Bookkeeping is a legally regulated profession. Bookkeepers need to be registered with an Institute or directly with HMRC for Money Laundering Regulations – if they’re not, they are practising illegally. In my 11 years’ experience of looking after the books of SMEs, I have met many businesses, whose books have been ‘managed’ by family members, friends or staff members with a little bit of knowledge (a dangerous thing!). I have yet to come across a set of books which haven’t ha