The Approach

The Oliver Elliot Values give rise to The Oliver Elliot Chartered Accountants Approach which is underpinned by three concepts: Integrity, Transparency and Tenacity. 

 

Integrity

At the cornerstone of the Oliver Elliot Values is Integrity. Everything that we do is aimed at instilling trust. We aim for that with all the stakeholders that we have a responsibility for in whatever service we provide.

What is Integrity?

Integrity has been considered in regulatory law in detail in the matter of Wingate v The Solicitors Regulation Authority [2018] EWCA Civ 366 as follows:

Integrity is a more nebulous concept than honesty. Hence it is less easy to define, as a number of judges have noted.

In professional codes of conduct, the term “integrity” is a useful shorthand to express the higher standards which society expects from professional persons and which the professions expect from their own members.

Integrity connotes adherence to the ethical standards of one’s own profession. That involves more than mere honesty.

The duty to act with integrity applies not only to what professional persons say, but also to what they do.

Obviously, neither courts nor professional tribunals must set unrealistically high standards, as was observed during argument. The duty of integrity does not require professional people to be paragons of virtue. In every instance, professional integrity is linked to the manner in which that particular profession professes to serve the public.

Wingate v The Solicitors Regulation Authority [2018] EWCA Civ 366

Integrity

Openness

The Oliver Elliot Approach is footed on three concepts Integrity, Transparency and Tenacity. Transparency is deployed to demonstrate our Integrity through our openness. The rationale for this is so that it is not just what we say but what we do that counts because “fine words butter no parsnipsGuardian News and Media Ltd, R (on the application of) v City of Westminster Magistrates’ Court [2012] EWCA Civ 420.

 

Professional

We strive to meet all of our clients expectations, to deploy empathy, be conversant in our subject matter, act with expedition and be reliable to execute our functions accordingly. We will therefore assiduously pursue of duties.

 

Objectivity

We may act in a position of trust as a fiduciary and we will therefore at all time maintain our objectivity and independence whilst providing the most effective service for our stakeholders.

 

Confidence

We owe a duty of confidentiality to our stakeholders and we will be resolute in ensuring that such confidence they have in us is maintained.

 

Humanity

Whatever the circumstances with which we are faced, some of which involve taking tough decisions having a direct effect upon the lives of others – we act with the required competence, compassion and consistency.