Continuity Practice Cover

Alicia84Alicia84 Registered Posts: 44
Hi Everyone!
I have been running my own Accountancy business for the last few years and recently I have had an influx of people wanting me to do their books for them. Subsequently, as I am now a Licensed Member I need to put some Continuity Cover in place in order to accept the work I have been offered.
I was just wondering if anybody would be willing to act as my cover? If needed, I can return the favour.

Any help/suggestions would be much appreciated.

Many thanks in advance :-)

Comments

  • MarieNoelleMarieNoelle Trusted Regular Hampshire/Surrey borderModerator, MAAT, AAT Licensed Accountant Posts: 1,179
    Hi @Alicia84
    It may help if you tell us where you are based - although continuity of practice can be provided remotely depending on your client base :)
  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 762
    Maybe worth re-posting this message in the general accounting section (rather than tax) as the general accounting section gets around 30k+ views.
  • MickdundeeMickdundee LondonRegistered Posts: 434
    > @reader said:
    > Maybe worth re-posting this message in the general accounting section (rather than tax) as the general accounting section gets around 30k+ views.

    Per decade?
    MarieNoelle
  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 762
    Well around 2.5k is from you and me and marie noelle, so only leaves 27.5k per decade(?) from the extinct members
    MarieNoelle
  • Alicia84Alicia84 Registered Posts: 44
    Hi guys - I'm based in Southampton however, at present most of the work is fairly basic so covering it remotely would be ok.
    Worst case scenario, information could be posted if necessary as none of my clients (at present) have more than a card folder full of info.
    thanks for the tips, I'll repost in General Accounting :-)
  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 762
    I think this continuity arrangement thing is a bit of overkill by AAT to be honest.

    In the unlikely event you are taken ill/have an accident you will still be able to get things done via computer, phone, tablet, etc.

    If you die then the client would need to find a new accountant from the AAT directory, google, word of mouth, etc.

    Having a continuity arrangement isn't going to help.

    I know my post is of no help to you Alicia. Although I will finish by saying I use a friend at work.
  • Alicia84Alicia84 Registered Posts: 44
    I totally agree! It's ridiculous tbh.
    Unfortunately I work in industry so I am the only qualified person here :-(

    Really don't know how I can get around this - just seems like another thing AAT do to try and hold people back!
  • readerreader Experienced Mentor MAAT, AAT Licensed Accountant Posts: 762
    I think it is overkill by the AAT to be honest. I don't think the AAT is trying to hold you back. I'm sure the AAT would love to receive payment from you in return for a piece of paper that says you can practice. The AAT achieve nothing by holding you back as you could always resign AAT and practice unqualified and if you did this the AAT would lose a customer.
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