Flash News NA 2025/04/04
The Replacement of an Accountant in Case of Incapacity: - Procedures for Companies and Individuals
The incapacity of a Certified Accountant, whether due to death, illness, or another reason, can pose a significant challenge for companies and individuals who rely on their services.
This article outlines the necessary procedures to ensure an efficient transition while maintaining compliance with tax and accounting obligations.
1. Introduction
Certified Accountants play a crucial role in the financial and tax management of companies and individuals. Their sudden incapacity can create uncertainty and operational difficulties, making it essential to have a quick and effective replacement plan.
2. Procedures to Follow
2.1. Contacting the Chaimber of Certified Accountants (OCC)
The OCC can provide information about the professional’s registration status.
2.2. Reviewing Contracts and Mandates
Many companies and individuals have service agreements with their accountants. These documents often include provisions regarding service termination and the potential appointment of a replacement.
2.3. Access to Documentation and Accounting Software
Ensuring access to accounting records and software is crucial. If the accountant uses digital tools, it is necessary to secure the transfer of login credentials.
2.4. Appointment of a New Certified Accountant
Companies and individuals should promptly seek a new professional, preferably with experience in the relevant industry sector.
2.5. Communication with the Tax Authority and Other Official Entities
The change of accountant must be communicated to the Tax and Customs Authority (AT) through the Portuguese Tax Authority Portal, ensuring the continuity of tax obligations.
3. How NOMINAUREA Can Help
NOMINAUREA provides accounting services, submission of mandatory tax returns, and human resources management, including payroll processing, enabling:
• Appointment of a new Certified Accountant
• Immediate access to accounting and payroll processing services
• Support in communication with the AT and other entities
• Operational continuity.
Conclusion
The incapacity of an accountant can have a significant impact, but with a structured plan and the right professional support, it is possible to ensure a smooth transition without setbacks. NOMINAUREA is prepared to assist companies and individuals in this process, ensuring the operational continuity of their accounting.
