Women Accountants Continue Advancement to Management Ranks

Women made up nearly 60 percent of the accountant and auditor workforce in 1999 according to the Department of Labor. The AICPA did its own research and found that women now earn more than half of all undergraduate degrees in accounting.

A survey [1] conducted by RHI Management Resources, found that 43 percent of CFOs polled said the number of management-level positions held by female accountants in their firms has increased over the past five years.

CFOs were asked, "Has the number of women accountants who hold management-level positions in your company increased or decreased in the past five years?" Their responses: 15 percent - Increased Significantly; 28 percent - Increased Somewhat; and 49 percent - No Change.