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Practising certificate

Forums › ACCA Forums › General ACCA Forums › Practising certificate

  • This topic has 1 reply, 1 voice, and was last updated 7 years ago by fozzie.
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  • November 7, 2017 at 10:32 am #414659
    fozzie
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    Hi,

    I was wondering if anyone could give any advice on the below before I go back to the ACCA.

    I understand that certain tasks fall under the ACCA definition of public practice and to carry out these tasks you need a practising certificate, my illusion was this just applies to those tasks in practice, but after reading what the acca define as public practice (below) I believe it may apply to industry.

    “signing or producing any accounts or report or certificate or tax return concerning any person’s financial affairs, whether an individual sole-trader, an unincorporated body or a firm, in circumstances where reliance is likely to be placed on such accounts or report or certificate or tax return by any other person (the ‘third party’), or doing any other thing which may lead the third party to believe that the accounts or report or certificate or tax return concerning the financial affairs of such a person have been prepared, approved or reviewed by the practitioner”.

    Obviously I wont be signing accounts any time soon, but being involved in the production of a tax return would be likely and would seem to require a practising certificate?

    November 7, 2017 at 11:23 am #414663
    fozzie
    Member
    • Topics: 2
    • Replies: 3
    • ☆

    Ignore me, ACCA advised you can assist in tax returns, but not sign/submit

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