Accountancy Franchise - Canada or Oz
#1
Forum Regular
Thread Starter
Joined: Jan 2005
Posts: 62
Accountancy Franchise - Canada or Oz
Has anybody seen an equivalent of this in either Canada or Australia?
The benefit for me of this route is that whilst i am full member of ACCA I dont have a practising certificate. In the UK this would avoid that requirement.
Did a quick google for canada but couldnt find much (but my googling skills are poor!)
Grateful for any assistance,
Thanks
The benefit for me of this route is that whilst i am full member of ACCA I dont have a practising certificate. In the UK this would avoid that requirement.
Did a quick google for canada but couldnt find much (but my googling skills are poor!)
Grateful for any assistance,
Thanks
#3
Just Joined
Joined: Nov 2009
Posts: 1
Re: Accountancy Franchise - Canada or Oz
try institute of chartered accountants of Canada here: cica.ca
#6
Forum Regular
Thread Starter
Joined: Jan 2005
Posts: 62
Re: Accountancy Franchise - Canada or Oz
Sorry for delay JAJ, missed your post.
As I understand, statutorily, you don't have to be a fully qualified accountant to provide accountancy and tax services to the public in the UK. In fact the HMRC don't require you to have any qualification at all to act as an agent.
It's only the professional accountancy bodies who insist that if you are a member, you have to have a practicing certificate.
So, being a member of ACCA for instance, without a practicing certificate, actually puts you in a more restrictive position than any unqualified member of the public who decides to set themselves up offering tax and accountancy services (thanks ACCA!).
So if you are qualified without an accountancy qualification, you'd be better off resigning ACCA membership and going down the franchise route. Bizarre, IMHO.
As I understand, statutorily, you don't have to be a fully qualified accountant to provide accountancy and tax services to the public in the UK. In fact the HMRC don't require you to have any qualification at all to act as an agent.
It's only the professional accountancy bodies who insist that if you are a member, you have to have a practicing certificate.
So, being a member of ACCA for instance, without a practicing certificate, actually puts you in a more restrictive position than any unqualified member of the public who decides to set themselves up offering tax and accountancy services (thanks ACCA!).
So if you are qualified without an accountancy qualification, you'd be better off resigning ACCA membership and going down the franchise route. Bizarre, IMHO.