RegulationAccounting StandardsInstitutes failing students

Institutes failing students

More than three-quarters of finance directors say the institutes are failing to equip students with key skills

In a discussion on the skills gap on Accountancy Age’s
Insider Business
Club
, 77% of those polled said the institutes are not training students up
to required standards.

Confusingly for the institutes, 75% said the calibre of newly qualified
accountants is as high as ever.

Of those who voted, 82% also said that they are struggling to recruit enough
high quality accountants.

Ray Perry, director of brand at CIMA, said newly qualifieds were ‘improving,
particularly from the perspective of fitness for purpose.’

Mary Campbell, an ICAS council member, said: ‘The concern I have as an
employer is around the lack of commerciality of the youngsters coming through.’

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