in the UK can an unqualified accountant run an accountancy practice and prepare accounts?
(and enter an accountnats statement in the accs)? also can they maintain the company register? is their legally anything an unqualified accountant can't do that a qualified accountant can?
Other - Business & Finance - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Accountancy is an unregulated industry, mostly. So an unqualified can do anything he likes. But all accountants now have to register for the purposes of anti-money laundering. If you have no professional body to register with you have to register with HMRC: http://www.hmrc.gov.uk/mlr/getstarted/register/who.htm There are heavy fines for not registering.
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Tuesday, May 28, 2013
Tuesday, May 14, 2013
How do i become a Chartered Certified Accountant?
How do i become a Chartered Certified Accountant?
do i need ACCA if i want to become a Chartered Certified Accountant ? i m from Asia but i want to study in UK. what should i do? CAT, ACCA or other?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Chartered` and Certified are different. Goto http://www.icaew.com/index.cfm/route/158820/icaew_ga/en/Qualifications/Train_for_the_ACA/Train_for_the_ACA and http://www.accaglobal.com/ I don't think there's much difference between the 2 disciplines but maybe the Chartered are considered (perhaps by themselves) to be the cream!
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do i need ACCA if i want to become a Chartered Certified Accountant ? i m from Asia but i want to study in UK. what should i do? CAT, ACCA or other?
Higher Education (University +) - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Chartered` and Certified are different. Goto http://www.icaew.com/index.cfm/route/158820/icaew_ga/en/Qualifications/Train_for_the_ACA/Train_for_the_ACA and http://www.accaglobal.com/ I don't think there's much difference between the 2 disciplines but maybe the Chartered are considered (perhaps by themselves) to be the cream!
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Tuesday, May 7, 2013
I am taking over an Accountancy practice, but I am not a Chartered Accountant - Is this a problem?
I am taking over an Accountancy practice, but I am not a Chartered Accountant - Is this a problem?
I am taking over an Accountancy practice, but I am not a Chartered Accountant. I will provide services to Sole traders, Partnerships and small Limited Companies. I have experience working in the accountancy industry and have every confidence that I can provide a reliable service to my clients. Is there anything wrong with running my own practice without a formal Accounting qualification?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ummm yes ..... if your not a qualified accountant with any form of certifications then your not allowed to pretend to be one
Answer 2 :
Actually, the term Accountant can be used by absolutely anyone! What you can't call yourself is 'Chartered or Certified' etc. If you feel you are able to cover the workload then there is nothing stopping you taking over the practice - just make sure that you do not make any false claims in your advertising, literature etc. So, remove any mention of Accounting Bodies (like ICAEW or ACCA) etc and make sure you do not mislead any clients. You will need to look into getting yourself Professional Indemnity insurance etc.
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I am taking over an Accountancy practice, but I am not a Chartered Accountant. I will provide services to Sole traders, Partnerships and small Limited Companies. I have experience working in the accountancy industry and have every confidence that I can provide a reliable service to my clients. Is there anything wrong with running my own practice without a formal Accounting qualification?
Small Business - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
ummm yes ..... if your not a qualified accountant with any form of certifications then your not allowed to pretend to be one
Answer 2 :
Actually, the term Accountant can be used by absolutely anyone! What you can't call yourself is 'Chartered or Certified' etc. If you feel you are able to cover the workload then there is nothing stopping you taking over the practice - just make sure that you do not make any false claims in your advertising, literature etc. So, remove any mention of Accounting Bodies (like ICAEW or ACCA) etc and make sure you do not mislead any clients. You will need to look into getting yourself Professional Indemnity insurance etc.
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Wednesday, May 1, 2013
What are the qualifications for becoming an accountant?
What are the qualifications for becoming an accountant?
i am doing GCSE right now and i have to pick my subjects for A level so i am confused what to pick and i wish to become an accountant...... so what sujects will be useful!!! please help i don't get it why do you need scenice????
Other - Education - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Mathematics or accounts. You could do business studies as well because that has some finance too.
Answer 2 :
maths and a science.
Answer 3 :
Anything mathematical or IT!
Answer 4 :
Ok so XxMiniLovexX you may think that it’s a good idea to do accounting at a- levels but it isn’t required for the course at uni and most universitys don’t hold it as a credible qualification (like photography/ p.e) All you actually need is math, but bear in mid that subjects like, history, English lit, and the sciences are very desirable If I were you I would do Math, English lit(analytical skills and improve vocabulary), and history( because it shows you have knowledge beyond current affairs).as a fourth subject either do economics because there is also a lot of math involved or something you really enjoy, even if its art or music. You don’t need science at all but I think other people are suggesting it because it is a credible subject and it will help if you decide that you want to do actuarial science instead it is similar to accounting and doesn’t actually include much science but a lot of math and it pays VERY well. I am an A level student I study chemistry, biology, math and English, eng and bio are really fun, maths is boring and chemistry is really really hard. Have a look on the LSE university website, the course is accounting and finance
Answer 5 :
Information is below.
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i am doing GCSE right now and i have to pick my subjects for A level so i am confused what to pick and i wish to become an accountant...... so what sujects will be useful!!! please help i don't get it why do you need scenice????
Other - Education - 5 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Mathematics or accounts. You could do business studies as well because that has some finance too.
Answer 2 :
maths and a science.
Answer 3 :
Anything mathematical or IT!
Answer 4 :
Ok so XxMiniLovexX you may think that it’s a good idea to do accounting at a- levels but it isn’t required for the course at uni and most universitys don’t hold it as a credible qualification (like photography/ p.e) All you actually need is math, but bear in mid that subjects like, history, English lit, and the sciences are very desirable If I were you I would do Math, English lit(analytical skills and improve vocabulary), and history( because it shows you have knowledge beyond current affairs).as a fourth subject either do economics because there is also a lot of math involved or something you really enjoy, even if its art or music. You don’t need science at all but I think other people are suggesting it because it is a credible subject and it will help if you decide that you want to do actuarial science instead it is similar to accounting and doesn’t actually include much science but a lot of math and it pays VERY well. I am an A level student I study chemistry, biology, math and English, eng and bio are really fun, maths is boring and chemistry is really really hard. Have a look on the LSE university website, the course is accounting and finance
Answer 5 :
Information is below.
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