Professional Clearance

BlueGoddess
BlueGoddess Registered Posts: 3 New contributor ?
A quick question please:

On what grounds can another accountancy practice refuse professional clearance please?

Thank you in advance.

Comments

  • burg
    burg Moderator, FMAAT, AAT Licensed Accountant Posts: 1,441
    pretty much only unpaid fees. Other than that they can just provide advice on which you can decide to act before accepting the appointmemt.
    Regards,

    Burg
  • Monsoon
    Monsoon FMAAT, AAT Licensed Accountant Posts: 4,071 ? ? ?
    It's also worth mentioning that professional clearance is not permission - it's a courtesy. You do not need professional clearance to be able to take on a client.

    Anyone who is a member of a reputable professional body will be required to provide the requested handover, but can withhold it in the case of unpaid fees.

    Anyone who's not a member of a professional body can do what they like.
  • deanshepherd
    deanshepherd Registered Posts: 1,809
    Agreed.

    Professional 'clearance' is an old term as it suggests permission is required.
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