How Chartered Accountants can change the world & more…Keep up with what has been happening  in our latest accountancy news round-up…

How Chartered Accountants can change the world

In the 1960s, Roy Amara, a computer scientist at Stanford University, told his colleagues that he believed that “we overestimate the impact of technology in the short-term and underestimate the effect in the long run.” Bill Gates said something very similar, when he stated that “most people overestimate what they can achieve in a year and underestimate what they can achieve in ten years.” Iain Wright, Managing Director, Reputation & Influence at ICAEW discusses how Chartered Accountants can change the world.

Recruitment and retention are key challenges for accountancy sector – report

Accountancy firms in Wales are refining the way they attract staff in the face of tough competition for talent. Five accountancy firm leaders interviewed for the October/November 2021 edition of Wales Business Insider magazine named recruitment and retention among the top challenges facing the industry. David Hughes, senior corporate business manager at DSG, based in Flintshire, told Insider: “To support the growth of the firm, we need to attract the right calibre of staff. The competition for talent between the larger national firms and regional firms is very strong.”

Kenneth Murray CA: ‘Awareness, acceptance and accommodation of ADHD on the part of employers would be a powerful statement on inclusivity’

Kenneth Murray CA, Head of Forensic Accounting at Police Scotland discusses being diagnosed with ADHD at 59 and what employers should be doing to destigmatise the neurodiversity. Awareness, acceptance and accommodation of ADHD on the part of employers, especially the big influential ones, would be just about as powerful a statement on inclusivity that I can think of because a lot of people still struggle with neurodiversity. There remains a lot of fear and distrust surrounding it, perhaps in this profession more than most.

Accountancy and Business Advisory firm expands team

Accountancy and business advisory firm Clive Owen, which has offices in Darlington, Durham and York, has grown its team by ten per cent during 2021. The firm has grown from 102 staff in January 2021 to 112 in September 2021. A number of the new recruits were graduates, trainees studying AAT or ACCA and qualified accountants, with roles created in audit and accounting, tax, IT, marketing, payroll, HR and administration.

EY announces the acquisition with Frank Hirth Plc

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