What is the diffence between an Accountant and a Charted Accountant in the UK?
Australia - 2 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
A Chartered Accountant is a member of the Institute of Chartered Accountants in England and Wales. An accountant is either a member of another accountancy body, or maybe just someone who calls themsleves an accountant but is not qualified.
Answer 2 :
Well strictly a Chartered Accountant is EITHER a member of the Institute of Chartered Accountants in England & Wales or A Chartered CERTIFIED Accountant. Other qualifications are available.
Read more other entries :
Tuesday, May 28, 2013
Tuesday, May 14, 2013
what can i do if my ex accountant will not pass on my accounts to my new accountant?
what can i do if my ex accountant will not pass on my accounts to my new accountant?
after an appointment was made to collect the "books" the accountant refused to hand them over saying they were not available when i know they were and now wants me to request them by letter and wait for his reply which will take some weeks, he knows that there are deadlines to be met and is just being awkward what can i do?
United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Remind him that any records for previous years were paid for when you paid the bill for that year. I wish you were in the US--I could point you to the code of ethics that requires him to hand them over.
Answer 2 :
CPAs are regulated and licensed by state agencies. Simply tell him you would prefer not to file a complaint against him but you will if he doesn't hand over the books. Oops, I just noticed you are in the UK but I suspect there is an agency regulating/licensing accountants in the UK as well.
Answer 3 :
If you've paid for them, he can't refuse,having said that, it's always a god idea in keeping a copy on a USB stick as a backup,phone the taxman and explain your situation, I'm sure they'll understand.
Answer 4 :
Chances are he's being "awkward" because you haven't settled your account with him....!
Answer 5 :
You could quote the Data Protection Act, as he is holding your records "for longer than is necessary" and "without your consent", he could be in breach of these laws. I know it's a very broad interpretation, but no harm in trying.
Answer 6 :
Make sure you actually send a letter or an email demanding the files- this way he can't later say that you never asked for it. Also try having an attorney draft a letter and send it to him demanding he turn over YOUR property. Another thing you can do is threaten to post a recap of what he's done online. In the USA, a site that you can do this is www.ripoffreport.com You can also notify his current other clients that you've had this difficulty obtaining records that are yours from him- let them make their own decisions from that. Good luck.
Answer 7 :
It sounds suspiciously like he is unhappy about losing a client and will try anything to get you back, although that means withholding information that should always be readily available for enquiries. Speak to your new accountants and send a 14 day request informing him that if they do not return your property within this period, they are going against the Data Protection Act. Either that, or you could consider charging for excess fees and time for attempting to retrieve company information (usually you could refer to your new accountants fees as back-up). Also, are they a member of any accounting body (ACCA; CIMA; ICAEW; AAT; IFA)? If so, you can report him to the necessary bodies as not providing information given due time and effort.
Answer 8 :
He will be most likely regulated by the ICAEW or ACCA both of whom have it as an ethical requirement to provide records to the new accountant when requested. Outstanding fees or a bad disengagement has no part to play. However, it should be in writing and I think you need to do that first. If he still acts up you can report him to his governing body. If your deadlines are before that then you might consider a petty claims court for your fines or penalties.
Read more other entries :
after an appointment was made to collect the "books" the accountant refused to hand them over saying they were not available when i know they were and now wants me to request them by letter and wait for his reply which will take some weeks, he knows that there are deadlines to be met and is just being awkward what can i do?
United Kingdom - 7 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Remind him that any records for previous years were paid for when you paid the bill for that year. I wish you were in the US--I could point you to the code of ethics that requires him to hand them over.
Answer 2 :
CPAs are regulated and licensed by state agencies. Simply tell him you would prefer not to file a complaint against him but you will if he doesn't hand over the books. Oops, I just noticed you are in the UK but I suspect there is an agency regulating/licensing accountants in the UK as well.
Answer 3 :
If you've paid for them, he can't refuse,having said that, it's always a god idea in keeping a copy on a USB stick as a backup,phone the taxman and explain your situation, I'm sure they'll understand.
Answer 4 :
Chances are he's being "awkward" because you haven't settled your account with him....!
Answer 5 :
You could quote the Data Protection Act, as he is holding your records "for longer than is necessary" and "without your consent", he could be in breach of these laws. I know it's a very broad interpretation, but no harm in trying.
Answer 6 :
Make sure you actually send a letter or an email demanding the files- this way he can't later say that you never asked for it. Also try having an attorney draft a letter and send it to him demanding he turn over YOUR property. Another thing you can do is threaten to post a recap of what he's done online. In the USA, a site that you can do this is www.ripoffreport.com You can also notify his current other clients that you've had this difficulty obtaining records that are yours from him- let them make their own decisions from that. Good luck.
Answer 7 :
It sounds suspiciously like he is unhappy about losing a client and will try anything to get you back, although that means withholding information that should always be readily available for enquiries. Speak to your new accountants and send a 14 day request informing him that if they do not return your property within this period, they are going against the Data Protection Act. Either that, or you could consider charging for excess fees and time for attempting to retrieve company information (usually you could refer to your new accountants fees as back-up). Also, are they a member of any accounting body (ACCA; CIMA; ICAEW; AAT; IFA)? If so, you can report him to the necessary bodies as not providing information given due time and effort.
Answer 8 :
He will be most likely regulated by the ICAEW or ACCA both of whom have it as an ethical requirement to provide records to the new accountant when requested. Outstanding fees or a bad disengagement has no part to play. However, it should be in writing and I think you need to do that first. If he still acts up you can report him to his governing body. If your deadlines are before that then you might consider a petty claims court for your fines or penalties.
Read more other entries :
Tuesday, May 7, 2013
Is the SAGE the accountant software recognised in canada?
Is the SAGE the accountant software recognised in canada?
I live in the UK and was just wondering if anyone would know if the SAGE the accountancy - bookkeeping course was recognised in Canada
Other - Canada - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It would depend on the institution you took the course through. If is was given by SAGE then the chances are that it would be accepted by a potential employer since SAGE/AccPac are popular accounting programs here.
Read more other entries :
I live in the UK and was just wondering if anyone would know if the SAGE the accountancy - bookkeeping course was recognised in Canada
Other - Canada - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
It would depend on the institution you took the course through. If is was given by SAGE then the chances are that it would be accepted by a potential employer since SAGE/AccPac are popular accounting programs here.
Read more other entries :
Wednesday, May 1, 2013
Is there an accountant in the house?
Is there an accountant in the house?
I am moving to Dubai next month and will be opening a Dubai bank account for my wages to go in to. I will be hoping to put a lot of my earnings in to a savings account but not sure of the best way to do it. I have been advised recently to open an account in Luxembourg in whatever currency is weakest against the dirham. Firstly, why would somebody think that this is the best option? Secondly, is this easy to do? And finally, is there a better option?
Other - Taxes - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Most financial consultants will advise you to open an offshore account in addition to a current account in Dubai. HSBC seems to be popular amongst expats : http://dubai.angloinfo.com/forum/ccdetail.asp?CCID=36249 You should do this in order to protect your assets from being frozen in case you lose your job or another reason. That way you have access to cash immediately to pay your rent, food, gas, bills, etc. And here's information about opening up a bank account in Dubai: http://dubai.angloinfo.com/countries/uae/dubai/banking.asp
Read more other entries :
I am moving to Dubai next month and will be opening a Dubai bank account for my wages to go in to. I will be hoping to put a lot of my earnings in to a savings account but not sure of the best way to do it. I have been advised recently to open an account in Luxembourg in whatever currency is weakest against the dirham. Firstly, why would somebody think that this is the best option? Secondly, is this easy to do? And finally, is there a better option?
Other - Taxes - 1 Answers
People Answers, Critics, Comments, Opinions :
Answer 1 :
Most financial consultants will advise you to open an offshore account in addition to a current account in Dubai. HSBC seems to be popular amongst expats : http://dubai.angloinfo.com/forum/ccdetail.asp?CCID=36249 You should do this in order to protect your assets from being frozen in case you lose your job or another reason. That way you have access to cash immediately to pay your rent, food, gas, bills, etc. And here's information about opening up a bank account in Dubai: http://dubai.angloinfo.com/countries/uae/dubai/banking.asp
Read more other entries :
Subscribe to:
Comments (Atom)