Must-Know Accounting Industry Statistics [Current Data]

Statistic 1

"Around 71% of accounting firms offer virtual CFO services to their clients."

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Statistic 2

"30% of small businesses utilize an accountant for their financial needs."

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Statistic 3

"The employment of accountants and auditors is projected to grow 4% from 2019 to 2029."

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Statistic 4

"The average salary of an accountant in the United States was $73,560 in 2020."

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Statistic 5

"Currently, there are over 60,000 public accounting firms in the United States."

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Statistic 6

"Women make up 61% of all accountants and auditors in the United States."

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Statistic 7

"Over 60% of accounting firms report increased client satisfaction with the implementation of AI and automation tools."

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Statistic 8

"Roughly 42% of accountants believe their job will be significantly influenced by technology changes in the next decade."

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Statistic 9

"Only 4 out of 10 accounting firms have implemented a formal data analytics strategy."

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Statistic 10

"In 2022, the average hourly rate for accountants in the U.S. was approximately $35."

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Statistic 11

"39% of accountants suggest blockchain technology as the future of accounting."

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Statistic 12

"About 45% of small businesses spend more than 40 hours a year dealing with federal taxes."

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Statistic 13

"The global accounting services market size was valued at approximately $574.42 billion in 2020."

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