NOC 11100: Financial auditors and accountants

The employment outlook will be Good for financial auditors and accountants (NOC 11100) in Prince Edward Island for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a moderate number of new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

Financial auditors and accountants work in nearly every industry, helping organizations manage their finances, ensure compliance, and make informed decisions. You’ll find them in banks, government departments, insurance companies, and accounting firms, as well as in sectors like healthcare, education, and technology. Many professionals in this field hold a Chartered Professional Accountant (CPA) designation, which is highly valued by employers.

Most organizations now use accounting software, cloud-based platforms, and data analytics tools to streamline financial tasks. This shift has made remote work and outsourcing more common. While basic tax software may reduce demand for routine services, accountants with experience in financial systems, industry regulations, and digital tools are in demand.

The demand for workers in this occupation is influenced by economic conditions and business activity. Prince Edward Island’s economy is projected to expand at a modest pace over the forecast horizon, constrained by slower population growth and ongoing trade uncertainties. Growth will be supported by strong export performance—particularly in processed foods and seafood, aerospace, pharmaceuticals, and chemicals—alongside sustained construction activity and a resilient tourism sector. Declining interest rates are expected to further support domestic spending and housing demand. However, the federal reduction in immigration targets has led to a marked decline in international arrivals, a slowdown that is anticipated to moderate consumer demand and labour force growth. Over the longer term, reduced immigration presents a key risk to the province’s economic outlook.

Here are some key facts about financial auditors and accountants in Prince Edward Island:

Approximately 600 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 30%

Federal government public administration (NAICS 911): 20%

Provincial and territorial public administration (NAICS 912): 7%

Paper manufacturing (NAICS 322): 6%

Food, beverage and tobacco product manufacturing (NAICS 311, 312): 6%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 94% compared to 84% for all occupations

Part-time workers: 6% compared to 16% for all occupations

81% of financial auditors and accountants work all year, while 19% work only part of the year, compared to 59% and 41% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 41 weeks for all occupations.

14% of financial auditors and accountants are self-employed compared to an average of 13% for all occupations.

The gender distribution of people in this occupation is:

Men: 50% compared to 51% for all occupations

Women: 50% compared to 49% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: n/a

high school diploma or equivalent: less than 5% compared to 28% for all occupations

apprenticeship or trades certificate or diploma: n/a

college certificate or diploma or university certificate below bachelor's: 17% compared to 25% for all occupations

bachelor's degree: 64% compared to 17% for all occupations

university certificate, degree or diploma above bachelor level: 15% compared to 8% for all occupations

The employment outlook will be Good for financial auditors and accountants (NOC 11100) in Manitoba for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a moderate number of new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

Demand for this occupation is driven by business need for financial oversight, compliance with new and complex regulations, and financial analysis to improve profitability and efficiency.

Key trends for this occupation include Generative Artificial Intelligence (GenAI) that creates new content from existing data, which may transform workflow and services for this occupation.

Jobs are concentrated in the Winnipeg and Interlake regions, but job prospects are the strongest in South and North Central regions, as well as in Parklands and North regions.

Here are some key facts about financial auditors and accountants in Manitoba:

Approximately 6,650 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 36%

Federal government public administration (NAICS 911): 6%

Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 5%

Insurance Carriers and related activities (NAICS 524, 526): 5%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 94% compared to 81% for all occupations

Part-time workers: 6% compared to 19% for all occupations

83% of financial auditors and accountants work all year, while 17% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 43 weeks for all occupations.

15% of financial auditors and accountants are self-employed compared to an average of 12% for all occupations.

The gender distribution of people in this occupation is:

Men: 51% compared to 53% for all occupations

Women: 49% compared to 47% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 12% for all occupations

high school diploma or equivalent: less than 5% compared to 31% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations

college certificate or diploma or university certificate below bachelor's: 18% compared to 17% for all occupations

bachelor's degree: 56% compared to 20% for all occupations

university certificate, degree or diploma above bachelor level: 20% compared to 8% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in Newfoundland and Labrador for the 2025-2027 period.

The following factors contributed to this outlook:

Employment decline will lead to the loss of some positions.

A moderate number of positions will become available due to retirements.

There are a moderate number of unemployed workers with recent experience in this occupation.

While the number of individuals and small businesses using affordable or free software to file taxes and do bookkeeping tasks has increased, a baseline demand for more complex corporate and public sector accounting remains, which is generally proportional to overall economic activity in the province. Having a recognized credential, such as a Chartered Professional Accountant (CPA), is important to employers, as well as having strong interpersonal skills and prior work experience. Workers in this occupation are concentrated in the Avalon Peninsula due to the large number of professional establishments and government offices in St. John's. Some accountants and auditors may experience a rise in demand during the federal tax filing season. However, the increase during tax season may not be as strong moving forward with the growing use of online software by income tax filers.

Here are some key facts about financial auditors and accountants in Newfoundland and Labrador:

Approximately 1,650 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 33%

Federal government public administration (NAICS 911): 8%

Provincial and territorial public administration (NAICS 912): 8%

Other retail stores (NAICS 44-45, except 445): 5%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 94% compared to 83% for all occupations

Part-time workers: 6% compared to 17% for all occupations

80% of financial auditors and accountants work all year, while 20% work only part of the year, compared to 56% and 43% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 40 weeks for all occupations.

12% of financial auditors and accountants are self-employed compared to an average of 8% for all occupations.

The gender distribution of people in this occupation is:

Men: 45% compared to 51% for all occupations

Women: 55% compared to 49% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 11% for all occupations

high school diploma or equivalent: less than 5% compared to 27% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 17% for all occupations

college certificate or diploma or university certificate below bachelor's: 22% compared to 23% for all occupations

bachelor's degree: 56% compared to 14% for all occupations

university certificate, degree or diploma above bachelor level: 16% compared to 7% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in Nova Scotia for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a few new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

The Halifax area provides more opportunities within this occupational category, with its strong government presence and a high number of national, regional, and local firms. Areas outside the city may have fewer opportunities, especially with larger firms, but that is likely balanced by a lower supply of experienced workers. Having a recognized credential, such as a CPA, is important to employers, as well as having strong interpersonal skills and prior work experience, particularly with large, international corporations. Non-designated accountants may have greater difficulty advancing their career into management roles. While hiring can be sporadic throughout the year and depend on budgets and major projects, opportunities do occur regularly and have been expanding. Public accounting is an area that seems to have trouble finding talent, particularly those skilled in assurance.

Here are some key facts about financial auditors and accountants in Nova Scotia:

Approximately 4,450 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 27%

Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 10%

Federal government public administration (NAICS 911): 8%

Construction (NAICS 23): 6%

Real Estate and rental and leasing (NAICS 53): 5%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 93% compared to 82% for all occupations

Part-time workers: 7% compared to 18% for all occupations

82% of financial auditors and accountants work all year, while 18% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 48 weeks compared to 42 weeks for all occupations.

13% of financial auditors and accountants are self-employed compared to an average of 11% for all occupations.

The gender distribution of people in this occupation is:

Men: 46% compared to 51% for all occupations

Women: 54% compared to 49% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 10% for all occupations

high school diploma or equivalent: less than 5% compared to 27% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations

college certificate or diploma or university certificate below bachelor's: 11% compared to 22% for all occupations

bachelor's degree: 62% compared to 20% for all occupations

university certificate, degree or diploma above bachelor level: 22% compared to 10% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in New Brunswick for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a moderate number of new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

In addition to working at accounting firms, financial auditors and accountants are employed throughout the economy, as they possess skills that are necessary for the functioning of any business, government or not-for-profit entity. As such, demand for these skills is expected to grow in line with population and economic growth. However, new online accounting software may temper overall job growth.

Increased application of technology, such as artificial intelligence and automation of routine tasks, may change the role of accountants and auditors going forward.

Knowledge of tax laws and regulations, as well as analytical and communication skills will enhance job prospects.

In order to work in this field, a Chartered Professional Accountant (CPA) designation is required.

Prospects are greater in the province’s larger urban centres (Fredericton, Moncton and Saint John), where greater concentrations of business services already exist.

Here are some key facts about financial auditors and accountants in New Brunswick:

Approximately 3,050 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 28%

Federal government public administration (NAICS 911): 12%

Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 6%

Other retail stores (NAICS 44-45, except 445): 5%

Provincial and territorial public administration (NAICS 912): 5%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 93% compared to 84% for all occupations

Part-time workers: 7% compared to 16% for all occupations

81% of financial auditors and accountants work all year, while 19% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.

14% of financial auditors and accountants are self-employed compared to an average of 10% for all occupations.

The gender distribution of people in this occupation is:

Men: 47% compared to 52% for all occupations

Women: 53% compared to 48% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 11% for all occupations

high school diploma or equivalent: less than 5% compared to 30% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 12% for all occupations

college certificate or diploma or university certificate below bachelor's: 20% compared to 23% for all occupations

bachelor's degree: 55% compared to 16% for all occupations

university certificate, degree or diploma above bachelor level: 18% compared to 7% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in Ontario for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a few new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

What Types of Employers Are Out There?

Employed in all major industry categories, with the leading share in accounting, tax preparation, bookkeeping and payroll services

Finance and insurance companies such as banks

What are the Main Trends Affecting Employment?

Ongoing need for accounting and auditing services across businesses and departments should lead to relatively stable job prospects

Need for financial decision making and regulatory oversight

Increased demand during the federal tax-filing season, though the availability of online accounting software may temper overall work

What Skills Do I Need to Succeed?

In addition to formal education in accounting or a related discipline, there are several professional designations associated with this occupational group

Chartered Professional Accountants of Ontario is the regulatory body for Chartered Professional Accountants (CPAs).

Here are some key facts about financial auditors and accountants in Ontario:

Approximately 106,500 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 35%

Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 10%

Federal government public administration (NAICS 911): 6%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 93% compared to 81% for all occupations

Part-time workers: 7% compared to 19% for all occupations

79% of financial auditors and accountants work all year, while 21% work only part of the year, compared to 63% and 37% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 43 weeks for all occupations.

16% of financial auditors and accountants are self-employed compared to an average of 15% for all occupations.

The gender distribution of people in this occupation is:

Men: 47% compared to 52% for all occupations

Women: 53% compared to 48% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 9% for all occupations

high school diploma or equivalent: less than 5% compared to 25% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 8% for all occupations

college certificate or diploma or university certificate below bachelor's: 14% compared to 22% for all occupations

bachelor's degree: 55% compared to 24% for all occupations

university certificate, degree or diploma above bachelor level: 27% compared to 13% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in Saskatchewan for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a moderate number of new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

Base services such as accounting and auditing are tied to general economic conditions and business cycle in the province.

Job prospects may be limited by weak economic growth expected in 2025 but are likely to improve with stronger growth projected for 2026 and 2027.

Generative AI-powered market intelligence solutions that deliver real time valuable insights for timely business decision making may impact jobs in the short to medium term in way that is quite uncertain and early to tell.

Recent research shows more than half of employees in Business and Finance are in jobs that have high exposure but low complementarity-to-AI.

Here are some key facts about financial auditors and accountants in Saskatchewan:

Approximately 5,100 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 44%

Provincial and territorial public administration (NAICS 912): 5%

Other retail stores (NAICS 44-45, except 445): 5%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 91% compared to 81% for all occupations

Part-time workers: 9% compared to 19% for all occupations

80% of financial auditors and accountants work all year, while 20% work only part of the year, compared to 65% and 35% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 43 weeks for all occupations.

16% of financial auditors and accountants are self-employed compared to an average of 16% for all occupations.

The gender distribution of people in this occupation is:

Men: 42% compared to 53% for all occupations

Women: 57% compared to 47% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 11% for all occupations

high school diploma or equivalent: less than 5% compared to 33% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 15% for all occupations

college certificate or diploma or university certificate below bachelor's: 17% compared to 17% for all occupations

bachelor's degree: 59% compared to 18% for all occupations

university certificate, degree or diploma above bachelor level: 18% compared to 7% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in Alberta for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a few new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

Digital financial services and AI tools may put pressure on employee skill requirements.

While Alberta’s population growth should improve the demand for this occupation, employment opportunities remain sensitive to economic conditions within the province.

Key trends for this occupation include artificial intelligence and robo-advising and an aging client population that seeks income rather than risk and accumulation.

Here are some key facts about financial auditors and accountants in Alberta:

Approximately 32,450 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 32%

Oil and gas extraction (NAICS 211): 11%

Construction (NAICS 23): 6%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 92% compared to 80% for all occupations

Part-time workers: 8% compared to 20% for all occupations

79% of financial auditors and accountants work all year, while 21% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.

16% of financial auditors and accountants are self-employed compared to an average of 15% for all occupations.

The gender distribution of people in this occupation is:

Men: 43% compared to 53% for all occupations

Women: 56% compared to 47% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 10% for all occupations

high school diploma or equivalent: less than 5% compared to 28% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 13% for all occupations

college certificate or diploma or university certificate below bachelor's: 16% compared to 19% for all occupations

bachelor's degree: 60% compared to 21% for all occupations

university certificate, degree or diploma above bachelor level: 19% compared to 9% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in British Columbia for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a moderate number of new positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

Financial auditors and accountants have flexible career options, including employment with private sector accounting and auditing firms, public sector accounting and auditing departments, or pursuing self-employment to provide their services independently.

Advancements in AI and online tax software may influence the demand for accounting services.

Here are some key facts about financial auditors and accountants in British Columbia:

Approximately 36,450 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 41%

Real Estate and rental and leasing (NAICS 53): 6%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 91% compared to 78% for all occupations

Part-time workers: 9% compared to 22% for all occupations

78% of financial auditors and accountants work all year, while 22% work only part of the year, compared to 61% and 39% respectively among all occupations. Those who worked only part of the year did so for an average of 47 weeks compared to 42 weeks for all occupations.

17% of financial auditors and accountants are self-employed compared to an average of 17% for all occupations.

The gender distribution of people in this occupation is:

Men: 44% compared to 52% for all occupations

Women: 56% compared to 48% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 8% for all occupations

high school diploma or equivalent: less than 5% compared to 28% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 13% for all occupations

college certificate or diploma or university certificate below bachelor's: 14% compared to 17% for all occupations

bachelor's degree: 59% compared to 22% for all occupations

university certificate, degree or diploma above bachelor level: 23% compared to 12% for all occupations

The employment outlook will be Moderate for financial auditors and accountants (NOC 11100) in Northwest Territories for the 2025-2027 period.

The following factors contributed to this outlook:

Employment growth will lead to a few new positions.

Several positions will become available due to retirements.

There are a moderate number of unemployed workers with recent experience in this occupation.

Financial auditors and accountants are employed in nearly all industries in the Northwest Territories.

Here are some key facts about financial auditors and accountants in Northwest Territories:

Approximately 100 people worked in this occupation in May 2021.

Financial auditors and accountants mainly work in the following sectors:

Public Administration and Defence (NAICS 91): 39%

Other Commercial Services (NAICS 54-56, 81): 30%

90% of financial auditors and accountants work all year, while 10% work only part of the year, compared to 71% and 28% respectively among all occupations. Those who worked only part of the year did so for an average of 49 weeks compared to 44 weeks for all occupations.

16% of financial auditors and accountants are self-employed compared to an average of 7% for all occupations.

The gender distribution of people in this occupation is:

Men: 48% compared to 52% for all occupations

Women: 52% compared to 48% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: n/a

high school diploma or equivalent: n/a

apprenticeship or trades certificate or diploma: n/a

college certificate or diploma or university certificate below bachelor's: 35% compared to 18% for all occupations

bachelor's degree: 48% compared to 17% for all occupations

university certificate, degree or diploma above bachelor level: 17% compared to 9% for all occupations

The employment outlook will be Limited for financial auditors and accountants (NOC 11100) in Quebec for the 2025-2027 period.

The following factors contributed to this outlook:

Employment decline will lead to the loss of some positions.

A moderate number of positions will become available due to retirements.

There are a small number of unemployed workers with recent experience in this occupation.

The employment outlook for this occupational group depends primarily on the demand for accounting services. In addition, the ongoing need for accounting, to increase investments and track cash flow should create jobs for these professionals.

Rapid changes in accounting standards involve frequent updates to new rules. Moreover, the increasing number of these standards is making it more difficult for companies to manage them, which supports this profession.

However, the growing number of individuals and businesses that use online accounting software could limit the employment outlook for this group.

Here are some key facts about financial auditors and accountants in Quebec:

Approximately 48,400 people work in this occupation.

Financial auditors and accountants mainly work in the following sectors:

Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 36%

Finance, insurance, real estate and leasing (NAICS 52, 53): 10%

Provincial and territorial public administration (NAICS 912): 7%

The distribution of full-time and part-time workers in this occupation is:

Full-time workers: 90% compared to 82% for all occupations

Part-time workers: 10% compared to 18% for all occupations

77% of financial auditors and accountants work all year, while 23% work only part of the year, compared to 62% and 38% respectively among all occupations. Those who worked only part of the year did so for an average of 46 weeks compared to 43 weeks for all occupations.

19% of financial auditors and accountants are self-employed compared to an average of 12% for all occupations.

The gender distribution of people in this occupation is:

Men: 41% compared to 52% for all occupations

Women: 59% compared to 48% for all occupations

The educational attainment of workers in this occupation is:

no high school diploma: less than 5% compared to 12% for all occupations

high school diploma or equivalent: less than 5% compared to 19% for all occupations

apprenticeship or trades certificate or diploma: less than 5% compared to 19% for all occupations

college certificate or diploma or university certificate below bachelor's: 17% compared to 22% for all occupations

bachelor's degree: 40% compared to 17% for all occupations

university certificate, degree or diploma above bachelor level: 34% compared to 11% for all occupations

An employment outlook has not been assigned to this occupation in this region due to low levels of employment.