Job prospects Accountant in Québec

National Occupational Classification update

We have updated this page to reflect the transition to the 2021 version of the National Occupational Classification (NOC). This means that the occupation "accountant" was moved from the group Financial auditors and accountants (NOC 1111) to the group Financial auditors and accountants (NOC 11100).

Explore current and future job prospects for people working as an "accountant" in Québec or Canada.

Job opportunities in Québec

Note that these outlooks are based on the 2016 version of the NOC. Learn more about our methodology.

accountant
Prospects over the next 3 years
Good

The employment outlook will be good for Financial auditors and accountants (NOC 1111) in Quebec for the 2022-2024 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 moderate number of unemployed workers with recent experience in this occupation.
  • The demand for this occupational group depends on the demand for accounting services. Moreover, the need for transparency, cybersecurity and accountability, as well as the need to prevent fraud, increase investments, and track cash flow, are expected to result in an increased demand for accounting documents. This could 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.
  • A possible economic downturn could increase the need to support companies with future government measures. Tasks related to grant applications or reporting on various assistance programs could bolster the demand for accounting services.
  • Given the job duties, most of these workers can do their work remotely. The ability to work from home enhances job security for this occupational group, which makes it less vulnerable to a potential resurgence of the pandemic.

While it will be good or very good elsewhere, the employment outlook for this occupation will be moderate in the following region:

  • Outaouais, due to a slight decrease in employment and a lower proportion of retirements

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

  • Approximately 38,800 people work in this occupation.
  • Financial auditors and accountants mainly work in the following sectors:
    • Accounting, tax preparation, bookkeeping and payroll services (NAICS 5412): 38%
    • Finance, insurance, real estate and leasing (NAICS 52, 53): 9%
    • Provincial and territorial public administration (NAICS 912): 6%
  • The distribution of full-time and part-time workers in this occupation is:
    • Full-time workers: 90% compared to 80% for all occupations
    • Part-time workers: 10% compared to 20% for all occupations
  • 67% of financial auditors and accountants work all year, while 33% work only part of the year, compared to 57% and 42% respectively among all occupations. Those who worked only part of the year did so for an average of 35 weeks compared to 33 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: 42% compared to 52% for all occupations
    • Women: 57% 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: 7% compared to 20% 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: 21% compared to 24% for all occupations
    • bachelor's degree: 40% compared to 16% for all occupations
    • university certificate, degree or diploma above bachelor level: 28% compared to 9% for all occupations

Breakdown by region

Explore job prospects in Québec by economic region.

Legend

0 out of 5 stars
Undetermined
1 out of 5 stars
Very limited
2 out of 5 stars
Limited
3 out of 5 stars
Moderate
4 out of 5 stars
Good
5 out of 5 stars
Very good

Source Labour Market Information | Prospects Methodology

Labour market conditions over the next 10 years

Explore current and future job prospects for people working as an "accountant" Financial auditors and accountants (NOC 11100) or Canada.

Learn more

Labour Market Information Survey
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