Compliance Masterclass for Bookkeepers
The ultimate guide to compliance requirements for Bookkeepers
This message is for you if you are an accountant or bookkeeper about to start or running your own business.
What is compliance?
Bookkeeping is a profession that is subject to numerous regulations from Government and other regulatory authorities that dictate how bookkeepers perform their work. Being able to comply with these regulations is the subject of this Masterclass
About The Course Teacher
I’m Noel Guilford, a chartered accountant and business coach. I’ve created, launched and built several successful businesses - and helped numerous others do so too – over the last 20 years from scratch and on a limited budget.
“Noel is the ideal coach for a bookkeeping business - not only does he understand the nitty gritty of the client work, he also has vast experience in growing and developing similar businesses, so his advice works across everything we do. He's easy to talk to, and holds me accountable without putting me under too much pressure. If you run a bookkeeping business and need someone to guide you through the maze, Noel is the coach for you.” Kate Brown, SOS Bookkeeping Limited
Does this programme really work?
I won’t make a claim I cannot back up so last year I created a pilot programme for just a few bookkeepers who trusted me enough to invest in me, to prove that my system works.
“[I’m] partway through the Start your own Bookkeeping Business course and couldn’t be happier with the resources and support included. Well structured, accessible learning pitched at exactly the right level, with enough flexibility from our tutor [Noel] to adjust, when required, to the individual needs of each member of the class cohort. A great way to feel mentored and supported on what could have been a very lonely journey starting a one-person business. Invaluable access to a huge pile of resources online to ensure you have everything you need to succeed.” Heather Prendergast.
Overcome the fear of regulations
Starting your own business - particularly one in a regulated sector like bookkeeping - is fraught with difficulty. It is far too easy to, inadvertently, fall foul of the regulations.
The programme covers all you need to know to comply with the Money-Laundering Regulations, Data Protection and GDPR, HMRC, insurance and secure data transfer.
What is included in the Compliance Masterclass for Bookkeepers?
- Compliance with the Anti-Money Laundering Regulations
- Data Protection and GDPR
- Record keeping
- Engagement letters and terms of business
- Meeting the requirements of HMRC
- Secure data transfer
How does the programme work?
There are three parts to the Masterclass, all hosted in our bespoke online training resource centre
What is my investment?
I want to help as many people who run their own bookkeeping business as possible, and so for a limited time I am offering this Masterclass at 50% of its normal cost of £199. You can enrol now for just one payment of £99.
The Bookkeepers' Guide to the Anti Money Laundering Regulations (updated 2021)
Bookkeeping firms have been required to comply with the Money Laundering Regulations since 2004, since when the regulations have increased in complexity. Fully updated to take account of the most recent legislation this guide includes checklists and templates to steer you through the compliance maze.
Who am I to make this claim?
So, I claim to be an expert who can show you how to create a robust compliance infrastructure that will enable you to run your business safely whilst complying with all the required regulations.But can you really trust me? After all, there are lots of ‘gurus’ and ‘experts’ out there promising the earth who don’t really know what they are talking about or only show you part of the process.
But teaching people how to build virtual bookkeeping businesses is not the only thing I do. Most of the time I’m busy running my own successful accountancy and bookkeeping practice. The guides, checklists and templates are the actual ones I have developed and use in my own business Now, for the first time, I’m revealing my exact compliance blueprint.
Here’s what people are saying about the Masterclass
SOS Bookkeeping Limited, Derby
Noel is the ideal coach for a bookkeeping business - not only does he understand the nitty gritty of the client work, he also has vast experience in growing and developing similar businesses, so his advice works across everything we do. He's easy to talk to, and holds me accountable without putting me under too much pressure. If you run a bookkeeping business and need someone to guide you through the maze, Noel is the coach for you
Ruth Ball Bookkeeping, Stoke
I have worked with Noel over the past couple of months and he has helped my business immensely. He has given me excellent sound advice to improve the way I work, which comes from his vast experience as an Accountant and his years in the business world. Noel is a pleasure to work with, very easy to get on with and has a great positive attitude. I can't thank him enough and highly recommend him to others.
ProBee Bookkeeping, Rochester
Noel has been an ideal coach for setting up my bookkeeping business. He is very knowledgeable with vast experience not only in accounting but in sales, marketing and other business processes. Noel is super helpful and there is no request too mundane for him to look into. He is also very generous with his resources and has a true passion for helping businesses succeed. I have really enjoyed working with him
Not necessarily, but this programme isn’t about teaching you bookkeeping so you need to either have been trained and gained a qualification of be qualified by experience. Lots of excellent bookkeepers have learnt ‘on the job’ and taken ad-hoc courses to supplement their knowledge.
If you have a formal accounting or bookkeeping qualification (such as ACCA, AAT or ICB) and you are a member of one of these organisations then you must hold a Practising Certificate from the body of which you are a member. They will also become your Money Laundering Regulations supervisory organisation. However, it is not a general requirement to have a licence to practise as a bookkeeper; if you are not a member of one of these bodies your Money Laundering Regulations supervisory organisation will be HMRC with whom you must register.
Yes, I've covered everything you need to know. All the information guidance and tips that you need to build your own successful bookkeeping business from scratch working only the hours you choose are included.
Yes, you have lifetime access to the programme including all future updates.
No, the programme includes everything you need to know. After the initial six months period during which we provide mentoring and support you can take the optional monthly support package for just £49 per month with no tie-in period.
The programme comes with six months of mentoring and support from Noel Guilford which includes a monthly webinar and Q&A, unlimited email support and access to our private Facebook group. After the initial six months period you can take the optional monthly support package for just £49 per month with no tie-in period.
Absolutely, the programme is fully flexible and you can make progress in the time you have available or complete it more quickly; the speed is entirely governed by you and how much time you decide to devote to it.
The programme is held on our learning platform which we refer to as the Resource Centre. Once you've invested in the course you will receive instant access and then you can start working through all the learning material in order. It is structured into well organised modules, chapters and lessons and is a simple step by step format so that you don't miss anything. You'll have your own unique username and password to log in and every time you do you simply pick up from where you left off last time.
The programme is designed for people working as bookkeepers in the UK. It covers the requirements of UK law , taxation, anti-money laundering and data protection, however, there is plenty of other content you could take and use if you are working in another country.
No, we obviously get a lot of qualified bookkeepers signing up for the programme but we also get people with other skill sets who will make great bookkeepers as well. Remember, however, that this isn’t a course to teach bookkeeping but a programme to show you how to build a success bookkeeping business.
Absolutely, I've designed this programme so that it's fully flexible. Many people set up and start their bookkeeping business alongside their current job to keep a regular income coming in whilst they build up their client base.
As part of the programme you'll get my proven system for marketing your business, getting clients and advice on how to retain them.
How can I enrol?
If you are interested in enrolling for the Compliance Masterclass you can do so here and obtain immediate access to the online Resource Centre and details of how to access the ongoing coaching support.