Sharman's five rules for 21st century success: how to stop accountants disappearing
Article Abstract:
Fundamental changes in the practice of accountancy need to be made to ensure the profession's continued survival. One way for accountants to avoid the fate of British miners, whose number dwindled from three quarters of a million in 1945 to less than 10,000 at present, is to evaluate their firms' core competencies and make sure that they are ready for future demands. A second recommended step is to hire professionals who have industry knowledge to meet clients' growing preference for industry-specific expertise. Another helpful measure is for accounting firms to recruit non-accountant professionals in response to the blurring boundaries between professional advisers. It would also benefit accounting practices to improve their knowledge management process and to adopt openness and transparency.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 1997
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On the road with the Revenue
Article Abstract:
The article presents a report by U.K. Revenue and Customs on important issues that came up at the 2007 Tax Faculty roadshows and the agency's efforts to address the problems.
Publication Name: Accountancy
Subject: Business
ISSN: 0001-4664
Year: 2007
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