Accountancy firms halt recruitment as credit crunch takes toll
Over half (57%) of the top 100 accountancy firms say they are going to decrease or keep staff levels the same next year, according to recent research by web recruiter cvmail. Whilst only 5% of accountancy firms said they actually intended to cut headcount, this nevertheless represents the first pause in growth since since 9/11.
“The effect of the credit crunch on top accountancy firms has been felt in a slowdown in corporate finance work and may feed through into consultancy work,” said Andy Eddleston, commercial manager at cvmail.
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fish
what has selling fish got to do with anything ?
Who wants to?
Who wants to work in a big accountancy practice.Boring!!!!!If you are totally unimaginative or desparate or a high-flying partnership candidate willing to sell your sole,this might be where to go
Re
I think the only time when working in an accountancy firm is of any use is when one requires the necessary training as a financial accountant. However, I would advise any young aspiring management accountant to go into corporations that are into trading, manufacturing or retailing worldwide and beef up their linguistic skills with at least one European language and one Asian language under their belt and venture into areas like global business.
There is more to one's career path than going to accounting firms which seem to narrow one's options in having a successful entrepreneurial career. Heck did the three richest men in the world join accounting firms to be successful?
Not depressed! Interim management can help
This could be good news for the interim management industry because we can provide the flexible resources to help an accountancy practice handle the peaks and troughs of client servicing.
There are many good quality highly experienced accountants looking for short term project work - if you know where to look!
Regards
Simon Marchant-Jones
Head of Practice
AshtonPenney Interim