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bookkeeping and PII

portanure · 2008-06-09 16:38:23

Hi Guys Alot of people seem to be offering the service of Bookkeeping and I was wondering do you need PII insurance or can anyone do it. In the UK if any one is offering such a service and they are members of an Institute they need PII insurance and they need to follow other things such as maintain a cpd etc. I'm a CIMA…

09-06-2008 5:38pm

#1

portanure

Closed Accounts Posts: 21 ✭

Join Date: June 2008

Posts: 5

Hi Guys

Alot of people seem to be offering the service of Bookkeeping and I was wondering do you need PII insurance or can anyone do it. In the UK if any one is offering such a service and they are members of an Institute they need PII insurance and they need to follow other things such as maintain a cpd etc. I'm a CIMA student and know that if I want to offer a bookkeeping service I have to inform CIMA. As all people offering this service need to be supervised in the UK.

Does the same apply here.

Thanks in advance

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Comments

#2 18-06-2008 10:39am

The CCAinsider

Registered Users, Registered Users 2 Posts: 129 ✭✭

Join Date: February 2008

Posts: 129

You are not obliged to get PII for bookkeeping but it is recommended.

Bookkepers are regulated in the UK by a professional body or Revenue for money laundering purposes, but this has not been applied in Ireland yet. It is coming though.

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