What are the benefits of working with a Chartered Accountant?
A. Anyone can call themselves an ‘accountant’, even if they have no qualifications or experience! Members of the Institute of Chartered Accountants in England and Wales can only join having had to spend several years in on-the-job training as well as passing tough exams covering taxation, company law and accounting principles. If they want to set up in practice offering their services to the public, Chartered Accountants need to have gained several more years of experience and have adequate insurance to protect clients against professional negligence. They also have to show each year that they are keeping up to date by committing to a scheme of continuing professional development.
