Struggle for equal opportunities still rife in financial services

vwreportwriting-1-01-01

Less than one fifth (18.9%) of senior positions in the UK’s top 1000 accounting and finance firms are held by women, a new report has found[1].

Of the 4,771 executive board members, partners and senior accountants identified, only 903 are female with just 73 (1.5%) identifying as being women from black, Asian and minority ethnic (BAME) backgrounds.

The research, conducted by Visible Women, found that nearly two thirds (64%), equivalent to 638 firms, have no women listed as executive board members, partners or senior accountants and nearly all (97.6%) have five or fewer.
While the top 100 firms performed slightly better in terms of overall representation, a third (33%) have no female partners or board members.

Visible Women carried out the report to examine gender diversity in the accounting profession, six years on since the Equality Act (2010). The initiative, run by employment charity Elevation Networks, aims to match women and girls to career opportunities by promoting mentoring, championing role models and creating a network of aspiring and pioneering females.


   CLICK BELOW TO VIEW THE FULL REPORT
vwr-report-screenshot

Visible Women carried out the report to examine gender diversity in the accounting profession, six years on since the Equality Act (2010). The initiative, run by employment charity Elevation Networks, aims to match women and girls to career opportunities by promoting mentoring, championing role models and creating a network of aspiring and pioneering females.

vwreport-quote-01

[1] Elevation Networks conducted a study of the top 1,000 companies engaged in accounting, bookkeeping and auditing activities and tax consultancy work registered in the UK and ranked by reported annual revenues for the year 2015/16.


On November 4th, we are hosting a Women in Finance event. For more information on joining the event, please contact vwrising@elevationnetworks.org or call us on 0207 404 3927.

VWRisingVisible Women
 

Latest News