Outlook
Employment of auditors is expected to grow by about 4 percent, as fast as the average for all occupations, through 2032, according to the U.S. Department of Labor. Companies will continue to need audit services due to changing tax and finance laws and increased regulation of financial practices across businesses. Notable scandals in the accounting industry in recent years account for much of the increased scrutiny of and changing legislation in this industry.
As firms offer more specialized services, auditors will need to follow suit. Companies will seek out auditors with knowledge of international standards, proficiency with technology (including artificial intelligence, cloud computing, and blockchain technology), and foreign-language skills. Competition for auditing jobs will remain keen. Auditors with a master's degree and certification will have the best prospects.
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