Working through your CIMA qualifications can be difficult and stressful, there is a lot of information to process and study. To help you get through your qualifications I have developed 7 interesting facts that will help you motivate you to the finish line:
1) In terms of employment statistics, the US Department of Labor Of the workforce estimates that there will be an 11% increase in counters in the US. Between 2014-2024. Incredible considering that there were 1,332,700 accountants registered in 2014!
2) In money counters received an average 12% bonus in the UK last year. 4% more than the last 8 years average!
3) Accountants have the potential to earn £ 26,000- £ 50,000 onwards. In the first two years, a public accountant can earn up to £ 47,900 more bonuses. The average business accountant in Great Britain earns an impressive £ 90,800.
4) On the up! In recent data, net profit margins for the average company in the accounting category rose to 22 percent in 2015 from 18 percent in 2014.
5) A new Sageworks report found that the average private company offering services ranging from accounting, tax preparation, accounting or payroll increased its sales by an annual rate of 12% by 2015, a higher growth rate than Private companies in general!
6) There are over 2,000,000 meters on the planet. However, with less than 1% of the population, the UK accounts for 13% of the world's counters!
7) Did you know? The likes of Mike Jagger, Eddie Izzard and JP Morgan were all countable. Could you be next in the Hall of Fame?
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