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Small business publications
About ACCA’s smAll business unit                                                  online

ACCA has over 100 years’ experience of working with the                           Visit the small business section of our website, which
SME sector. As a professional body we lobby governments,                          contains extensive resources which are part of our active
regulators and standard setters in the long-term interest of                      programme of aligning ACCA as the accountancy body
a healthy SME sector, and we support professional                                 most closely affiliated with small business.
accountants so that they can continue to function as the
sector’s most trusted business advisers.                                          www.accaglobal.com/smallbusiness




Policy papers



                                         A Digital Agenda for European                                                   Coming of Age: What Next for the
                                         SMEs (2011)                                                                     UK Regulatory Reform Agenda?
                                         Summarises the views of ACCA’s                                                  (2011)
                                         European members who work in                                                    Based on a template of regulation-
 AccountAnts for business


 A digital agenda for European SMEs
                                         the SME sector and presents a             AccountAnts for business


                                                                                   Coming of age: what next for the UK
                                                                                                                         as-taxation, it builds on first
                                         series of recommendations aimed           regulatory reform agenda?
                                                                                                                         principles to discuss the
                                         at increasing the uptake of digital                                             fundamental shortcomings of the
                                         solutions by European small firms.                                              UK’s Better Regulation programme
                                                                                                                         and how it can be reformed.




                                         Framing the Debate: Basel III and                                               Small Business: A Global Agenda
                                         SMEs (2011)                                                                     (2010)
                                         Policymakers still know little about                                            Reviews small and medium-sized
                                         the potential impact of Basel III on                                            enterprises and their needs for the
AccountAncy futures


Framing the debate: Basel III and SMEs
                                         lending to SMEs, apart from the          AccountAnts for business


                                                                                  Small business: a global agenda
                                                                                                                         benefit of those involved in the
                                         fact that it will be disproportionate.                                          design of policy, regulation and
                                         With the sector contributing half of                                            business support around the
                                         the world’s private-sector output,                                              world.
                                         this uncertainty renders all existing
                                         impact assessments virtually
                                         irrelevant.


                                         The Future of Microfinance in                                                   Supporting Enterprise Globally
                                         Kenya (2011)                                                                    (2010)
                                         ACCA’s conference, ‘Better                                                      Outlines ACCA’s active research
                                         Business Kenya 2011’, considered                                                programme, derived policy
AccountAncy futures


The future of microfinance in Kenya
                                         the prospects of the microfinance        AccountAnts for business


                                                                                  Supporting enterprise globally
                                                                                                                         positions and case studies from
                                         industry. This paper summarises                                                 across the world of how we engage
                                         the resulting insights into four                                                with the SME sector, identifying
                                         recommendations for the present                                                 some key issues that should be
                                         and future leaders of the industry                                              high up on the SME agenda of
                                         in Kenya.                                                                       governments, regulators, and
                                                                                                                         standard setters across the world.
ContACts

Rosana Mirkovic, senior policy adviser
+44 (0) 20 7059 5735
rosana.mirkovic@accaglobal.com

Emmanouil Schizas, senior policy adviser
+ 44 (0) 20 7059 5619
emmanouil.schizas@accaglobal.com




Research papers



  Research report 123
                                                Business Advice to SMEs: Human           research report 118
                                                                                                                                           Accountants as Providers of
                                                Resources and Employment (2011)                                                            Support and Advice to SMEs in
  Business Advice to SMEs:                      Investigates the type of support in      Accountants as Providers of                       Malaysia (2010)
  Human Resources and                                                                    Support and Advice to SMEs
  Employment                                    the areas of human resources and         in Malaysia                                       This examines the business model
                                                employment advice, accountants                                                             for accountants in small practices
                                                in small and medium-sized                                                                  in Malaysia offering support and
                                                accountancy practices provide for                                                          advice to SMEs. It provides
                                                their SME clients                                                                          guidance for government agencies
                                                                                                                                           developing initiatives intended to
                                                                                                                                           support SMEs, especially within
                                                                                                                                           the Asian-Pacific region.


  Research report 119
                                                Business Advice to SMEs:                                                                   Small Business Finance and the
                                                Professional Competence, Trust                                                             Recovery: Results of the 2010 SME
  Business Advice to SMEs:                      and Ethics (2010)                                                                          Credit and Finance Surveys (2010)
  Professional Competence,
  Trust and Ethics                              Presents the results of a survey                                                           In the summer of 2010, ACCA and
                                                into the demand for business          AccountAncy futures


                                                                                      Small business finance and the recovery
                                                                                                                                           the CBI joined forces to make an
                                                services from accountants. The        results of the 2010 sMe credit And finAnce surveys
                                                                                                                                           evidence-based contribution to the
                                                data from interviews with                                                                  debate about how to finance a
                                                accountants and small business                                                             private sector recovery in the UK.
                                                owner-managers in Australia and                                                            This report presents the findings
                                                the UK provide an insight into                                                             of this joint research.
                                                advice-seeking behaviour of SMEs.     A joint report from ACCA and the CBI




                                                SMEs: Rebuilding a Foundation for        research report 113
                                                                                                                                           Conceptualising Self-employment
 SMALL AND MEDIUM-SIZED ENTERPRISES:
                                                Post-recovery Growth (2010)                                                                Income in the UK (2010)
 REBUILDING A FOUNDATION
 FOR POST-RECOVERY GROWTH                       Report of a survey of more than          Conceptualising Self-employment                   Explains the financial rewards of
                                                                                         Income in the UK
                                                1,750 SMEs from six international                                                          self-employment, develops the
                                                markets: Canada, China, Italy,                                                             understanding of the concept of
                                                Singapore, South Africa, and the                                                           income, and presents policy-
                                                UK, conducted by Forbes Insights                                                           recommendations.
                                                in October 2010. The survey was
                                                carried out in association with
                         IN ASSOCIATION WITH:
                                                ACCA, CGA-Canada and CNDCEC.
About ACCA


ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer
business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a
rewarding career in accountancy, finance and management.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and
accountability. We believe that accountants bring value to economies in all stages of development. We aim to develop capacity
in the profession and encourage the adoption of consistent global standards. Our values are aligned to the needs of employers
in all sectors and we ensure that, through our qualifications, we prepare accountants for business. We work to open up the
profession to people of all backgrounds and remove artificial barriers to entry, ensuring that our qualifications and their
delivery meet the diverse needs of trainee professionals and their employers.

We support our 147,000 members and 424,000 students in 170 countries, helping them to develop successful careers in
accounting and business, and equipping them with the skills required by employers. We work through a network of 83 offices
and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and
development. Through our public interest remit, we promote the appropriate regulation of accounting. We also conduct
relevant research to ensure that the reputation and influence of the accountancy profession continues to grow, proving its
public value in society.




© ACCA, December 2011




POL-FLY-SBP



ACCA 29 Lincoln's Inn Fields London WC2A 3EE United Kingdom / +44 (0)20 7059 5000 / www.accaglobal.com

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  • 2. About ACCA’s smAll business unit online ACCA has over 100 years’ experience of working with the Visit the small business section of our website, which SME sector. As a professional body we lobby governments, contains extensive resources which are part of our active regulators and standard setters in the long-term interest of programme of aligning ACCA as the accountancy body a healthy SME sector, and we support professional most closely affiliated with small business. accountants so that they can continue to function as the sector’s most trusted business advisers. www.accaglobal.com/smallbusiness Policy papers A Digital Agenda for European Coming of Age: What Next for the SMEs (2011) UK Regulatory Reform Agenda? Summarises the views of ACCA’s (2011) European members who work in Based on a template of regulation- AccountAnts for business A digital agenda for European SMEs the SME sector and presents a AccountAnts for business Coming of age: what next for the UK as-taxation, it builds on first series of recommendations aimed regulatory reform agenda? principles to discuss the at increasing the uptake of digital fundamental shortcomings of the solutions by European small firms. UK’s Better Regulation programme and how it can be reformed. Framing the Debate: Basel III and Small Business: A Global Agenda SMEs (2011) (2010) Policymakers still know little about Reviews small and medium-sized the potential impact of Basel III on enterprises and their needs for the AccountAncy futures Framing the debate: Basel III and SMEs lending to SMEs, apart from the AccountAnts for business Small business: a global agenda benefit of those involved in the fact that it will be disproportionate. design of policy, regulation and With the sector contributing half of business support around the the world’s private-sector output, world. this uncertainty renders all existing impact assessments virtually irrelevant. The Future of Microfinance in Supporting Enterprise Globally Kenya (2011) (2010) ACCA’s conference, ‘Better Outlines ACCA’s active research Business Kenya 2011’, considered programme, derived policy AccountAncy futures The future of microfinance in Kenya the prospects of the microfinance AccountAnts for business Supporting enterprise globally positions and case studies from industry. This paper summarises across the world of how we engage the resulting insights into four with the SME sector, identifying recommendations for the present some key issues that should be and future leaders of the industry high up on the SME agenda of in Kenya. governments, regulators, and standard setters across the world.
  • 3. ContACts Rosana Mirkovic, senior policy adviser +44 (0) 20 7059 5735 rosana.mirkovic@accaglobal.com Emmanouil Schizas, senior policy adviser + 44 (0) 20 7059 5619 emmanouil.schizas@accaglobal.com Research papers Research report 123 Business Advice to SMEs: Human research report 118 Accountants as Providers of Resources and Employment (2011) Support and Advice to SMEs in Business Advice to SMEs: Investigates the type of support in Accountants as Providers of Malaysia (2010) Human Resources and Support and Advice to SMEs Employment the areas of human resources and in Malaysia This examines the business model employment advice, accountants for accountants in small practices in small and medium-sized in Malaysia offering support and accountancy practices provide for advice to SMEs. It provides their SME clients guidance for government agencies developing initiatives intended to support SMEs, especially within the Asian-Pacific region. Research report 119 Business Advice to SMEs: Small Business Finance and the Professional Competence, Trust Recovery: Results of the 2010 SME Business Advice to SMEs: and Ethics (2010) Credit and Finance Surveys (2010) Professional Competence, Trust and Ethics Presents the results of a survey In the summer of 2010, ACCA and into the demand for business AccountAncy futures Small business finance and the recovery the CBI joined forces to make an services from accountants. The results of the 2010 sMe credit And finAnce surveys evidence-based contribution to the data from interviews with debate about how to finance a accountants and small business private sector recovery in the UK. owner-managers in Australia and This report presents the findings the UK provide an insight into of this joint research. advice-seeking behaviour of SMEs. A joint report from ACCA and the CBI SMEs: Rebuilding a Foundation for research report 113 Conceptualising Self-employment SMALL AND MEDIUM-SIZED ENTERPRISES: Post-recovery Growth (2010) Income in the UK (2010) REBUILDING A FOUNDATION FOR POST-RECOVERY GROWTH Report of a survey of more than Conceptualising Self-employment Explains the financial rewards of Income in the UK 1,750 SMEs from six international self-employment, develops the markets: Canada, China, Italy, understanding of the concept of Singapore, South Africa, and the income, and presents policy- UK, conducted by Forbes Insights recommendations. in October 2010. The survey was carried out in association with IN ASSOCIATION WITH: ACCA, CGA-Canada and CNDCEC.
  • 4. About ACCA ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants. We aim to offer business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management. Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. We believe that accountants bring value to economies in all stages of development. We aim to develop capacity in the profession and encourage the adoption of consistent global standards. Our values are aligned to the needs of employers in all sectors and we ensure that, through our qualifications, we prepare accountants for business. We work to open up the profession to people of all backgrounds and remove artificial barriers to entry, ensuring that our qualifications and their delivery meet the diverse needs of trainee professionals and their employers. We support our 147,000 members and 424,000 students in 170 countries, helping them to develop successful careers in accounting and business, and equipping them with the skills required by employers. We work through a network of 83 offices and centres and more than 8,500 Approved Employers worldwide, who provide high standards of employee learning and development. Through our public interest remit, we promote the appropriate regulation of accounting. We also conduct relevant research to ensure that the reputation and influence of the accountancy profession continues to grow, proving its public value in society. © ACCA, December 2011 POL-FLY-SBP ACCA 29 Lincoln's Inn Fields London WC2A 3EE United Kingdom / +44 (0)20 7059 5000 / www.accaglobal.com