In the same time, the accountancy profession includes individuals and private companies profit oriented.
The same vulnerabilities exist in accountancy, the law, and even creative industries, like advertising and media.
Fiona Bruce's company Paradox Productions is registered at the same address as Lunn's accountancy firm, but it is thought that Bruce no longer uses his services.
"We can log in at the same time as our clients to streamline accountancy services, working together on everything from bank reconciliation to VAT returns," he says.
John Hawksworth, chief economist at the accountancy firm PwC, has the same concerns, saying the rise in debt-to-income levels "could sow the seeds of the next downturn later in the decade as and when interest rates eventually rise".
After two years he will have taken the first set of accountancy exams and be on the same level as those coming in through the graduate scheme.
The consequence risks being not only higher costs for business, but also conflicts of interest if, as is likely, accountancies find their clients involved in the same bid or tendering for the same business.Barriers to entry are not an uncommon problem in judging mergers.
"I'm currently doing an accountancy course and I can't imagine getting the same rush building a purchase ledger.
But by the time the same director made "The Closet" three years later, he no longer treated accountancy as a joke.
