Accounting Practice How?

Saint Sonner

I'm a chartered accountant. NIreland part of the Chartered Accountants Ireland.

I qualified in 2011 so have 10+ years PQE

I trained in practice but due to the downturn I was let go as I had completed my contract and had a year added on but hadn't got my final exams.

I then took a job in industry - management accountant where I have moved a couple of times but now have been employed as finance manager for 9 years and I am prob heading for finance director or similar.

So here is the predicament. When I was in practice I acquired some family and then friends and over the years a few referrals. So have built up a side Hussle. It brings in about 10k per year. I was happy enough not to take anymore on as had a young family and was busy. However I am now down to 4 day week at work and kids getting older so have more time on my hands and I think I could increase this work load.

I do realise however as I am governed by CAI I shouldn't be 'practicing'.

I wanted to advertise so I looked into requirement.

Buy PI Insurance happy to do that

Buy Practice Certificate happy to do that

When I was going through questions on form online the only one I fell down on was - have you 2 years post qualification In practice?

I want to be legit as it's only fair on the others providing the same service and then I can be confident no one will complain and I can advertise and try and build.

Surely my time served should count for something.

Any advice?

duffysfarm

Someone may be able to answer your question directly.

Or maybe you could contact omnipro. They advise Accountants on all regulatory matters on both sides of the border. Just Google them to get their contact details. They have a few ex chartered Accountants in employment