To compare a call for accountability of a business by demonstration of fiscal performance to the preparedness of an individual to show one’s personal bank details is a pointlessly provocative response against which one can only hope is not representative of practice in general. (Publishing audited annual results)
Perhaps he is forgetting that his clients are his customers, who often feel that it is not unreasonable to select any service on the basis of quality, price and viability of the supplier. To measure the first criteria is easier but often second and third require financial statements to enable a full picture.
These days professional bodies often demonstrate that they are mere collections fallible (but qualified) individuals. Whether these be doctors proved of malpractice hiding behind professional status, architects or engineers letting the public loose on wobbling breeze-effected structures or large accountancy firms just getting it wrong, we must not be afraid of public accountability.
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
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