Friday, September 07, 2018

When Allan was an accountant on the streets

Many years ago I met Allan Kutner at a local club for aspiring speakers. 

Allan was a city-based Chartered Accountant who told a wonderful story about his early years. I encouraged him to send it in to Accountancy Age who duly printed extracts in their ‘Taking Stock’ back cover feature. 

I recently traced a copy that I must have retained over the years and am delighted to be able to record it on this blog for posterity:

Allan’s hope was that his cautionary tale would help others to overcome the stigma and guilt that society instils in accountants.

After exhibiting an early obsession with maths Allan says that he started going up the city and hanging round Threadneedle Street

“I’d go up to business men and ask if they wanted an audit” he writes. “At first they would just look at me disgustedly and rush off. But gradually some would stop and ask ‘how much?’. I would tell them – for a full audit and typed report, £250. But if they just wanted an interim and handwritten report, I’d do it for £50.”

One thing led to another and soon Allan was asked to do a full corporation tax computation, including group relief. “I’d heard of people doing that sort of thing ended up in institutions! I needed help – and fast.”

“I’d heard of an institution that helped people like me. I went along to a meeting of the English ICA. They got me off the backstreet accounting and helped me to lead a decent life.It’s thanks to them I reformed.”

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