February 15 ,2017 | by Erin O’Neill

Brexit will increase demand for accountants, according to research

Brexit will increase demand for accountants, according to a poll from YouGov commissioned by the Association of Chartered Certified Accountants (ACCA) and the Association of Accounting Technicians (AAT).

The survey, which looked at the attitudes of MPs, found that over 45 per cent believe that the UK’s exit from the EU will have a positive impact on the accountancy profession, as accountants will be able to provide advice to clients on the financial implications of the vote.

Uncertain

Just 23 per cent of respondents believe that Brexit will not have a positive impact on accountancy, whilst 25 per cent said that they were uncertain.

The research highlighted the difference in opinions of MPs when it comes to Brexit, with over 50 per cent believing that EU tax legislation should be immediately reviewed, whilst 18 per cent of respondents disagreed, stating that the UK should wait.

The MPs were also asked about how they feel Brexit will impact larger businesses, with 42 per cent saying that it will not negatively impact businesses and 43 per cent believing that it will.

Confident

Commenting on the research, ACCA Head John Williams said: “It is good to see that MPs are confident that the accountants will rise to the challenge posed to business by the uncertainties of Brexit.”

He added that it is even more important that politicians understand the value that the accountancy profession can bring to the economy of the UK as it enters one of its most profoundly important periods since World War Two.

Erin O’Neill

Erin O’Neill is an LSBF News Writer who reports on small business, careers, technology and education news.

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