workforce across the country

Put another way, around 1 in 101 people are employed as 'Bookkeeping, Accounting, and Auditing Clerks'.

Job description

Compute, classify, and record numerical data to keep financial records complete. Perform any combination of routine calculating, posting, and verifying duties to obtain primary financial data for use in maintaining accounting records. May also check the accuracy of figures, calculations, and postings pertaining to business transactions recorded by other workers.

SOC Code: 43-3031.00

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Comments

Jose (Highly likely) 1 day ago
The function is basically to organize companies and manage their expenses. With a robot, you can do all of this for free.
0 0 Reply
Peter LA Touché (Low) 8 months ago
Accountants and auditors will soon encounter more demanding challenges in managing AI accounting software compared to the existing issues of accounting staff shortages. Their responsibilities will expand beyond just examining, analyzing, and interpreting accounting records to managing, evaluating, auditing, and certifying the inputs and outputs of AI accounting software. This shift will significantly increase their workload and require them to oversee the implementation, development, and maintenance of AI accounting software.

Consequently, the assistance of bookkeeping, accounting, and auditing clerks will still be necessary for accountants and auditors to manage AI accounting software effectively. Clerks' understanding of accounting principles and attention to detail makes them ideal for this task. However, the future of clerical roles is expected to involve ongoing learning and expanding responsibilities, as these professionals will need to enhance their knowledge in Accounting, Auditing, and Artificial Intelligence (AI) to assist accountants and auditors in their new duties of managing, assessing, auditing, and certifying the inputs and outputs associated with AI accounting software.
2 0 Reply
Matthew Sibbles (Uncertain) 8 months ago
In the evolving landscape of accounting and auditing, the focus for Accountants and Auditors is shifting towards continuous monitoring and auditing of AI-generated financial data. This transition will see Accounting and Auditors Clerks taking on a more supportive role in evaluating the financial data produced by AI systems.

While the current integration of AI and digital tools is not as widespread as it will be in the future, the workload on Accountants and Auditors already surpasses their current capacity. As AI systems become more prevalent, the task of overseeing the increasing volume of financial data they generate will become even more demanding. AI and digitization have the potential to capture a significantly higher number of financial transactions compared to the present scenario. Consequently, Accountants will increasingly focus on auditing AI’s inputs and outputs, necessitating their clerks to enhance their support to streamline these processes effectively.
1 0 Reply
rosario (Highly likely) 1 year ago
i am a web developer and i can easily think of several ways to automate the type of repetitive tasks that these professionals perform. add now chatgpt to the equation to add more "laguange human-like skills" and there you have it.
0 0 Reply
RS (Highly likely) 1 year ago
Blockchain + AI like ChatGPT, Google Bard, etc will make this role obsolete for sure. This role is so 1800s and manual labor right now. Also this is prone to human error at the moment. An AI system will solve this.
0 0 Reply
muskan 1 year ago
Jobs that are routine and hardly have any creative or interpersonal demands are most at risk of being automated.
1 0 Reply
Bridget 2 years ago
We calculate this occupation to have an automation risk score of 100% (You are doomed)

And yet I seem to be getting more clients.

I understand the logic and I don't disagree with it -- but that doesn't seem to be the way it's shaking out.
0 0 Reply
Jeremy (Highly likely) 2 years ago
Computer technology, the internet, and software are ever-improving. Small business classes commonly teach basic bookkeeping, and software is becoming easier to use while doing more. As time goes by, I expect software to be able to do even more than it does now and to be even easier to use, possibly with AI in the future.
0 0 Reply

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