The ACCA issued a warning in May after research from cloud accounting software provider ClearBooks showed just 8 per cent of small businesses considered an accountant’s qualifications when choosing one. There is no law preventing anyone from calling themselves an accountant, and that as a result small businesses could be unknowingly paying someone without the necessary skills to handle their finances and help their business grow, who isn’t regulated or insured against risk.
CIMA (Chartered Institute of Management Accountants) Members in Practice are monitored by CIMA for:
Continuous Professional Development
Anti Money Laundering Compliance
Professional Indemnity Insurance
Letters of engagement
CIMA operates a Masters degree standard scheme of qualifying examinations for prospective members. It is active in promoting local education, training and management development operations, the promotion of new techniques through its research foundation and the dissemination of management accounting practices through publications and other media related activities. WIKIPEDIA
Accountants are normally reserved, professional and controlled, but a new type of accountant is taking social media by storm, the dancing accountant.
Dressed in his signature accounting ‘uniform’ that includes a tie, glasses, sweater-vest, and obligatory black briefcase, once a week the Dancing Accountant performs a one-man ‘flash mob’ style public dance, which is uploaded to his YouTube channel.
After attending a music festival a couple of years ago, the character was born after the Dancing Accountant realised that his unique dance moves were being copied by a group of people standing behind him. Unperturbed, he continued before realising that the crowd of imitators soon grew, until almost fifty had joined in.
“It was then I realised that people just enjoy seeing someone let loose, and that’s where the idea of the videos came from.” Viewers suggest the location and make song requests.