Posted 9/24/2023, 11:42:00 PM
CPA Exam Takers in Japan Double Over Past Decade as Demand Rises for Accounting Experts
- Number of Japanese taking CPA exam doubled from 2015 to 2023, exceeding 20,000 for first time in 12 years
- Stronger disclosure and compliance with accounting standards has increased corporate demand for CPAs
- Only 40% of CPAs now work for auditing firms, down from 50% 10 years ago
- 20,318 people took CPA exam in 2023, double the 10,180 in 2015, with consistent ~10% pass rate
- More CPAs finding work outside auditing firms as audit work increasingly difficult