Accountancy

For each sector, The Better Hiring Institute advisory board appoint a sub-committee of up to ten organisations. The purpose of each sub-committee is to meet with others in your sector for an hour every 6-8 weeks with the aim to discuss how you could potentially standardise for your industry, challenges and issues that you face, and any key themes. This is with a view to harmonise and modernise hiring in the UK labour market. 

If you would like to become a sub-committee member and collaborate with industry and UK GOV specifically on matters that relate to your industry, get in touch.

Get in touch

Who regulates the industry?

Chartered Accountants 

Approved regulators (representative body)

Institute of Chartered Accountants in England and Wales (ICAEW)

There is no separate regulatory body; all decisions relating to legal activity are delegated to the independently chaired ICAEW Regulatory board.

Association of Chartered Certified Accountants (ACCA)

Chartered Institute of Management Accountants (CIMA)

Screening requirements for the industry

  • Identity check
  • Right to work check
  • Credit check
  • Qualification and professional verification check (where applicable)
  • Employment history and reference checks
  • Criminal record disclosure and/or check (if applicable)
  • Financial public record check e.g. CCJs, bankruptcy etc.

Examples of roles and associated checks

Accounting Clerk

  • Right to work check
  • Proof of address
  • Identity check
  • 5 years employment history
  • 3 years referencing
  • Basic criminal record check
  • Relevant/Highest qualification
  • Cifas fraud check (membership req.)

Accountant, Auditor

  • Right to work check
  • Proof of address
  • Identity check
  • 6 years employment history
  • 5 years referencing
  • Standard criminal record check
  • Sanctions check
  • Relevant/Highest qualification
  • Credit check
  • Cifas fraud check (membership req.)
  • Professional qualifications (where applicable)

Chief Financial Officer

  • Right to work check
  • Proof of address
  • Identity check
  • 6 years employment history
  • 5 years referencing
  • Standard criminal record check
  • Sanctions check
  • Relevant/Highest qualification
  • Credit check
  • Cifas fraud check (membership req.)
  • Directorship checks
  • Social media check
  • Adverse media check

Case for change

The absence of an overriding organisation setting standards for hiring across the UK means that there is no singular driving force for change to modernise the labour market by eliminating waste, inefficiency, and poor productivity across all sectors and industries. We want to streamline and modernise hiring and promote safe recruitment across all sectors, including tackling various recruitment fraud, which has increased during COVID.

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What happens if you don't get it right?

Join the subcommittee for your industry.
Get involved.
If you are interested, just let us know! Appoint a representative for your organisation and we will get in touch and facilitate arrangements. Simple as that.
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