What Is a Licensed Accountant?
The AAT Licensed Accountant offers accountancy, taxation and related consultancy services to sole traders, partnerships and limited companies. Licensed Accountants in Practice are regulated in the United Kingdom.
Licensed Accountant Services We Offer
- Bookkeeping
- Financial accounts
- VAT
- Computerised accountancy systems
- Payroll
- Budgeting and forecasting
- Management accounting
- Personal income tax
- Business income tax
- Inheritance tax.
- Capital gains tax
- Corporation tax
- Limited assurance engagement
- Independent examination
- Company Secretarial Services
AAT Licensed Accountants are recognised by over 80 major mortgage lenders in respect of accounts prepared to support clients mortgage applications.
How Are Standards Maintained?
Licensed Accountants are regulated and must adhere to the following requirements:
- maintain adequate Professional Indemnity Insurance
- ensure business continuity cover
- comply with all relevant data protection legislation (name data protection legislation)
- follow the Continuing Professional Development policy
- abide by money-laundering legislation
- complete an annual renewal and declaration
Licensed Accountants must renew their registration annually and comply with professional and ethical standards to maintain the licensed status.
The Continuing Professional Development (CPD) scheme ensures that Licensed members stay up-to-date with skills and knowledge.
Further Details
Further details can be obtained from AAT on tel: 020 3735 2468 or email: customersupport@aat.org.uk
