Rugby-based charity marks 140 years of supporting the accountancy profession as pressures remain high

Founded in 1886 after a group of ICAEW council members personally stepped in to gift £50 to a junior colleague suffering from a terminal illness, the Chartered Accountants’ Benevolent Association has been there for generations of accountants and their families ever since.

In the past 20 years alone, it has spent more than £37 million supporting those in need, including financial grants, counselling, career coaching and practical advice.

The milestone comes as recent research from caba highlights the pressures facing today’s accountancy professionals. 67% of accountants say they have suffered from stress in their career, and 41% say burnout has become a normalised part of the profession.

Dr Cristian Holmes, Chief Executive at caba, said: “caba exists to make sure no one has to shoulder these burdens alone. At a time when the profession is navigating some of its biggest changes and challenges, we’re proud to continue providing practical, confidential support to those who need it.”

caba has a long and rich history, and a close association with ICAEW. Among those shaping caba’s early years were some of the most recognisable names in accountancy, including the chairman of the inaugural meeting, William Welch Deloitte.

Shauna Robinson (FCA), Deloitte partner and ICAEW Council member, said: “Deloitte has a long history of being connected to caba’s story. Our own founder, William Welch Deloitte, played a key role in the charity’s earliest days and served as caba’s president until just before his death in 1898, reflecting the profession’s long tradition of supporting its community.”

Derek Blair, Patron of caba and President of the ICAEW, said: “caba’s focus on hardship and poor health reflects the importance of offering meaningful support when it matters the most. Too often, caba has been described as a ‘best kept secret’. It should not be. Ensuring that people know help is available and feel able to access it without stigma or shame, is essential if caba is to fulfil its purpose”

Support from caba is free and given in the strictest confidence. Call (01788) 556366, email [email protected] or visit https://www.caba.org.uk/with-you.html