Which accountant would you choose?
Legally, anyone can call themselves an ‘accountant’ – you don’t need any training, qualifications or experience. Since opening my own practice last year, it has become very apparent to me that a lot of people do not realise that not all accountants in practice are qualified. There is nothing whatsoever to stop untrained, uninsured and unqualified accountants without professional accreditation calling themselves accountants.
ACCA, the global accountancy body, of which I am a member, together with other professional bodies are trying to make the title ‘accountant’ an unequivocal badge of trust. Until this is copper fastened, when it comes to choosing your accountant, you should consider the following;
- Following years of training and experience I can help you make the most efficient use of your money and make your business grow. I bring so much more to the table than just bookkeeping.
- I am regulated by a professional body and bound by a Code of Ethics, meaning you can have total confidence in my professionalism. If you are unhappy with my work, you have recourse with a professional regulator who’ll investigate my professional conduct.
- I am required to complete continuing professional development each year. My knowledge is therefore kept up to date and I understand how the latest regulations affect you or your business
- I hold a practising certificate and professional indemnity insurance, meaning you are protected against work I perform that harms you or your business.
ACCA have produced a great leaflet highlighting some of the differences between a qualified and unqualified accountant. You can access this leaflet by clicking on the following link, Choosing your accountant. If you are interested in a some further information, please read the following Working to curb the cowboys