F.A.O. All AAT

System
System Posts: 100,534 🤖 Admin 🤖
edited 10:09AM in AAT student discussion
Has anyone ever come across a situation as to where someone has under-estimated MAAT and said sorry I need ACA or ACCA member to do my accounts

Comments

  • System
    System Posts: 100,534 🤖 Admin 🤖
    F.A.O. All AAT

    I would assume that is where they need auditing, as (I think) only ACA and ACCA members with appropriate certificates can audit. It may also be the case that a bank or building society won't accept an income statement signed by an AAT member, it's down to the individual banks etc to say which qualification they will accept.<BR><BR>annette
  • System
    System Posts: 100,534 🤖 Admin 🤖
    F.A.O. All AAT

    UP UNTIL RECENTLY THE BIGGEST DRAW BACK OF HAVING MAAT AS OPPOSED TO ACCA IS THAT YOU COULD NOT BE A REGISTERED AUDITOR. THIS MENT THAT YOU COULD DRAW UP ACCOUNTS FOR LTD COMPANIES BUT YOU COULDNT SIGN THEM OFF.<BR><BR>HOWEVER THE GOVERMENT HAVE RECENTLY CHANGED THE LEGESLATION REGARDING THIS. YOU ARE NOW ABLE TO SIGN OFF LTD COMPANY ACCOUNTS WITH A TURN OVER OF UP TO 5.5 MILLION WITHOUT BEING AND AUDITOR / ACCA ETC.<BR><BR>HOPE THIS HELPS.
  • System
    System Posts: 100,534 🤖 Admin 🤖
    F.A.O. All AAT

    Thanks all

Categories

Privacy Policy