Current financial problems to put accountants in high demand
News Article - 23 September 2008
Category:
Business
The current problems in the financial world mean accountancy
skills will be in high demand, according to the Higher Education
Careers Service Unit (HECSU).
Charlie Ball, deputy director of research at the unit, said that
while it may be "a little bit less straight forward" now for those
who want to move into investment banking, "for accountants it might
not be quite as gloomy as that".
He pointed out that it will be accountants who deal with all of the
collapses and mergers, like Lehman Brothers and HBOS/Lloyds.
"It's accountants who are going to have to deal with the financial
implications of all of that, it's accountants who are going to have
to scrutinise the bottom line, accountants who are going to have to
pick up all the pieces," he said.
Mr Ball does not believe that there will be the same options
available to potential accountants as there were a few months ago,
but still believes they have options.
However, KPMG said that its permanent placements in August fell at
their steepest rate since November 2001.
Article keywords:
accountants, accountancy, HECSU
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