At present client does their own vat returns and bookkeeping. They employ two AAT trainees for this. We prepare the annual accounts and tax and submit for them. It has worked very well for both of us so far.
But now they want the trainees to do the final accounts and tax in house with our "help and guidance". So we have to train them and then review the accounts they prepare. They also expect a reduction in fees to reflect the 'reduced' work.
Has anyone come across this sort of request?
Should we even consider this arrangment? Can we refuse to train them on the final accounts aspects? If we refuse could that reflect negatively on us?
If we do train them then I can see the day when we would be told : "Thanks for your help, we can manage ourselves now"!
Thoughts and comments welcome