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Some 61% of accountants approach problem solving creatively, compared to 36% who prioritise logic, according to new data from Dext.
The data was collected from 250 accountants and bookkeepers to evaluate the three modes of thinking in the accounting industry.
Despite Rishi Sunak pledging that mathematics should be compulsory for students in England until the age of 18, Dext’s findings revealed that only 36% of respondents consider themselves convergent thinkers – defined as when solution to a problem can be deduced by applying established rules and logical reasoning.
Additionally, 6% of respondents identified as divergent thinkers, a thought process or method used to generate creative ideas by exploring many possible solutions.
Sabby Gill, CEO of Dext, said: “The role of the accountant is changing. Accountants and bookkeepers are considered to be one of the most trusted professions. And, as trusted advisors, they are required to think both creatively and mathematically.
“Particularly in times of uncertainty, there is a higher demand for accountants to reassure businesses that they are in a strong position. Accountants that can apply creativity to a challenge will see themselves adding value to their client base.”
Another Dext survey of 300 UK accountants and bookkeepers discovered that the majority (44%) of accountants started their career in the industry because they were interested in finance/business, yet over a quarter of respondents don’t think A-level maths is necessary for an accounting career.
Gill added: “A huge driver of this change is accounting automation software, which is taking the hefty admin load and allowing accountants to focus on what really matters – creative and strategic problem solving.
“People want to be able to confide in their accountants for personable and quality advice, so it’s no wonder that more accountants and bookkeepers now consider themselves lateral over convergent thinkers.”
