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GOOD NEWS

  • Lifetime Member
  • 29 posts
  • # 55278

Hi

The Good News is, I have just signed up my first client, since starting my business in June last year. I would like to think that, it gives hope to the people who are finding it difficult to get started.

I have indicated in my letter of engagement, as is usual, that the accounts I am compiling are based on client information but I am transferring manual accounts onto excel and they want the accountant they use to check my work. I have no problem with that but I do not have a detailed dreakdown of the figures he has used for the P & L Account and Balance Sheet. This would prevent me from producing an accurate Trial Balance, so could anyone tell me please, where do I stand on my work being passed on to the acountant. I am, under these circumstances, just a bit concerned about not being able to produce completed accounts, not just for the accountant but in case they are used for any other purpose.

Thanks
Moira

  • 328 posts
  • # 55326

Hi Moira,

Congratulations for your first assignment.

If you have any doubt on what you are supposed to do, call the institute.
Be confident cause you have passed all exam based on practical scenarios.

Do not panick cause everyone has to start somewhere, including the accountant you are going to be liasing with for this assignment.

All the best and well done!
I wish i was in your shoes right now!Smile

Nathaliexxx

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