Accountancy bodies have been praised for steps they are taking to ensure that the profession becomes less socially exclusive.
A report by the Panel on Fair Access to the Professions found that a smaller proportion of accountants born in 1970 where from low-income families compared to those born in 1958.
Journalism was the only other occupation to show as sharp a fall in social mobility as accountancy.
However, the report singled out the accountancy sector for encouraging people from a range of different backgrounds to enter the profession.
It said: "Many professions have become increasingly concerned about these developments and have taken the lead in developing innovative new levers to prise open the professions. For example, the major accountancy institutes all offer non-graduate routes to entry."
Recently, a study by recruitment consultancy Morgan McKinley revealed that the number of job vacancies in the City of London increased by 20 per cent in June when compared to the previous month.
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