When Chartered Accountant is not

[lawson1162]

I have just found out that my so called Chartered Accountant is actually not a Chartered Accountant. I found it strange that there was no reference to his regulatory body, i.e. ACCA or ICEW.

Is this correct or can any one call themselves chartered?

 

[Bob]

can any one call themselves chartered?

No. Anyone can call themselves an accountant but a chartered accountant should be a member of one of the chartered bodies. What made you believe that your adviser was chartered and what has now caused you to change your mind :|

 

[Caspar]

No, they can't call themselves chartered if they are not. But they can call themselves an accountant and have other qualifications to trade with.
Caspar

 

[nelioneil]

Ask him/her for their regulatory body number?

 

[MyAccountantOnline]

Is this correct or can any one call themselves chartered?

No, they shouldn't, but people do and in my experience the ACCA (just one of the professional Chartered bodies) dont take any action when people do

 

[Philip Hoyle]

What's more important is whether they have professional indemnity insurance. Regulated "chartered" accountants must have it but unqualified/unchartereds don't have to and many choose not to bother, leaving their clients exposed if the accountant fouls up costing you money.

Also, if you ever want a mortgage or loan or want to rent a house or business premises, etc., many lenders/landlords want a reference from a qualified accountant, so if yours isn't, then it may jeopardise your chances of borrowing money or renting property.

But, back to basics, what made you think they were "chartered" and why do you now think they aren't? If they're openly advertising themselves as chartered on their website, adverts, etc., then not only can you complain to the chartered bodies, but you can also complain to your local Trading Standards about misrepresentation.

At the end of the day, there's an easier and stress free way for you - that's to change accountant to someone who is "chartered" - all the changeover is handled by the new accountant so hassle free for you.

 

[maxine]

Some people just assume their accountant is "chartered" and have no idea what this means in reality.

I'm not saying this is the case with you.

Did they actually pass themselves off as "chartered"?

 

[The Pines]

If he can't recite this... then he's not chartered.

http://www.youtube.com/watch?v=jtnqNEmvb1o

 

[Fred_the_frog]

Are they simply an 'Accountant'? Some people say 'Chartered Accountant' to mean they are part of ICAEW, 'Certified Accountant' is part of ACCA, 'Management Accountant' is CIMA etc.

 

[Bob]

Are they simply an 'Accountant'? Some people say 'Chartered Accountant' to mean they are part of ICAEW, 'Certified Accountant' is part of ACCA, 'Management Accountant' is CIMA etc.

Just to make life easier, ACCA members are now technically Chartered Certified Accountants

 

[Peasie]

Is he a street accountant?
http://www.youtube.com/watch?v=mfcZpAVXfew