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Hypothetical Question

Forums › ACCA Forums › General ACCA Forums › Hypothetical Question

  • This topic has 2 replies, 3 voices, and was last updated 10 years ago by Avatargonko.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • December 23, 2015 at 2:59 pm #292643
    Avatarmarky123
    Member
    • Topics: 46
    • Replies: 190
    • ☆☆☆

    Hello everyone,
    I am wondering if anyone could answer a strange but purely hypothetical question.

    If someone was ACCA or ICAEW or member of any other professional body, if they made no reference of this whatsoever to anyone or anywhere, how would their professional body know if they were in practice or not?

    The reason I ask is that there are so many good unqualified accountants out there that it seems such a shame that ACCA/ICAEW etc members are prevented from doing so and being forced to resign their memberships because they want to practice but have not got any means to be able to gain the required 3 years post membership experience.

    So I guess what I am asking is, the professional bodies read you the riot act about practising without a certificate – but how would they know??

    December 28, 2015 at 4:10 pm #292865
    Avatarcarl29
    Member
    • Topics: 14
    • Replies: 245
    • ☆☆☆

    I think a lot of the time, they wouldn’t know. The accountancy profession, like any profession, relies on honesty of its members. Being a member of a body means that, theoretically, you are bound by its terms in order to operate, so customers can be confident at least that you should adhere to its rules

    You would have to ask what kind of professional with falsify their credentials and break the rules for financial gain? if they were any good they wouldn’t need to, so they must be bad at their job, and not someone to trust

    December 29, 2015 at 1:03 pm #292932
    Avatargonko
    Participant
    • Topics: 11
    • Replies: 57
    • ☆☆

    I would end up in the same position in a few years if deciding to practise myself or stay in industry. TBH I would resign the membership and practise. No professional body will dictate how I progress through my career.
    I studied hard enough to be where I am, and a lot more to do in order to get the career and job I want.

    If at that point the ACCA does not support me in this endeavour, I would personally walk.

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