Hi Everyone. I am so grateful for all your help and will appreciate views on my ongoing dilemna.
I need to get out of employement before I get done for murder, suicide, etc plus I am desperate to work from home.
I am ACCA qualified but no practice certificate so only restricted to bookkeeping and payroll. I have a chartered accountant i am helping build his business in return he signs me off for a practice certificate in 30 months time if all goes well.
Dilemna:
1. Do i concentrate on building my bookkeeping business as well as the chartered accountant business? (Not sure how this is feasible)
2. Forget bookkeeping and focus on building an accountancy business in partnership with the chartered accountant.
3. Resign ACCA and join IFA and build my own accountancy practice.
Thoughts will be highly appreciated.
Thanks
Violet
You can still do all of the bookkeeping work plus having the chartered onboard for supervision means that you can go beyond trial balance.
Make sure that the accountant is set up as the right type of trainer. They need to be registered with the ACCA for practicing certificate development or your PCTR1 form's won't count.
You could go IFA but whilst its a good qualification (I have it myself) it aint no ACCA... Would you be happy not to be ACCA when you have already earned it?
Yes you can practice under IFA now rather than ACCA three years down the line... Is that what you want though?
Just my two penneth (and going through a very similar scenario myself at the moment).
kind regards,
Shaun.
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Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
Thanks Shaun. Good point about registering with ACCA; I had forgotten about being an approved employer. I am currently in the marketing phase and it is difficult giving both businesses equal focus. With the chartered's business i have to run everything by him. I guess patience does pay considering how much has gone into getting the ACCA qualification. Having said that i am not gaining much from it at the moment.
