BIS: financing a private sector recovery

Comments from ACCA to the Department for Business Innovation & Skills, December 2013.

ACCA welcomes the opportunity to respond to the Government's consultation on Financing a Private Sector Recovery. Consistent with the activities of our membership, our response is focused on the financing conditions facing small and medium-sized enterprises (SMEs) and on the solutions that we believe are most suitable for such businesses.

Accountants are the financial advisers of choice for small and medium-sized enterprises; as such our members in the UK and around the world have been at the forefront of business support in these challenging times and will continue to support SMEs through the recovery. Our response is also guided by the views of the ACCA SME Committee, an independent panel that brings together small business owners, practicing accountants, leading academics, small business representative bodies and lenders. It is the only non-governmental group that encompasses such a broad membership.

Our full response is available in the PDF in the Related documents box at the bottom of this page.