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Bad Accountancy Practices - advice needed

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    #21
    Originally posted by JackOfAllIT View Post
    Thats real helpful <mod snip>
    It's true though. This forum doesn't exist so we can give you the advice you want to hear. We can point out other elements you might not see and know as well. If you don't like it move to the next one or grow some.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #22
      How do you find out who regulates your accountant if they won't tell you?

      I'm having issues with my accountant who has been providing a very poor service. While he has acknowledged my complaint some months ago, he has failed to answer it, nor will he confirm who his regulator is.

      Is there any way I can find out?

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        #23
        Originally posted by Saint John View Post
        I'm having issues with my accountant who has been providing a very poor service. While he has acknowledged my complaint some months ago, he has failed to answer it, nor will he confirm who his regulator is.

        Is there any way I can find out?
        Regulatory oversight of the UK accountancy profession transferred from the Accountancy Foundation and the Review Board to the Financial Reporting Council in 2004 - https://www.frc.org.uk/

        Most accountancy institutions have a search facility. For example, you can see if they are a member of ICAEW here.
        Last edited by missinggreenfields; 29 September 2016, 19:31.

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          #24
          Originally posted by Saint John View Post
          I'm having issues with my accountant who has been providing a very poor service. While he has acknowledged my complaint some months ago, he has failed to answer it, nor will he confirm who his regulator is.

          Is there any way I can find out?
          I would exert more effort into changing accountants.
          "You’re just a bad memory who doesn’t know when to go away" JR

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            #25
            Check your engagement letter, and check the accountants web site. If it's not prominent, then they are probably unregulated - in which case, cut your losses and move to another accountant.

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              #26
              Originally posted by Jessica@WhiteFieldTax View Post
              Check your engagement letter, and check the accountants web site. If it's not prominent, then they are probably unregulated - in which case, cut your losses and move to another accountant.
              Agreed, most of the big contractor accountants are not regulated! Just check the websites and if you use one of them ask your contact who they are regulated by, actually ask for it in writing!
              "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." Cicero

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                #27
                Originally posted by Waldorf View Post
                Agreed, most of the big contractor accountants are not regulated! Just check the websites and if you use one of them ask your contact who they are regulated by, actually ask for it in writing!
                If you ask for anything in writing they are within their rights to charge you for that privilege.
                See You Next Tuesday

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                  #28
                  Many thanks for the responses

                  Unfortunately there is no regulator on their website, nor their emails, nor any correspondence I have received from them.

                  I have checked the ICAEW, ICAS and ACCA websites but unfortunately my accountant is not listed as a member under any of these bodies.

                  I am a little shocked that an accountant does not have to be regulated, given the importance of their role in the financial arena.

                  I will begin the search for a new accountant.

                  Many thanks to all those who responded.

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