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The term 'accountant' is not reserved, so solicitors could call themselves accountants if they so wished. But I wouldn't mind being authorised to be a senior statutory auditor as well though.
Why not? Hi Mr Quindell, how much profit would you like to put up with having on your accounts this year? Oh £5.8 trillion? That's fine - we'll call it 'a prudent valuation of the net present value of work in progress on a straight line basis discounted for cost expenditure in accordance with IFRS 15'. Thanks very much for your custom, and send your cheques for my fee to the Barbados office please.
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