Is the accountancy profession full of crooks and incompetents?

Is the accountancy profession full of crooks...

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On the back of my last question my ‘friend’ (uncle) is now looking for another accountant. As he will be tied up in the coming months it is quite urgent to get another one lined up asap. He’s asked me to assist him finding the right one for his business.

Searching the local area (10 mile radius) is proving impossible.

Most have no website or any online presence.

The one’s that do have either overdue accounts on CH and / or have an abundance of negative reviews on Yell etc. It makes me wonder how the joe public could trust anyone in our profession?!

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By mgandc
08th Jul 2015 12:05

Competitor accounts

I had some spare time a few weeks ago and decided I'd download a competitors accounts from CH.  They had bee doing a of social media marketing and was interested (or nosey!) to see how they were getting on.

Much to my surprise, the balance  sheet from 2013 to 2014 hadn't changed.

He had exactly the same bank balance,debtors, creditor, fixed assets!

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By pawncob
08th Jul 2015 12:09
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RLI
By lionofludesch
08th Jul 2015 12:21

Nobody's as bad as estate agents.

Except bankers, obviously.

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Replying to memyself-eye:
By mrme89
08th Jul 2015 12:22

Top Trumps

lionofludesch wrote:

Nobody's as bad as estate agents.

Except bankers, obviously.

 

Politicians ;-)

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Replying to Tom 7000:
RLI
By lionofludesch
08th Jul 2015 12:33

Oh aye

mrme89 wrote:

lionofludesch wrote:

Nobody's as bad as estate agents.

Except bankers, obviously.

Politicians ;-)

Oh aye.

Forgot those.

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By Mr_awol
08th Jul 2015 12:38

crooks and incompetents

I think these types tend to hide them selves away mainly in very large or very small firms.  In the middle is where common sense generally resides...............

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By Roland195
08th Jul 2015 12:41

Lawyers

A worrying number of MPs, both current & historic studied law if they never practiced it.

As most firms of lawyers are also estate agents I put it to you that the legal profession is the worst.  

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Flag of the Soviet Union
By thevaliant
08th Jul 2015 12:45

In answer to your first line, it is YES. That said, I suspect the other professions mentioned are worse (Lawyers, Estate Agents, Politicians).

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By User deleted
08th Jul 2015 12:51

Accountancy business is full of crooks, accountancy profession is not.

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Sarah Douglas - HouseTree Business Ltd
By sarah douglas
08th Jul 2015 13:25

Yes it is

And clients should be more careful and check.  I get new clients who say I trust you but they barely know me.  I have tried on  to give some references and Professional Membership  for their benefit and they are not interested.   I think they see that as offensive but I don,t I check up on everyone. 

Well talking about bankers and staff this surpasses all decency they have now been sacked but I hope HSBC suffers.   I can,t help feeling they sacked because they were caught .  God only knows what goes on at HSBC.    This makes are profession look like angels.

 

http://www.cityam.com/219609/hsbc-fires-birmingham-staff-after-filming-video-mock-islamic-state-execution

http://www.bbc.co.uk/news/uk-33424034

http://www.dailymail.co.uk/news/article-3151619/Six-HSBC-staff-sacked-filming-ISIS-style-mock-execution-team-building-day-karting-centre.html

 

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By Ken Howard
08th Jul 2015 16:00

" I trust you implicitly"

This sent shivers down my spine when a client emailed me saying "I trust you implicity".  No, I don't want a client to trust me without question.  I want my clients to at least check things out, apply a logic/sanity check to whatever they're told.  It's no surprise that some people get conned if they're so quick to trust people they barely know.

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