Mark Lee explores the tendency for accountants to work for clients without payment – sometimes without realising that is what they are doing.
On the face of it this seems an unlikely scenario. How many accountants would admit to working for no payment?
In practice there are at least four scenarios where this happens...
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- Charity work
- Free work
- New clients
- Scope-creep with recurring work
- Scope creep with ‘special work’
- Credit where it is due
- Engagement terms