Practicing licenses for accountants explained

Practicing licenses for accountants explained
00:00 Timestamps
02:03 What is a practicing license
02:40 Benefits of having a practicing license
04:26 Who needs a practicing license
04:47 Types of practicing licenses
06:07 Regulated vs unregulated services
09:13 Applying for a license
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[@Paul-tc6sm]

This is brilliant stuff - thanks

[@MyJourneytoSuccess-bt2ui]

Super helpful! Also just finished watching the start up video...also super helpful. Tonnes of notes taken.❤ Would you be able to advise on how much experience you actually need? I am going to look into this but any hints or advise would be massively helpful. I have been working in accounts since 2013 from payroll to VAT, bookkeeping to accounts prep and CT...starting to turn my focus to advisory as I know this is super valuable to client's. I have a small portfolio of clients to manage now which I love but feel restricted as I work for a firm. The dream is to have a firm where I can provide client's with as much value as possible....and for that firm to then be profitable enough to help fund new kind of schools across the UK.....huge dream....but baby steps ❤. Thanks for all that you do.

[@BilalBossman]

I think that you can just register as an agent with HMRC for all the services and then they will regulate you for AML. Is this the case or am I mistaken?

[@Losi1977]

I got just Level 2 in Accounting and I just got myself registered by the HMRC as a "Tax Agent" also I registered myself by the Anti Money Laundering scheme. So now I can have clients and submit basically anything to the HMRC on my clients' behalf. Please help me out ...!!! What do I do wrong ?

[@rajeevchaturvedi8506]

Hie mam may you pls explain how Indian Acca plan to start practise of auditing and accounting in Uk

[@kamakshichugh]

Hi, I have a question if I may plan to work with Big 4s in audit or financial managment domain do I need a practicing certificate or are there any restrictions in working these domains?

[@eqbalkan]

hi plz help me how to apply ACCA practicing certificate. I got qualified in Nov 2021

[@zohaibmuhammad6263]

I have an ACCA qualification, but since I lack practise experience, I will not be able to obtain a practising certificate. I am an industry qualified accountant with more than 5 years of experience; is there a way or fast track to accountancy practise for person like me? Without prior experience, it can be very challenging to land a job in practise. The other option is to start out in a junior position to gain entry, but doing so would require a significant pay cut, which is not practical given the current economic climate.

[@RAA2705]

Hi, I am in this situation as well Did you manage to find a solution?

[@thedailydoseforyou]

Can i open a UK accountancy firm from overseas?

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[@brownteddy881]

May God bless you for posting this here. I would also contact him.

[@justinekostov6963]

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