Accountancy profession dealt blow by The Apprentice?

This week saw the start of the latest series of The Apprentice. Personally I can’t bear to watch it, as I have little patience for the muppets purporting to represent the best of the UK’s business and entrepreneurial minds. Each series, I start out with the aim to be patient and not judge, and I never get past the first episode. In fact I actually timed it – three minutes and that was me gone.

However, my twitter timeline was full of commentary, so it didn’t take me long to find out that an Accountant was the first casualty. A blow to the reputation of the accountancy profession that I spend so much of my time working with was my immediate thought. However it seems the opposite may well be true as evidenced by the following article that appeared on industry website accountancyage.com the following day.

Has The Apprentice damaged accountancy’s reputation?
Kevin Reed

ED HUNTER made himself look a bit silly on The Apprentice last night.

The PwC/ICAEW qualified accountant was the first of the 16 bluff business bombasts unceremoniously booted off the show.

There is certainly an argument that he did the image of the profession no favours in terms of his attitude to his qualification (wants to move away from accountancy as quickly and as far as possible).

He also talked of being a businessman, entrepreneur, which was nothing to do with being an accountant. Again, not great PR for an industry that should play a vital role in steering the course of businesses through stormy waters to great riches.

Hunter also let himself down by failing to realise that a big market for his orange juice would be the breakfast pre-work market… But we’re talking about Hunter here, rather than the show in general.

The most interesting thing to come out of last night’s show was Lord Sugar’s defence of the profession.

Hunter had failed to use his accounting skills in the task, said Sir Alan. He pointed out that the majority of senior businesspeople and executives come from an accounting background. Even the ICAEW was moved this morning to point out that it remains the most popular breeding ground for future CEOs with 14 of the FTSE 100 chief execs qualifying with ICAEW, compared with 11 last year.

If anything, it felt to me as if Sir Alan was making an effort to convince the TV audience that he was most let down by Ed because he had a great skillset at his disposal, tools that should have given him a head-start on the others.

Overall, I thought The Apprentice was a good advert for the profession – albeit a net gain.

A great result, if you ask me.

Sara

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