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.’
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
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Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.
Kevin Reed discusses whether new accountancy group Cogital can rival the Big Four...and its likely direction of travel