Get Propertymark Accountants Report

Filling out the Propertymark Accountants Report online can be a straightforward process if you follow the appropriate steps. This guide provides detailed instructions to help users navigate and complete the report accurately and efficiently.

Follow the steps to successfully complete the Propertymark Accountants Report.

1. Click the ‘Get Form’ button to obtain the form and open it in your preferred editor.
2. Begin by entering the member firm details in the designated fields. Include the legal and trading name, as well as the full address, ensuring accuracy for each entry.
3. Proceed to the tests for Propertymark accounting requirements. Review each clause and indicate compliance by selecting ‘Yes’ or ‘No’ for each test. Ensure that you provide a thorough examination to uphold the required standards.
4. Complete the accounting details section by specifying the member firm’s accounting year end and whether the firm has had a year end since starting to handle client money. Document the relevant accounting period dates.
5. Detail the two comparisons as per the Propertymark accounting requirements in the specified format. Use the first reconciliation date as the last day of the accounting year and the second date within the required range, and document the differences.
6. If applicable, provide details about any tenancy deposits held by the member firm, including the names of any custodial schemes or other entities related to these deposits.
7. In the results section, state your opinion regarding the compliance of the member firm with Propertymark’s accounting rules. Clearly articulate any trivial breaches or state any non-compliance.
8. If there are any non-compliance issues, document them in the ‘Details of Non-Compliance’ section, outlining the reasons for any discrepancies observed.
9. Complete the accountant details section, including your full name, qualifications, and firm information, ensuring all entries are filled accurately.
10. Finally, confirm your eligibility to complete the report by signing and dating the document as required, then prepare to submit the report.
11. After completing the form, save your changes. You can download, print, or share the report as necessary.

Begin completing your Propertymark Accountants Report online today to ensure compliance and accuracy.