Small business in the UK
ACCA represents over 50,000 prfessional accountants in the UK and has over 100 years’ experience in understanding and supporting small firms.
Over the last five years ACCA UK has committed itself to becoming the accountancy body closest to the small business sector. The reasons for ACCA's focus on the small business community include
- SMEs represent over 99% of UK businesses
- accountants are the first-choice advisers of small businesses
- politicians, business leaders and a range of leading opinion formers worldwide recognise the importance of the SME sector for its contribution to employment and growth
- members look to ACCA to represent their interests
- the competitiveness of members in practice and business needs to be enhanced
- small businesses are disparate and need influential allies
- SMEs have different needs to large enterprises, and
- government regulations and policies are often complex and there is a need to monitor, lobby and respond to these on behalf of SMEs.