Accountancy Becoming a 'Closed Shop' for the Rich

Summary


Midlands accountancy firms have been urged to look beyond degree qualifications after a government report revealed that the profession is becoming a "closed shop" for the rich.

Birmingham-based Reynolds and Co said it was concerned that the region's accountancy practices were not following the advice of a new government report suggesting that breaking into the accountancy profession was becoming increasingly difficult for low-income families because applicants with no degree qualifications were being turned down.

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Extract


Accountancy Becoming a 'Closed Shop' for the Rich

The government report into social mobility found that top professions were being closed off to all but the most af...

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