Job prospects Accountant in Ontario

Job opportunities for Financial auditors and accountants (NOC 1111) are fair in Ontario over the next 3 years. These job prospects are also applicable to people working as an accountant.

Note: These employment prospects were published in December 2021 based on the information available at the time of analysis. The next update will be in December 2022. To learn more, see our FAQs. You can also find additional information on the Canadian Online Job Posting Dashboard.

Job opportunities in Ontario

accountant
Prospects over the next 3 years
Fair

The employment outlook will be fair for Financial auditors and accountants (NOC 1111) in Ontario for the 2021-2023 period.

The following factors contributed to this outlook:

  • Employment growth will lead to a moderate number of new positions.
  • Several positions will become available due to retirements.
  • There are a small number of unemployed workers with recent experience in this occupation.

Here are some key facts about Financial auditors and accountants in the Ontario region:

  • Approximately 86,200 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%
    • Monetary Authorities - central bank and securities, commodity contracts and other intermediation and related activities (NAICS 521, 522, 523): 9%
    • Federal government public administration (NAICS 911): 8%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 91% compared to 79% for all occupations
    • Part-time workers: 9% compared to 21% for all occupations
  • 74% of financial auditors and accountants work all year, while 26% 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 33 weeks compared to 31 weeks for all occupations.
  • 16% of financial auditors and accountants are self-employed compared to an average of 12% for all occupations.
  • Breakdown by region

    Explore job prospects in Ontario by economic region.

    Legend: The job opportunities can be: Undetermined Limited Fair Good

    Source Labour Market Information | Prospects Methodology

    You can also look at this data on a map. Go to LMI Explore

    Job prospects elsewhere in Canada

    We expect that the labour supply and demand for Financial auditors and accountants (NOC 1111) will be balanced in Canada over the next 10 years.

    Learn more

Labour Market Information Survey
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