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Outlook

Employment of auditors is expected to grow by about 4 percent, as fast as the average for all occupations, through 2029, according to the U.S. Department of Labor. The coronavirus pandemic disrupted most industries in 2020, but auditors have been able to continue their work remotely. In light of travel restrictions and ongoing lock-downs, audit firms are adapting technologies to continue gathering financial information that is essential for audit analysis and reports. 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.

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