Firms have been urged to ensure they are helping their accountants to develop as leaders - or risk them leaving.
A study from the Association of Chartered Certified Accountants (ACCA) revealed that
managers in finance now have higher expectations upon them than ever before, Personnel Today reports.
Despite this, 70 per cent of 3,500 ACCA members polled think that career progression has as much to do with the luck of being in the right place at the right time as it does with talent.
Tony Osude, head of learning and development at the ACCA, said that the finding reveal a lack of systematic coherence regarding the identification and nurture of finance talent.
"Organisations must see finance leadership development as a specialist stream. Training and development should be constructed accordingly, or run alongside general leadership programmes," the publication reports him as saying.
Firms may need to take notice of this sooner rather than later, with the ACCA recently warning that a skills crisis is looming large within the finance industry.
© Adfero Ltd
