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Is diversity stalling?
Ethnic diversity at the top 10 accountancy firms has stalled, showing little growth over the past two years, according to a new study by Accountancy magazine.
It says that any improvements have been so marginal that it could be argued that no progress has been made since its last survey in 2016.
The most inclusive firm is EY, which has the largest percentage of BAME partners and staff. The Big 4 company has 63 BAME partners (9.3%) and 2,908 BAME staff (30.2%).
Smith & Williamson, BDO and Grant Thornton have all suffered losses across the various staff grades with the rest of the firms seeing snail-like growth, said Accountancy’s Amy Austin.
The survey found that 6% of top 10 partners come from the BAME community. That amounts to 260 out of 4,092 partners.
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