Salaries for Accounting Professionals on the Rise; AccountingCrossing Aspires to Add More Accounting Jobs to Its Site

Released on: July 15, 2008, 4:57 am

Press Release Author: Mary Waldron

Industry: Accounting

Press Release Summary: With growing salaries in the accounting industry,
AccountingCrossing aims to update its website with each and every job opening that
offers a lucrative salary. According to the Institute of Management Accountants'
19th Annual Salary Survey, the average salary of accounting professionals has
exceeded $100,000. AccountingCrossing has already added about 34,000 accounting
jobs to its database in July.

Press Release Body: Despite the economic slowdown, AccountingCrossing
( has continuously updated its database with the latest
accounting job announcements. In December 2007 AccountingCrossing's job count stood
at 17,000. This figure is now 79,000, reflecting a 350% increase. Unlike other
job-search and career sites, AccountingCrossing weeds out spam and inactive jobs,
allowing job seekers to search efficiently and specifically.

In spite of economic woes in the United States and an increasing number of corporate
layoffs, accounting and finance professionals are receiving better salaries and
compensation than ever before. According to the Institute of Management
Accountants' 19th Annual Salary Survey, the average salary of accounting
professionals has increased by nearly 7% since 2007. The average salary of these
professionals has exceeded $100,000 for the first time in corporate history.

Additionally, the US Department of Labor's Bureau of Labor Statistics' 2008 edition
of its Occupational Outlook Handbook states that employment of accountants and
auditors is expected to grow by 18% by 2016, which is faster than the average for
all occupations it tracks. Furthermore, Robert Half's Salary Guide reports that due
to business growth and economic demands, many companies want to employ additional
accounting staff in various departments.

According to the Salary Guide, though many employers look for veteran accountants
when it comes to filling critical positions, they are quite willing to hire amateurs
and entry-level accounting grads and train them. The National Association of
Colleges and Employers even states that nearly 58% of companies worldwide are trying
to keep up with demand by recruiting accounting graduates with little or no

"Industries such as retail, real estate, and manufacturing have faced the maximum
job cuts in this economic downturn. However, the accounting profession is one
industry which is sure to progress by leaps and bounds because of the increasing
demand for accounting professionals in today's times," says A. Harrison Barnes,
founder and CEO of AccountingCrossing.

According to Barnes, the job counts for the most popular job titles on
AccountingCrossing are as follows:

. Payroll clerk: 4,000
. Cost accounting specialist: 3,963
. Auditor: 3,040
. Accounting supervisor: 2,100
. Accounting director: 1,910

AccountingCrossing updates its website with the most recent accounting jobs. The
accounting job board has about 78,000 active accounting jobs in its database in the
second week of July, and the number is expected to get a further boost in a few
days. For more information on AccountingCrossing, please visit

About AccountingCrossing:
AccountingCrossing is an affiliate of EmploymentCrossing, one of the most powerful
and comprehensive organizations dedicated to helping professionals find jobs that
will enhance their careers. AccountingCrossing consolidates every accounting job
opening it can find in one convenient location. The website also offers a seven-day
free trial to new members.

Web Site:

Contact Details: Mary Waldron,
Editorial Coordinator
175 South Lake Avenue, Suite 200
Pasadena, CA 91101
Tel: 626-243-1885

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