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I would also insist on the accountant being a registered auditor.
I know that TMITI is "Technician Member if the Irish Taxation Institute" but what is "ACMA"?
Make sure you can be audit exempt before you proceed
How can I tell if I'm exempt?
On the idea of getting another accountant.
Unfortunately the only person I know who is in a similar position uses the guy I am getting rid of (he had bigger problems with him than I did but not until after I already started using him).
I will consider getting someone to review the end of year accounts at least for this year since I haven't done them before but the ones my accountant did last year were very simple, no real detail looked like a basic word template.
we EXPECT those we EMPLOY as our accountants {which we do need } to give us their full professional expertise, and not for us, to have to question ,whether are returns were correct or not.
. Also, accountants can give you advice on what to expense/not to expense but this is also on the Revenues website gratis.
Scare tactics? If only...As for the CRO, simplyjoe, you seem to be bordering on scare tactics.
This can happen whether you have an accountant or not. When we had an accountant, it was still up to us to get them to submit our returns, they never reminded us.Scare tactics? If only...
Read this thread to see what can happen...
Audits cost loads of money.Could someone please clarify what is an 'audit exemption' status and why it is so important?
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