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Diversity, Gender, and Ethnicity in the Accounting Profession

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Running head: DIVERSITY IN THE ACCOUNTING PROFESSION 1

Diversity, Gender, and Ethnicity in the Accounting Profession

Our Lady of the Lake University

DIVERSITY IN THE ACCOUNTING PROFESSION 2
Discussion of gender, race and ethnicity According to the Occupational Outlook Handbook, the accounting profession is expected to grow faster than average through the year 2014. With women and people of color joining the accounting industry at an increase rate, firms are forced to create more inclusive environment (Women, 2008).This type of investigations let us understand better the characteristics, attributes and professional identities and expectations about the privilege and disadvantage people of color face every day in the accounting field (Catalyst 2008). Also minority groups face a barrier too such as the grade point average but this barrier still in debate by accounting firms because a good grade point average don’t always guarantee a good work performance (Julius C. Green & Meenu Khanna 2011). Gender Structure in Accounting Profession. According to research done by Song and Liu (2007), in today’s major accounting firms half of new employees are women and because of that China has been forced to change the working environment and management of the male-dominant firms. The accounting profession has increased its social visibility, but also become a major player in a market based economy. Because of the growth in the accounting sector women’s are the new hard working members of the accounting sectors (Song & Liu, 2007). Alicia Korney stated in the Accounting Today business newspaper (2005), that women still behind in public accounting firms and earning a doctorate degree in the field but there is no question the accounting profession is changing. Women represent 53% of new graduates hired by CPA’s in 2004, compare to men they represent 81% of…...

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