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Gen Z says… Accounting is still a viable career path!

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In a recent article by Terry Sheridan on accountingweb.com and based on an International Federation of Accountants (IFAC) survey, statistics reveal that millenials, also referred to as Gen Z, still rate a career in Accounting as a solid and viable career choice.

IFAC surveyed some 3 338 individuals (18 – 23 years old) from 23 countries belonging to the G20 group “including the US, UK, Germany, France, China, Argentina, Russia and India”. Gen Z claims a number of firsts for its generation, including but not limited to ambitions related to career prospects and a desire to influence public policy across the G20 countries.

Sheridan writes, “Among a list of 14 must-have perks, Gen Z’s biggest concerns include national economic stability, quality of education and availability of work”.

The study also reveals that Gen Z have priorities that outrank that of “being a leader, going overseas to work and driving business strategy”.

They are of the opinion that AI is fast influencing the spheres of accounting, engineering and healthcare. Most acquire the majority of their knowledge from the internet as opposed to from traditional sources including from professional affiliations.

The IFAC report urges world leaders to take heed of what these millenials are saying and should include their views on policy development and involve them in decisions around the needs of the future workforce!

Read the full article and access the IFAC study: https://www.accountingweb.com/practice/growth/research-shows-gen-z-is-still-interested-in-an-accounting-career-path