Gender Inequality In The Accounting Profession

2344 words - 9 pages

RESEARCH:
This formal report will utilize mainly online resources will attain information on gender inequality. These sources will include scholarly articles and reports, journals, statistics on the relevant topic, and some print sources that can be accessed from the internet.
BACKGROUND:
For centuries there has been gender discrimination and inequality, most often towards women. At one time or another, in many different counties, there have been laws that denied women the right to go to school, to travel, the right to hold property, to enter certain occupations, and many others. Since the 1960s, American society has made great progress towards gender equality. Women’s rate of employment has dramatically increased, gender discrimination in both employment and education is illegal, and women now (surpass) men in college graduation rates. However, gender inequality remains in the United States. One type of gender inequality most talked about and that will be discussed in this report is that of the workplace. Gender inequality can found in many different fields and different positions around the world. This report will show findings of gender inequality in the accounting field.
The first research done on the topic by the American Institute of Certified Public Accountants (AICPA) was in 1993. According to this study titled Women’s Status and Work/Family Issues in Public Accounting, women hired into public accounting firms were not progressing up the ranks as quickly or in the same volume as men in the field were. Since this survey, many others have researched into this and it has been found that women are still to this day, 20 years later, not progressing up to higher ranks at the same rate at which they were hired. (Single)
RESEARCH FINDINGS: FACTORS STUDIED & FINDINGS:
Gender Inequality in the Accounting Profession
From my extensive research, I have found that there is gender inequality in the accounting field. Research suggests a few reasons for this, such as the “mommy track”, and the idea that a successful accounting executive have what society considers masculine attributes.
The “mommy track” is the idea that women will put family life in high priority, therefore work like and success may suffer. It is a socially acceptable practice in the United States for women to put aside their careers to help the family and to raise the kids. If women take more time off to have kids they may lose experience and other skills necessary to be an executive. This could explain why women are not promoted up the ranks as quickly as men in the accounting field.
Another reason why women may not be promoted as often or as quickly as men may be due to personality characteristics. According to research, a successful career in accounting calls for traits such as being assertive, competitive, aggressive, confidence and others. These traits are stereotypically associated with masculinity. (O’Neill and O’Reilly) This idea may lead management to overlook women who...

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