The boiler engineer has been and gone - just the routine annual service.
The client has also been and gone. He and his wife are applying for a council loan for work on their house (she is registered as disabled). He needed help with the accounts figures to go on the application form. I've pencilled in the figures for him but told him that I would not complete the accountant's certification section as the council require the accounts to be audited.
Accountants don't audit accounts for sole traders. Limited company accounts only need to be audited if the turnover is over ÂĢ6.5 m so small companis would rarely have audited accounts. Only registered auditors can do audits. Accountants who are not registered auditors but wrongly sign an audit report will get into extremely serious trouble with their regulatory body if they get found out. The cost of getting accounts officially audited would probably be greater than the amount of the loan. So the council are way out of order on this.