Accountancy by numbers

The accountancy profession contributed a total of £97.7 billion to the economies of the UK and Ireland, according to a new report from CCAB.

Researchers at Oxford Economies found the profession supports over 910,000 jobs and pays £11.7 billion in taxes.

UK businesses spent some £29.3 billion on accounting services in 2022, representing 1.3% of all business-to-business purchases.

For more on the report, see the March issue, out now: https://issuu.com/pqpublishing/docs/pq_mar24_multi

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