purplecat: Hand Drawn picture of a Toy Cat (Default)
[personal profile] purplecat
Interesting criticism of the Browne report although I'm not qualified to comment on whether it's pessimism over the interaction of market forces and "culture" are justified.

This entry was originally posted at http://purplecat.dreamwidth.org/28511.html.

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Date: 2010-12-14 08:11 pm (UTC)
From: [identity profile] philmophlegm.livejournal.com
We (and all other accountancy firms) outsource the academic aspects of accountancy training but keep the practical training in-house and on-the-job. Non-graduates we take on do AAT training (accounting technician) which is seen as more than degree-equivalent anyway. Once they're AAT-qualifed, they move on to ACA (chartered accountancy).

I quite like the idea of company training = degree, but the problem for most industries would be "Hang on, if we train people up, and then award them a marketable qualification, won't they just bugger off and go and work for the competition?" For accountancy firms, lots of people leave when they qualify, but the accountancy firms' pyramid-shaped hierarchies are built to accommodate this (and alumni often end up as customers).
Edited Date: 2010-12-14 08:40 pm (UTC)

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