Good evening all,
I would appreciate some guidance in this area please. I have reviewed the relevant ACCA guidelines but would like check with my fellow professionals to ensure what I am proposing to do is correct. I should point out that I am an ACCA member but do not yet have a practicing certificate.
I have a family member who is currently in a partnership. I have been asked if I can prepare accounts and personal tax returns for the business and partners. I will happily do this free of charge as a favour. The accounts will have a full balance sheet so will be reasonably detailed.
Could anyone please confirm if I am within the ACCA rules? I'm sure once payment for services comes in to the equation it's not as clear.
Feedback is appreciated.