ACCA research report no. 119
Robert Blackburn
Kingston University
Peter Carey
Monash University
George A. Tanewski
Monash University
Small business owner-managers have been shown to be reluctant seekers of advice and support, although accountants have been consistently identified as a key source of advice for SMEs.
The main reasons that SMEs seek advice from accountants are for compliance and taxation reporting purposes. Both the evidence and a priori thinking suggest that this may help to form a basis for providing subsequent forms of business advice.