Legally anyone can call themselves an ‘accountant’ – you don’t need any
training, qualifications or experience.
With a chartered certified accountant you can be guaranteed of all three.
When it comes to managing your finances and growing your business, the importance of a competent accountant cannot be overstated. In a world where anyone can call themselves an ‘accountant’, it’s crucial to understand the difference between a chartered certified accountant and an unqualified individual.
The Value of a Chartered Certified Accountant
A chartered certified accountant is not just a bookkeeper. They are a highly trained professional who can help you make the most efficient use of your money and make your business grow. They bring so much more to the table than just bookkeeping.
Professionalism and Ethics
Chartered certified accountants are regulated by a professional body and bound by a Code of Ethics. This means you can have total confidence in their professionalism. If you are unhappy with their work, you have recourse with a professional regulator who will investigate their professional conduct.
Up-to-Date Knowledge
Chartered certified accountants are required to complete continuing professional development each year. This ensures their knowledge is kept up to date and they understand how the latest regulations affect you or your business.
Protection for Your Business
Chartered certified accountants hold a practising certificate and professional indemnity insurance. This means you are protected against work they perform that harms you or your business.
The Risks of an Unqualified Individual
On the other hand, an unqualified individual holds no accountancy qualifications. This means there are no guarantees about their accountancy knowledge and quality of work. They are unlikely to be able to offer the full range of services and expertise a chartered certified accountant can.
Unqualified individuals are not regulated by a professional body, so they are not bound by a code of ethics and there is no avenue of complaint if you are unhappy with their professional conduct. They are not obliged to keep their knowledge up to date, meaning they could be working to outdated standards and regulations – leaving your accounts open to question. They may not hold a practising certificate or professional indemnity insurance, meaning you are not protected or insured against any work they do that harms you or your business.
Conclusion
To grow your business, protect your finances, and have confidence in your accountant, always appoint a chartered certified accountant. Their training, experience, professionalism, and protection for your business make them the clear choice for any business owner seeking financial advice and services. Don’t settle for less when it comes to your business’s financial health.
Chartered Certified Accountant
✔ 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.
Unqualified Individual
✘ I hold no accountancy qualifications, so there are no guarantees about my accountancy knowledge and quality of work. I am unlikely to be able to offer the full range of services and expertise a chartered certified accountant can.
✘ I am not regulated by a professional body, so I am not bound by a code of ethics and there is no avenue of complaint if you are unhappy with my professional conduct.
✘ I am not obliged to keep my knowledge up to date, meaning I could be working to outdated standards and regulations – leaving your accounts open to question.
✘ I may not hold a practising certificate or professional indemnity insurance, meaning you are not protected or insured against any work I do that harms you or your business.
Grow your business, protect your finances and have confidence in your accountant.
always appoint a chartered certified accountant.
Ready to take the next step towards the success of your business? Contact us today to schedule a consultation with a chartered certified accountant. Let us help you grow your business and provide the expertise you need to thrive.
