Beware accountants bearing morals – it may be “nicewash”

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When a professional adviser, such as a lawyer or an accountant, starts to talk about morality, it’s invariably time to start counting the spoons.So it’s with interest that we see that Jeremy Nicholls, chief executive of the Social Return on Investment Network (SROI) has written a piece for the Institute of Chartered Accountants Scotland (ICAS) headlined “Taking account of moral issues.”

Mr Nicholls thesis is summarised thus: “It’s time we prepared company accounts to meet the needs of a moral investor.” No one should argue with that. Though to check the value of a statement one should always consider whether anyone seriously holds an opposing view – who might consider that company accounts should be prepared to meet the interests of the immoral?

This article originally appeared on Impact Investor. Read more…

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