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Do I need to be a Licenced Accountant?

Resigned from AAT

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Hi everyone,

I have been a Licenced Accountant with the AAT since July 2001. A couple of years ago I took a break from practice as my wife passed away and I didn't know which direction to turn with my business.

However now I want to get back to it the AAT have said I have to start the entire process again from scratch - even though they have all my details and I only took a short break.

I have had a bit of a war of words with them, told them where to go and resigned - rightly or wrongly.

I now want to get back into bookkeeping and preparing accounts but of course I won't be a member of the AAT. I don't think there is anything stopping me from doing that but I assume I now need to register with HMRC for MLR, as well as get some PI insurance again.

I just wanted to make sure I got my facts right?

Replies (10)

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RLI
By lionofludesch
10th Sep 2019 16:53

Yeah - I'd've told them to get stuffed too. Pompous bu99ers.

No problem, you don't need a formal qualification but you'll need to register with someone - not necessarily HMRC - for MLR.

Thanks (4)
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By Briar
10th Sep 2019 17:07

Licence and license. This confusion is so similar to practice and practise that once you've learned the difference for one, you instantly know it for the other! Licence is a noun, license is a verb. Before learning to drive, you apply for a provisional driving licence, but the DVLA must license you to drive.

So your question should be headed "Licensed Accountant". Yes, I am a pompous bu99er but I also like to see professionals spell correctly!

Thanks (2)
Replying to Briar:
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By jaybee661
10th Sep 2019 17:20

Briar wrote:

Licence and license. This confusion is so similar to practice and practise that once you've learned the difference for one, you instantly know it for the other! Licence is a noun, license is a verb. Before learning to drive, you apply for a provisional driving licence, but the DVLA must license you to drive.

So your question should be headed "Licensed Accountant". Yes, I am a pompous bu99er but I also like to see professionals spell correctly!

Thanks - that's really helpful.

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Replying to jaybee661:
RLI
By lionofludesch
10th Sep 2019 17:28

Advice and Advise are better examples, as they're pronounced differently.

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Replying to Briar:
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By thegreatgrumbleduke
10th Sep 2019 19:49

Talk about getting right to the heart of the periphery...

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Replying to Briar:
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By jaybee661
10th Sep 2019 21:17

I’ve just noticed in an answer you gave in a previous thread you wrote ‘its cheaper...’. I think you’ll find it should be ‘it’s cheaper’. Grammar is equally important in a professional capacity don’t you think?

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By JoF
10th Sep 2019 17:25

Perhaps worth considering another organisation as generally their fees are lower than those of HMRC. IAB seem to be a favourite for ex AAT folk from what Ive heard.

Thanks (2)
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By dmmarler
17th Sep 2019 10:52

I am sorry you have resigned from the AAT, but I don't understand what you mean by "start the whole process again from scratch". Do you mean requalifying for a Licence? If it is just the forms, then all the old information would be out of date so it is not unsurprising that they would want them completed. If it is demonstrating you are on top of CPD, then this is reasonable as they are there to protect both you and the public from anything going wrong. You can't have a Licence unless you have PII, so they will expect that. I am really surprised at my colleagues' attitudes as expressed in their posts - AAT is protecting its name and the reputation of all those who qualified with AAT over the years so we can (hopefully) earn lots of £££. Isn't that what we are in business to do?

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Replying to dmmarler:
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By Hut15
17th Sep 2019 12:45

Interesting point - I assumed the OP meant they would have to take all their exams again, but perhaps not.

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By fiona_howells
19th Sep 2019 12:42

I decided to just get AAT bookkeeper instead of accountant licence- less hoops to jump through but you can only do bookkeeping, payroll & VAT .......

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