• Register
Return to: Home > News > Education > Rising number of women narrows gender gap

Rising number of women narrows gender gap

There is a steady shift in the gender balance of the Australian accountancy profession, according to the enrolment figures of the country’s largest institute. More women are embarking on a CPA Australia qualification than ever before, gradually bridging the gender divide.

According to CPA Australia, 14,062 women signed up to enrol in its entry level programme in 2007, which outnumbered men (10,150) by 16 percent.

iStock Gender balance
The association’s president, Alex Malley, said this is the result of improved working conditions for women. “I think the increase [in women] is due to the opportunities accounting offers, the flexibility it offers, and the increasing recognition that it is the language of business,” he said, adding that his daughter is pursuing a career within the profession.

“These days, men and women are looking for a career that offers a work/life balance, so they find the flexibility that accounting offers very attractive. Women who want to have a family, work overseas or work part-time appreciate that. And then there’s the salary – many of those with a CPA qualification enjoy better wages than those who have just completed a degree,” Malley said.

Women now comprise 41 percent of CPA Australia’s 117,000 members. Ten years ago, women accounted for only 29 percent of the 87,000 members. In the most populous state, New South Wales, women now make up 54 percent of members aged under 34 years.

Malley said he is delighted that more women are establishing careers in the accounting industry: “I think it’s a good thing. Accounting is a great career in great demand. Businesses the world over cannot get enough accountants... I’d say there are four jobs on the international market for every qualified accountant.”

A recent survey by Graduates Careers Australia found that students who furthered their studies by completing postgraduate qualifications prospered from annual salaries that averaged A$60,000 ($55,550) in 2006. This was A$18,000 more than the median salary of those with only a bachelor’s degree. The survey was based on 28,500 responses from postgraduates and included people with masters degrees, professional doctorates and PhDs.

Malley explained: “Many people with a CPA qualification enjoy much better wages than those who have just completed a degree. That’s why my advice to anybody is: just do it. The fact that we are experiencing record enrolments from women and men suggests that an increasing number of young people are attracted by what accounting has to offer. There’s no sign that the skills shortage is about to diminish, so there are plenty of jobs to go around.”

Top Content

    Accountancy Europe: the winner takes it all

    Jonathan Minter spoke to Olivier Boutellis-Taft, chief executive officer at Accountancy Europe, about how technology could change the industry, and how training needs to keep up to enable the profession to develop

    read more

    Embracing global technology trends

    Accountancy Europe’s Digital Day 2018 found the European accounting profession looking to tackle the challenges presented by new technologies head on. Jonathan Minter reports from the day

    read more

    IMA Conference: automation of the audit

    At the annual conference of the Institute of Management Accountants (IMA) in Indianapolis, Deloitte partner Alex Smith gave a presentation on digital transformation in the profession. Joe Pickard spoke to Smith following the presentation to find out more about his views on the future of audit

    read more

    IMA Conference: technology and the human effect

    The annual conference of the Institute of Management Accountants (IMA) took place in Indianapolis this year. Members of the profession gathered to hear the latest from the institute and other market players, covering some of the challenges and opportunities the profession faces.

    read more

    The Caribbean: a digital paradise

    The ICAC hosted its 36th annual conference in June this year – very much looking to the future following a tough 2017 for the Caribbean. Jonathan Minter spoke with chief executive officer Misha Lobban Clarke

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.