Produced by caba, an occupational charity partnered with ICAEW, the survey found that over a third (34%) of working accountants were concerned about their future as a result of the cost-of-living crisis.

In addition, three quarters (75%) have already made efforts to reduce their essential expenses, such as food shopping (54%), energy bills (52%), or transport costs (45%).

Due to rising inflation, energy costs, and geopolitical issues like the conflict in Ukraine, many accountants are struggling with their finances.