Accountants are employed by companies and individuals to assist with various business issues. They can be involved in detecting fraud, providing advice on tax issues, analysing profit and loss and generally ensuring that all the numbers add up. Moreover, they serve to pinpoint precisely where companies are making and losing money.
It’s an accountant’s responsibility to know the economy inside-out, so that they can help the company to obtain as much of their profits as possible.
Business studies
Maths
Economics
Analytics
Numeracy
Problem solving
Tax & Auditing
Forecasting
Forensic accountant
There are around 812,500 people employed in accounting roles across the UK. 432,000 worked as in-house accountants within a firm, whilst a further 181,000 worked as accounting professionals in specialist firms that deal solely with accountancy. This means that the majority of accountants obtain jobs within a larger company.
All sectors in the UK employed in-house accountants, demonstrating their central importance within all kinds of economic activities.
There are approximately 22,000 registered accountancy firms within the UK.
PwC, Deloitte, EY and KPMG remain some of the largest employers of accountant within the country.
The Institute of Chartered Accountants have 149,300 members.
Females now make up around 36% of the workforce, which is up from 34% 2 years ago. Currently 49% of students on accountancy courses are female, so the numbers may rise further in the future.