Trust in banks, management accountants, lawyers and the internet has plummeted since 2008, according to a survey. “In these difficult times, businesses need information from objective, reliable and trusted parties,” says Jayne Archbold, MD of Sage’s accountants division. The Pulse survey, conducted by the business management software provider, reveals that more than a third – 38 per cent – of SMEs view their accountant as the first port of call for business advice, an increase of five per cent on the previous study. “The fact that accountants have emerged as the most trusted advisor underlines the value they bring to UK firms,” adds Archbold. Other professions, such as management consultants, solicitors and banks fell from 22 per cent, 18 per cent and 24 per cent in 2008 to nine per cent, two per cent and four per cent respectively in 2010. Not unsurprisingly, following the results, accountants are upbeat about their prospects for the future. Indeed, 62 per cent of accountants expect to grow their business during the next three years. What about you – do you trust your accountant the most? Has the recession affected who you go to for advice? Leave your comments below. Related articles:Are you ready for the upturn?Do you trust your bank? Picture source
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.