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The Priesthood of IndustryThe Rise of the Professional Accountant in British Management$
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Derek Matthews, Malcolm Anderson, and John Richard Edwards

Print publication date: 1998

Print ISBN-13: 9780198289609

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198289609.001.0001

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Rise of the ‘Priesthood’ in the Post-Second World War Era

Rise of the ‘Priesthood’ in the Post-Second World War Era

(p.183) 6 Rise of the ‘Priesthood’ in the Post-Second World War Era
The Priesthood of Industry




Oxford University Press

The chapter focuses on the changing roles of accountants and their continued dominance in the industry. After the Second World War, accountants continued to be influential and important in different industries and government. Accounting firms continued to increase in size and became more aggressive during the post-war period. Their business involvement included auditing, taxation, insolvency, and consultancy. Auditing remained the top fee earner for these accountants. Moreover, accountancy firms and individuals transferred from public practice into businesses. Some accountants even rose to the top of the corporate ladder as finance directors as well as chief executives for big companies.

Keywords:   accountants, Second World War, auditing, taxation, insolvency, consultancy, finance directors

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