Most who suffer from imposter syndrome believe that their achievements are the result of “luck,” living in fear that they will be discovered a “phony” by others. CPAs tend to possess certain personality traits that make them prone to imposter syndrome: they are detail-oriented, possess a strong work ethic, and are focused on integrity and accountability. Luckily, there is a way to keep imposter syndrome at bay.
By Amanda Sue Marcy, CPA, DBA
“I do not deserve to work here.” “I am not qualified for this job.” “My co-workers and clients are going to find out that I am inadequate.” Have you ever had thoughts like these? If so, you are not alone.
Imposter syndrome (or imposter phenomenon) is an internal psychological experience where one persistently doubts their abilities or accomplishments despite evidence proving the contrary.1 Most who suffer from imposter syndrome believe that their achievements are the result of “luck” and live in fear that they will be discovered a “phony” by others. It has been estimated that at least 70% of individuals have had an imposter syndrome experience at some point in their lives.2
Common characteristics of imposter syndrome3 can include the following:
High-performers, and more commonly women, are more likely to suffer from imposter syndrome. Approximately 25% to 30% of high-achievers report experiencing imposter syndrome.4 While this feeling may lead some to work harder, overprepare, or spend more time on a task than necessary, it often also correlates to increased anxiety and depression, low self-esteem and self-efficacy, high neuroticism, low conscientiousness, and proneness to shame.5 Prolonged exposure to impostorism in the workplace can lead to increased levels of stress and burnout, and decreased job performance and satisfaction.
Valerie Young, EdD, an imposter syndrome expert, classifies imposter syndrome into five core types:6
Given its culture, the public accounting profession could be considered a breeding ground for imposter syndrome. By that I mean CPAs tend to possess certain personality traits prone to imposter syndrome: they tend to be more detail-oriented, highly organized, and meticulous; they possess an efficient work ethic and strive to stay abreast of changes in standards, laws, and regulations; and they are focused on honesty, integrity, and accountability. Additionally, the CPA licensure requirement to maintain an adequate level of competence based on continued education, training, and experience could feed feelings of inadequacy. Furthermore, high levels of employee turnover experienced by public accounting firms recently due to retirements may be moving younger professionals into additional roles and responsibilities before they truly feel competent to do so. Altogether, this could put public accounting professionals at an increased risk of experiencing the effects of imposter syndrome.
By determining which of the five classifications I outlined above that you may fall into, you can focus on a few simple coping mechanisms. Start with the mantra “I do deserve to work here; I am qualified for my job; and I am more than adequate,” then try these tips to help you stop thinking like an imposter.7
1 https://www.merriam-webster.com/dictionary/impostor%20syndrome. Introduced in the late 1970s by psychologists Pauline R. Clance and Suzanne A. Imes: “The Imposter Phenomenon in High Achieving Women: Dynamics and Therapeutic Intervention.” Psychotherapy: Theory, Research, & Practice, 15, No. 3 (1978): 241–47.
2 https://www.chronicle.com/article/youre-not-fooling-anyone
3 Jaruwan Sakulku, “The Impostor Phenomenon,” The Journal of Behavioral Science, 6, No. 1 (2011): 75-97.
4 https://www.psychologytoday.com/us/basics/imposter-syndrome
5 Joel A. Lane, “The Imposter Phenomenon among Emerging Adults Transitioning into Professional Life: Developing a Grounded Theory,” Adultspan Journal, 14, No. 2 (2015): 114–28.
6 https://www.themuse.com/advice/5-different-types-of-imposter-syndrome-and-5-ways-to-battle-each-one
7 Ibid.
Amanda Sue Marcy, CPA, DBA, is an assistant professor of accounting at the Kania School of Management at the University of Scranton in Scranton, Pa. She can be reached at amanda.marcy@scranton.edu.
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Statements of fact and opinion are the authors’ responsibility alone and do not imply an opinion on the part of PICPA officers or members. The information contained in herein does not constitute accounting, legal, or professional advice. For professional advice, please engage or consult a qualified professional.