Hi
I have been approached by my landlord to help out in the purchasing of 3 business'. he did not want to use his current accountants for this as we have developed a good relationship and he liked my ideas.
He also then asked to help him out with some systems and a stock take re his current Ltd co...
As i am not taking over the client in full and just doing this one off work, i am assuming i do not need to inform the current accountant, and i would just prepare an engagement letter for the work i am carrying out.
Am i missing anything.
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Replies (1)
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There is no such thing as clearance
If you take over a client you write a standard letter to your predecessor asking if there are any reasons why you should not act. You can ignore the reply subject to common sense issues.
If you do a one-off job on somebody else's client then it is up to you whether you inform the incumbent.