The revelation comes from a recent survey of UK directors by Oxford-based finance and accountancy recruitment company, Stephen Beagent Associates, which showed that only 2% believed that the Internet poses a serious competitive threat.
This is despite the fact that one in 10 UK households now shop online, which is predicted to rise to 43 million households across Europe by 2003.
Stephen Beagent said: ‘Finance personnel should rise to the challenge that e-commerce poses. We are seeing an increase in demand for dynamic qualified personnel from Internet-based start-up companies who are looking to grow dramatically over the next two or three years.’
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel
Leader: Why Connolly’s new venture is unlikely to chase Big Four; or follow failed consolidator model
A new accounting group headed by John Connolly and funded by HGCapital will be wary of pitfalls befallen of previous consolidators
RSM has appointed Mark Wood as an associate director in the consulting practice
Accountancy Age is hosting a LIVE web seminar on a major issue for modern practices: how to develop value-added services coherently, sensibly and strategically