FIRMS in the Tees Valley have been urged to train more chartered accountants to help boost the local economy once the recession is over.
The call comes from business adviser Rob Tindle, who says the area has suffered a steady decline in trainees studying for the prestigious ACA qualification of the Institute of Chartered Accountants in England and Wales (ICAEW) in recent years.
"ACA student numbers in Tees Valley have been falling since the big accountancy firms closed their offices in Middlesbrough and moved staff to Newcastle," said Mr Tindle, who runs an accountancy firm on Teesside.
Mr Tindle, a committee member and former chairman of the Teesside Society of Chartered Accountants, recently organised a training briefing for local firms by Lorna Hansell, the ICAEW’s regional business development manager.
"Lorna was able to dispel some of the popular misconceptions about training ACAs and we hope to follow this up with a Tees Valley training event to reinforce the message," he said.
"Unless we act now, the future of the accountancy sector on Teesside will be uncertain, with local businesses being forced to go to Newcastle or even as far afield as Leeds for high quality professional advice."
One local practice has already risen to the challenge. Graeme Boagey, a partner at Middlesbrough-based Chipchase Manners, said the firm had taken on two trainee chartered accountants after a gap of several years.
For more information visit www.icaew.com/training