While many departments are still cutting jobs, accounting positions have actually increased recently. The economy, however, has changed the way these positions function.
According to a survey by Ajilon Finance, 75% of accountants said the recession has changed their day-to-day job functions.
Across the board, accountants seem to be shifting away from traditional job duties and toward large scale cost-cutting and risk assessment initiatives.
For a more detailed breakdown of the changing job functions of accounting professionals, check out the chart below:
While the recession has forced many employers to put cost-cutting at the top of their priority list, it’s important not to lose sight of growing business profitability.