Originally posted by rmmc
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Reply to: Pisces Returns
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Previously on "Pisces Returns"
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Glad to see you completely ignored my poor (attempt at a) joke
I agree, probably perfectly sound but not being an expert in the area I had to sound out opinions 'cos I had the nagging 'you get what you pay for' doubt.
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I'm sure they're perfectly legitimate, I've just never heard of them before now.
If I advertised for a job that needed somebody with an accountancy qualification, I'd expect to see ACA/ACCA/CIMA for a reasonably senior position, CAT for somebody a bit lower level, or ATT/CTA for tax. My first question for somebody who said they were "IFA" (which is a tulip designation in itself as it obviously sounds like financial advisors) would be "why haven't you studied for something recognised by the majority of employers?"
That's not to say that the person at Pisces doesn't offer a good service, but I'd be wary unless I'd received a personal recommendation.
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Looked at the free spreadsheet from their website and the tax estimated and calculated is incorrect. Dividend is taxed at effective rate of 32.5% or 42.5%, even though, some dividend would fall in basic rate tax band.
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Originally posted by the_rangdo View PostHmmm, something sounds a bit fishy then.
IGMC
Institute of Financial Accountants
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Originally posted by *Clare* View PostSame here, I've certainly never come across anyone studying for their exams or even mentioning them as a body.
Hmmm, something sounds a bit fishy then.
IGMC
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Originally posted by Nixon Williams View PostAs someone who sat these exams many years ago, I find it strange that if, after all that hard work you did not apply for membership, it does seem a strange approach.
I have to say I have never heard of an Incorporated Financial Accountant until today!
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Originally posted by the_rangdo View PostWhen the site states 'passing the final stage in November 1997' how does that translate into failing?
I have to say I have never heard of an Incorporated Financial Accountant until today!
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Originally posted by Vallah View PostThat's not to say this bloke doesn't know what he's doing, but a BTEC, and failing the CIMA exams 13 years ago doesn't strike me as the highest standards.
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A quick google of "incorporated financial accountant" pulls up the IFA.org.uk website which proves the bona fides but I agree with Vallah to a certain extent as I have only heard of a couple of members in my 20 years.
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Originally posted by Just1morethen View PostTo be fair Waldorf, he's also an Incorporated Financial Acountant, which isn't one of the biggies but still recognised as a professional qualification. Dunno why he put in about the BTEC though - about as relevant as putting a Cycling Proficiency badge on your CV.
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To be fair Waldorf, he's also an Incorporated Financial Acountant, which isn't one of the biggies but still recognised as a professional qualification. Dunno why he put in about the BTEC though - about as relevant as putting a Cycling Proficiency badge on your CV.
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I would stick to using a qualified accountant, the guy running this has a BTEC in accounts, fab eh!
Sounds like a one man operation who sat some exams but was never admitted as a member of any accounting body worth mentioning.
Remember anyone can call themselves an accountant.
The website is a bit limited just a few pages, probably off the shelf.
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I reckon you'd be struggling to provide a decent service for that fee.
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Pisces Returns
Contractor accountants. Pisces Accounts - Accountancy Services for contractors - Home
Seems pretty cheap, certainly compared to my SJD.
Anyone any experience/thoughts?Tags: None
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