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How Can I Check If Someone Is A Chartered Accountant

Here in the UK, finding a qualified accountant can be complicated. This is as, unlike other professions like doctors or solicitors, no single body monitors exams and titles. Any individual can advertise themselves as an accountant or book-keeper without experience or training, meaning that their services may be of questionable quality. There is also little an employer can do legally if their accountant provides unlawful advice.

Thankfully, a large number of professional institutes exist which accountants can belong to. These bodies provide not only a guarantee of ability but also a level of protection via professional ethics codes and requirements for indemnity insurance. An employer then has the option to make a formal complaint to an institute and legal coverage in the event of any wrongdoing by a chartered accountant. Accountants which are ratified in this manner are usually the best option for both business and for personal use.

Accountants, such as, that hold qualifications from one of these bodies have to pass certain requirements which differ between bodies but usually entail a combination of examination and proven real-world experience. Some can be particularly demanding, with the ICAEW requiring 3200 hours worked alongside successful completion of 15 separate exams. While exact requirements will differ, each demonstrates a formal training.

Some of the qualifications that an accountant may hold include:

  • CTA, ATII or FTII (Chartered Tax Advisor). Issued by the Chartered Institute of Taxation or CIOT
  • ACCA or FCCA (Chartered Certified Accountant). Issued by the Association of Chartered Certified Accountants or ACCA
  • ACA or FCA (Chartered Accountant). Issued by the Institute of Chartered Accountants in England or Wales or ICAEW
  • CA (Chartered Accountant). Issued by the Institute of Chartered Accountants in Scotland or ICAS
  • ACA or FCA (Chartered Accountant). Issued by Chartered Accountants Ireland or CAI
  • ACMA or FCMA (Chartered Management Accountant). Issued by the Chartered Institute of Management Accountants or CIMA
  • ASPA or FSPA (Certified Public Accountant). Issued by the Association of Certified Public Accountants or ACPA

Accountants may advertise themselves as a Fellow, Member or Associate of one of the above bodies, which simply means that they hold qualifications from the institute in question. Otherwise, they may use an abbreviation or their qualification/title. They may also have more than one qualification or title which indicates that they have passed a number of accredited courses. Each institute offers prospective employers the ability to check a potential accountant, certifying their qualifications.

Beyond the chartered accountant bodies that issue qualifications, a number of other groups exist which represent accountants. These are generally organizations which accountants may belong optionally in order to gain professional advantages. Some specialise in certain niche industries (such as the Institute of Financial Accountants which focuses on smaller business) or more as advisory firms that can provide appropriate accountants (such as the International Association of Practising Accountants).

It is important to note that these bodies do not issue qualifications. The most important factor to consider when choosing a chartered accountant is their professional title, such as Chartered Tax Advisor. These titles are simple to check and confirm via the appropriate bodies.

A Beginner's Guide To Forex Social Investment Networks

Over the past few years, the interest in online forex trading has grown at an exponential level. This growth in interest can be due to various reasons; however, the primary causes may be a chance to generate income and the increased ease of platform use. Nowadays, the forex trading platforms are far simpler to navigate and easier to use than in previous years making it convenient for people of all levels of aptitude. To ensure greater success than the average trader, it is always recommended that one gain some education in forex and learn how to use platforms effectively. This article will help provide knowledge by acting as a guide to the forex social investment networks.

What Is Forex Social Investing?

To understand the social investment networks, it is important to have a basic understanding of forex social investing. Before the introduction of the internet, it was difficult for investors to meet traders that could influence their earning opportunities; therefore, their degree of support and contact base where not always useful. By utilizing the internet, it is now possible for investors across the globe to interact through online networking and expand opportunities for earning using income strategies. Forex social investing is the interaction between investors on the social trading networks of the trading platforms.

What Is The Forex Social Investment Network?

Traders on the forex market complete their trading using different forex platforms and the social investment network is a feature as part of these platforms. Novice traders or investors can find it difficult to complete trading strategies during their early days, but by utilizing the investment network they are able to interact and learn from others. The purpose of the online social investment network is to share information between traders, follow each other, and copy trades when possible.

The investment network is designed in a manner similar to other social networks, such as Facebook or LinkedIn, where each user is provided with a profile wall. On this profile wall he/she is able to share information regarding their strategies, their trading movements, and other details they feel would be beneficial to others. By sharing this information, novice and experienced users are able to gain knowledge regarding online trading and build their skills set.

An important aspect of the forex social investment network is the issue of following and copying traders. Following is a form of subscribing to a particular trader who you feel is worth reviewing, and this is highly beneficial as all their shared information is sent directly to you without having to complete additional research. Reviewing their information and strategies you will be able to copy the trades using the data. This can be useful as you may generate income, however there are various potential risks and you need to be aware of these before copying a trader.

Final Words On The Matter

Trading forex online can be a highly enjoyable and lucrative activity; however, there are various aspects to consider in order using effective trading strategies. By using the information above you will be able to effectively navigate forex social investment networks and base trades on the interaction with other investors.

Learn Forex Trading Basics To Get Started With World's Biggest Market

Foreign Exchange Trading (Forex Trading) is the worldâs largest market where currencies are traded. This involves buying, selling and currency exchange at the current currency prices. As per the volume of trading involved, forex trading is by far the worldâs largest market. Every day over 4 trillion USD are exchanged in the forex market. The market however doesnât determine the relative values of the traded currencies but instead it sets the current market price of a currency as demanded by the other.

Forex Trading is unique because;

When compared to other markets of fixed income it has low margins of relative profits.

The market is available for 24 hours a day with the exception of weekends. The major trading centers are located in New York, London, Sidney, Hong Kong, Singapore, Frankfurt, Paris, Zurich and Tokyo.

Has numerous factors that affect the exchange rates

Its geographical dispersion as itâs available online.

uses leverage to enhance on loss and profit margins with respect to account size and most importantly,

The marketâs huge trading volume that represents the largest asset class in the world thus leading to the highest liquidity.

Why is Forex Trading Popular?

Itâs not easy to become a forex trader, but being one offers you the most amazing lifestyle regardless of any profession in the world. Its major advantages include;

Ease of access- one can fund their trading account with as little as 250 USD and begin trading on the same day.

Freedom of trade globally as business can be done online.

Your Focus is only on few currency pairs instead of thousands of stocks that can make one get lost.

Trading is commission free with overall cheap transactions costs.

The trading markets volatility allows traders to make profits regardless of market conditions with high probability market opportunities.


Forex Trading market is the leading liquid financial market (it has many bid & ask offers with easy executable trade at the desired trade as it has multiple buyers and sellers) in the world. Main participants in the Forex Trading are international banks, governments, currency speculators, financial institutions and also individuals.


Currency Rate.

This is the currency rate used against another currency rate. 

Bid Price.

The Bid Price is the amount of money you use to sell a currency at i.e. the Forex Market is willing and able to pay you this price for the particular sold currency.

Ask Price.

The Ask Price is the amount of money you use to buy a currency at. It also means that itâs the price at which the Forex Market is able to sell the currency to you. 


A spread is the difference between the Bid Price and the Ask Price.


Percentage In Point commonly known as PIP or Point is same as the minimum price increase of the Forex Trading Rate. In Forex Trading, the most common PIP is 0.0001.

The most traded currencies are the USD, Euro, Japanese Yen, Sterling Pound, Australian Dollar, and Swiss franc, Canadian Dollar, Mexican Peso and the Chinese Yuan.


Incorporating Better Personal Finance Management Into Your Life

Financial issues can lead some people into depression; it can even lead some to horribly drastic measures like suicide. Don't let your finances depress you. Whatever financial situation you're facing, it can be improved if you follow some simple tips about how to save money and improve your finances along with using personal finance software to help you keep on track. Keep reading to gain the knowledge needed so that you can save your personal finances.

Managing your finances is essential to your success. This helps you to stay organized, and keep your finances in order. Put some of the money you earn into more capital investments, and make sure to stay on top of the process to ensure that you continue to make money. Set goals for what you are going to hold onto as profit and which funds will be directed towards capital.

Eat like a local would to save money in a foreign country. You will want to eat at local restaurants, instead of in overpriced tourists areas and hotels. You can find quaint restaurants with lower prices and great tasting local cuisine.

Keeping a written notebook on your daily expenses can be a real eye-opener into where your money is going. If you put it away then you may completely forget about it. Rather than a notebook, try using a whiteboard that is set up in a room of the house that you spend a lot of time in. That way, you see it more frequently.

Don't be fooled by claims that a company will repair your credit history. Lots of credit repair companies want you to think that they can fix any situation of bad credit. This is not at all accurate since what is affecting your credit is not the same as another individual with credit issues. It is fraudulent to say that success is guaranteed.

Patience can be beneficial when it comes to personal finances. It is quite tempting to run out and purchase the newest electronics on offer. However, if you take a step back and wait for a bit, the price will likely drop. You will then have much more money available to purchase other products you like.

If you are having difficulties paying off a credit card, you should stop charging it. Eliminate any unnecessary expenses and find another payment method to avoid maxing out your credit cards Pay off your credit card, and then pay it off in full each month if you start using it again.

Try to negotiate with debt collectors who are trying to get you to make payments. They bought your debt from the originating company at a discount. Paying a little of what you have to pay can help them still make a profit. Contact any debt collectors you owe and see if they will accept an offer at a lower price.

Find a bank that offers free checking. Look at getting an account with a credit union or a local bank; you may also want to check out online banks.

Credit cards are a fantastic alternative to using a debit card. If you get approved for a credit card, stick to using it on essential items, such as groceries and gas for your car. Usually, when you have a credit card, you will earn rewards, which will result in cash back for these items.

You should be feeling happier and more confident now that you have some ideas about how to fix your financial situation. You ought to have a new perspective on how you can improve your financial prospects. Once you've implemented the tips you've learned here, pay it forward and give this article to someone else who might also benefit.