Are accountancy firms less interested in advancing women than law firms?
Accountancy firms' ability to shed staff is a bit of a hobby horse of mine so I was interested to chat to a gender diversity consultant (no, really) at yesterday's launch of the Women in the City Awards, which Accountancy Age is again sponsoring.
He (and yes it was a he - I'm trying to anticipate comments here) was doing a lot of work with professional services firms, he said, though within that broad church he was having far greater luck with law firms. Accountancy firms, it seemed, were curiously reluctant to take outside advice on the matter.
Now that, of course, is not clear cut proof that accountancy firms fail to take the issue seriously. Most are, of course, much bigger organisations than their legal counterparts and most have well-resource HR operations. Or more simply they might just not have been impressed with what this particular consultant had to offer.
I hope those are the reasons and a reluctance to engage was not borne of an ivory tower belief that everything is alright when it comes to diversity.
Firms - at the top at least - are still too white and too male. They may be changing but the pace of change is slow.
Women account for 23% of the ICAEW's membership for instance. Yet less than 10% of partners at firms ranked in Accountancy Age's 2007 Top 50 are women. Four have no female partners at all.
At the firms that provided information on ethnicity (only 40% did so) less than 6% were drawn from ethnic minorities.
Outside consultancy may not be the answer but I hope this year's Top 50 shows firms are heading in the right direction.



IF YOU HAVE DONE A STUDY ON ACCOUNTANCY FIRMS BEING LESS INTERESTED IN ADVANCING WOMEN THAN LAW FIRMS I WOULD BE VERY GRATEFUL IF YOU COULD SEND ME THIS INFORMATION.I WOULD BE HAPPY TO PAY FOR SAME.
THANKING YOU.
CHRISTINA O SHEA
Posted by christina o shea | March 23, 2008 5:20 PM
Christina
It's not something we've looked at before - but it is something we are thinking about doing. We have looked at how many female partners there are in UK accountancy firms (http://www.accountancyage.com/resources/top50) but nothing comparative. I'll blog aboout it when and if we do.
Regards
Damian
Posted by Damian Wild | March 25, 2008 8:58 AM