AAT Comment: Mark Farrar, AAT CEO, discusses how we can repair the image of accountancy

AAT_Team
Administrator Posts: 505 🤖 Admin 🤖
Why accountancy’s brand is damaged – and what we can do about it
When UK shadow chancellor John McDonnell suggested at Davos that the big accountancy firm should take a ”Hippocratic oath” to adhere” to the highest ethical standards”, I started thinking about accountancy’s image in the eyes of the public-its brand, if you like.
A lot of talk about money laundering in recent months has focused on accountants, rather than the legal, banking or estate agent fraternities. Then we get headlines about audit issues such as those affecting Carillion – an episode that looks set to run for years...
When UK shadow chancellor John McDonnell suggested at Davos that the big accountancy firm should take a ”Hippocratic oath” to adhere” to the highest ethical standards”, I started thinking about accountancy’s image in the eyes of the public-its brand, if you like.
A lot of talk about money laundering in recent months has focused on accountants, rather than the legal, banking or estate agent fraternities. Then we get headlines about audit issues such as those affecting Carillion – an episode that looks set to run for years...
Full article

0
Categories
- All Categories
- 1.3K Books to buy and sell
- 2.3K General discussion
- 12.5K For AAT students
- 367 NEW! Qualifications 2022
- 175 General Qualifications 2022 discussion
- 15 AAT Level 2 Certificate in Accounting
- 68 AAT Level 3 Diploma in Accounting
- 102 AAT Level 4 Diploma in Professional Accounting
- 8.9K For accounting professionals
- 23 coronavirus (Covid-19)
- 273 VAT
- 93 Software
- 276 Tax
- 140 Bookkeeping
- 7.2K General accounting discussion
- 206 AAT member discussion
- 3.8K For everyone
- 38 AAT news and announcements
- 345 Feedback for AAT
- 2.8K Chat and off-topic discussion
- 588 Job postings
- 16 Who can benefit from AAT?
- 36 Where can AAT take me?
- 42 Getting started with AAT
- 26 Finding an AAT training provider
- 48 Distance learning and other ways to study AAT
- 25 Apprenticeships
- 66 AAT membership