Christmas Season Brings Little Seasonal Cheer For Accountants

Thu, 02 Dec 2010

Accountants in the UK find Christmas the toughest time of the year, according to the Chartered Accountants Benevolent Association (CABA).

The accounting charity, which helps support chartered accountants and their families through difficult and challenging times, said demand for its services peaks in December and continues through the winter months, as accountancy professionals struggle to deal with work, debt and relationship issues.

CABA chief executive Kath Haines explained that the festive season "brings little seasonal cheer for many accountants" who find it hard to cope with the numerous end-of-year difficulties.

"There are obvious professional pressures with many businesses having their financial year ends in December," she added. "Frequently added to this are the family relationships and financial problems that Christmas brings."

"At the moment, some people will also be able to add fear of redundancy into that mix and others will react by misusing drink and drugs."

"It is easy to see why it is the toughest time of year for many accountants ."

CABA has been providing practical and emotional support, as well as financial assistance, to members of the Institute of Chartered Accountants in England and Wales (ICAEW) and their families for over one hundred years.
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