Accountancy skills shortage worsens

Accountancy skills shortage worsens

Accountancy skills shortages are the worst for any job sector in the UK, according to new research.

Skill shortages stood at 20% across the whole jobs market, while IT shortages made up 10% of the market.

According to those surveyed by Reed Accountancy Personnel, the main impacts included a drop in service standards and increasing pressures on existing staff.

Public sector accountancy shortages, however, have eased as have skills shortages in the charities sector.

‘Over the last twelve months, high levels of skills shortages across the UK and Ireland have had a negative impact on productivity as many companies have found it difficult to find the right people to resource their plans for growth,’ said director of Reed Accountancy Personnel, Richard Post.

‘Accountancy skills shortages remain consistently high and are the major recruitment issue affecting UK businesses today.’

Links

Careers section

Share

Subscribe to get your daily business insights

Resources & Whitepapers

The importance of UX in accounts payable: Often overlooked, always essential
AP

The importance of UX in accounts payable: Often overlooked, always essentia...

1m Kloo

The importance of UX in accounts payable: Often ov...

Embracing user-friendly AP systems can turn the tide, streamlining workflows, enhancing compliance, and opening doors to early payment discounts. Read...

View article
The power of customisation in accounting systems
Accounting Software

The power of customisation in accounting systems

2m Kloo

The power of customisation in accounting systems

Organisations can enhance their financial operations' efficiency, accuracy, and responsiveness by adopting platforms that offer them self-service cust...

View article
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
8 Key metrics to measure to optimise accounts payable efficiency
AP

8 Key metrics to measure to optimise accounts payable efficiency

2m Kloo

8 Key metrics to measure to optimise accounts paya...

Discover how AP dashboards can transform your business by enhancing efficiency and accuracy in tracking key metrics, as revealed by the latest insight...

View article