Karen Brickman, Martin Hiebl, Martin Quinn, Liz Warren,
"Accountants as SME advisors: relevance lost?"
, in Journal of Accounting and Organizational Change, Vol. 20, Nummer 6, Seite(n) 200-222, 10-2024, ISSN: 1832-5912
Original Titel:
Accountants as SME advisors: relevance lost?
Sprache des Titels:
Englisch
Original Kurzfassung:
Purpose: Accountants are portrayed as important advisors of small and medium-sized enterprises (SMEs). However, increasing numbers of SMEs now use software for their transactional and compliance-related accounting work. This latter work is considered to be the ?entry ticket? for accountants serving in advisory roles. This study aims to examine whether the relevance of accountants as advisors to SMEs has been lost. Design/methodology/approach: Drawing on the resource-based view and applying a qualitative cross-sectional field study, interviews with small businesses in the European craft brewing/distilling sector are the data source. Findings: The study?s analysis paints a concerning picture of the use of external accountants by SMEs. While not suggesting that accountants are incapable of offering value-adding advice, the findings suggest that the involvement of potentially value-adding accountants by SMEs is rare. The interviewees note that they would not approach their accountants for advice due to the existence of more cost-attractive alternatives. The study finds that external accountants are not imperfectly imitable and can be substituted, particularly by social media and community groups. Originality/value: To the best of the authors? knowledge, this study is the first to examine the role of accountants in the craft brewing/distilling industry and one of the first to assess empirically the importance of accountants as advisors to SMEs with audit exemptions and to consider the increasing threat of substitution by software. The findings suggest that accountants have lost relevance as advisors to the businesses studied, or have never had much relevance.
Forschungs-