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SMEs rate accountants as critical to their business

The overwhelming majority of SMEs say that their accountant plays a critical role in their business operation and is their first point of contact. The Count on Accountants research, conducted by Sage, revealed that 91% of SMEs consider that their accountant is a vital adviser to their business, although nearly two-thirds, 64% of accountants believe…
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Only 15% of accountancy firms have net zero targets

Only 15% of accountancy firms have set specific targets to be net zero compliant by 2050, finds research by the Association of Chartered Certified Accountants (ACCA) The global survey asked 3,000 accountants and finance professionals about their firm’s net-zero plans and found that only 38% stated that their organisation will be willing to invest more…
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Accountants are anti money laundering ‘gatekeepers’, says ICAEW

The current anti money laundering (AML) regime’s main objectives fail to capture the important role the accountancy sector plays in acting as a ‘gatekeeper’ to the financial system and preventing criminals from doing business in the UK, says ICAEW The government’s focus on the number of Suspicious Activity Reports the accountancy sector makes misses this…
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Accountants must play key role in application of AI

As artificial intelligence (AI) becomes more mainstream accountants need to lead the way in adopting it as part of environmental, social and governance (ESG) reporting, says the Association of Chartered Certified Accountants (ACCA).   A new report by ACCA and Chartered Accountants Australia and New Zealand (CA ANZ) states that the accountancy profession, with its…
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