Is Accounting Still an Attractive Career? What Educators, Employers, and Professional Bodies Are Saying

The accountancy profession is changing—fast. Technology, sustainability reporting, data analytics, and new ways of working are transforming what accountants do and how they add value. A key question explored by recent research is whether students and future professionals are aware of—and attracted to—these changes.

A global study conducted in 2025 explored how attractive the accountancy profession is today, drawing on the views of educators, employers, career advisors, and professional accountancy organizations (PAOs). The study identified a number of challenges, alongside opportunities that stakeholders believe could help strengthen and future-proof the profession.

Why This Study Matters

Many countries are concerned about stagnant or declining interest in accounting careers. This study looks at where perceptions are formed, what is holding students back, and what could make the profession more appealing, especially to a broader and more diverse group of future accountants.

The findings suggest that perceptions of accounting are often outdated—and that these perceptions start early, long before students make career-defining choices.

Who Took Part

The study combined surveys and interviews to capture a wide range of perspectives:

  • 953 survey responses from secondary school teachers, career advisors, university accounting faculty and employers from five geographic regions

  • 25 interviews with representatives from professional accountancy organizations across 19 countries

This approach provided both global reach and deeper insight into how the profession is viewed across the education and employment pipeline.

What the Study Found

1. Early exposure makes a big difference

The study found that where accounting is part of the school curriculum, it is often introduced too late to influence students’ subject and career choices. Teachers and career advisors stressed the need for earlier, more engaging exposure, including:

  • Industry-led school visits and career talks

  • Real-world examples of contemporary accounting roles

  • Stories that highlight impact areas such as sustainability, technology, and business strategy

Participants indicated that when students see accounting as relevant and purposeful early on, interest increases.

2. Perceptions of accounting are out of sync

The findings point to a clear gap between how the profession sees itself and how it is often described to students.

  • Employers, PAOs, and faculty see accounting as evolving—more strategic, technology-enabled, and connected to sustainability and decision-making.

  • Teachers and career advisors, however, often still present accounting as boring or repetitive, heavily focused on math, at risk of automation, and a traditional “9–5” career.

According to the study, many students remain unconvinced that accounting is an exciting or future-focused choice.

3. Accounting enrolments are under pressure

University faculty reported that accounting enrolments have stagnated or declined in many regions.

Several factors were identified as contributing:

  • School teachers often lack accounting qualifications

  • University educators may have limited industry experience

  • Career advice tends to focus on job security and skills, rather than purpose, impact, or innovation

The study notes that emerging career options—such as roles in sustainability, data analytics, and technology—are not always visible to students.

4. Curricula are slow to catch up with the profession

Employers and PAOs highlighted growing demand for skills in:

  • Data analytics and technology

  • Artificial intelligence

  • Sustainability reporting and assurance

  • Forensic and investigative work

Yet many school and university curricula still focus heavily on traditional content. Educators noted that curriculum change can be slow, particularly where there is limited exposure to current industry practice.

As a result, participants reported that employers often need to provide additional training after hiring to bridge skills gaps.

5. Cost is not the main barrier

The cost of studying accounting varies widely by region, depending on government funding models. Stakeholders generally agreed that accounting degrees are priced similarly to other disciplines, and cost alone does not explain declining interest.

6. Diversity remains a challenge

Despite ongoing efforts, the study found that the profession continues to struggle to attract indigenous students, students from disadvantaged backgrounds, and students without a traditional commerce or business background.

Progress was described as limited, suggesting a need for more targeted outreach and alternative entry pathways.

7. Hiring expectations don’t always align with student motivations

Employers reported placing high value on technical and digital skills, academic performance, and data capabilities. However, they perceived that many job applicants are motivated more by:

  • Purpose and meaningful work

  • Opportunities to develop skills

  • Flexibility and work-life balance

The study also highlighted broader shifts, including fewer traditional entry-level roles, more hybrid work, and a wider range of career pathways.

8. Transferable skills matter more than ever

Across all stakeholder groups, there was strong agreement that behavioral and transferable skills are critical.

Commonly valued skills included:

  • Communication

  • Critical thinking

  • Problem solving

  • Accountability

  • Teamwork and adaptability

Participants consistently emphasized that these skills are increasingly seen as just as important as technical knowledge—and essential for success in a changing profession.

Implications Identified by the Study

Based on the findings, the study highlighted a need for coordinated action across education providers, employers, and professional bodies.

Opportunities identified by participants included:

  • Reaching students earlier with engaging and realistic insights into modern accounting careers

  • Refreshing curricula to embed sustainability, technology, AI, and data analytics

  • Supporting educators and career advisors with up-to-date professional development

  • Strengthening partnerships between universities, employers, and PAOs

  • Expanding access and diversity through scholarships, apprenticeships, and alternative pathways

The study suggests that when students are exposed to the strategic, technological, and socially relevant sides of accounting, interest tends to increase.

Sources: https://www.ifac.org/knowledge-gateway/discussion/accounting-still-attractive-career-what-educators-employers-and-professional-bodies-are-saying