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Accountants - those letters after their name

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    #11
    No - you don't need them signed off unless you're having an audit, and that only applies to quite large companies.

    Sometimes it's useful for mortgage references though.
    ContractorUK Best Forum Adviser 2013

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      #12
      Originally posted by Clare@InTouch View Post
      ....Someone AAT qualified can sign off your accounts, ...
      Originally posted by Clare@InTouch View Post
      No - you don't need them signed off unless you're having an audit, and that only applies to quite large companies.

      Sometimes it's useful for mortgage references though.
      I am sure you know that AAT qualified can not sign the audit report. You have to ACA or ACCA in order to sing off the audit report (England and Wales).

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        #13
        Originally posted by rmmc View Post
        I am sure you know that AAT qualified can not sign the audit report. You have to ACA or ACCA in order to sing off the audit report (England and Wales).

        I didn't say an AAT qualifified person could sign an audit report, I said they could sign a set of accounts.

        It is however quite common for an accountant (who could be AAT qualified) to prepare the accounts and then an auditor step in to sign off on the audit report.
        ContractorUK Best Forum Adviser 2013

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          #14
          Originally posted by rmmc View Post
          I am sure you know that AAT qualified can not sign the audit report. You have to ACA or ACCA in order to sing off the audit report (England and Wales).
          I don't think being ACA or ACCA is enough. I thought you had to be a registered auditor to sign off an audit report. Anyone can "sing" off the audit report. Just watch X-Factor. They try to sing all the time

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