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Accounting Firms in the UK
SG Accountants Ilford
Ilford, East London, London, IG1 1DG
SG Accountants Ilford is the best Accounting firm in the United Kingdom. If you want to get rid of your finance and tax matters then you should come to us. Our team knows what exactly is the solution
Trial Balance Bookkeeping & Accounts
Neath Port Talbot, SA10 6HZ
We are qualified bookkeepers and accounts professionals with years of experience in accounts preparation and submission, payroll and business development.
Wright Lilley & Co
Lincoln, Lincolnshire, East Midlands, LN4 3DZ
Chartered Certified Accountants with over 40 years experience at offices in Metheringham and Grantham, we provide full accountancy services to limited companies including company formation; limited
Giles Finance
Dagenham, East London, London, RM9 5YN
We are an independent finance company providing capital to businesses in the payment processing market. We provide financial leasing services to our partners and payment services providers.
MTD Cloud Accounting
Witney, Oxfordshire, South East England, OX28 3AB
We are a team of qualified professional accountants based at our HQ in Oxfordshire. We are here to provide a support service to owner managed businesses. We do this through our own platform where we
Lamont Pridmore
Carlisle, Cumbria, North West England, CA1 1BJ
Lamont Pridmore is a multi-award winning firm of Chartered Accountants, tax and business advisors with offices across Cumbria. It is helping drivers make the most of the distinct tax advantages from
MJS ACCOUNTING
Uxbridge, West London, London, UB10 OFP
We provide accurate financial information to our clients in a timely manner. That is our commitment towards our clients and we never cease to compromise on that. We have well documented financial
Dynamic Project Advisory
Canary Wharf, East London, London, E14 5LB
Business is meant for improvement and we, at Dynamic Project Advisory (D.P.A.), ensure that by standardised production of full accounting services and consultants for companies. Our expert financial
10 Chartered Accountants
Northampton, Northamptonshire, East Midlands, NN1 5PT
10. Chartered Accountants are an accountants firm based in Northampton. We provide a wide range of accounting services for forward-thinking business people and their businesses. Our clients receive
Chris Makin Mediator
Mirfield, West Yorkshire, Yorkshire and the Humber, WF14 9SF
Chris Makin is a chartered accountant with vast experience, firstly as a general practitioner and for the last 30 years as a forensic accountant and expert witness. He continues to use his talents as
KG Accountants
City of London, SE1 1HR
KG Accountants are one of the leading Community interest accountants in the UK and have excellent in-depth knowledge and expertise in dealing with CIC accounts, CIC Payroll, CIC Bookkeeping, CIC
Calvella Limited
Hounslow, South West London, London, W4 3BU
Calvella helps businesses to overcome challenges in an ever-increasing competitive market place. Calvella’s consultants develop comprehensive business strategies as well as several effective ways
Shaw & Co LLP
Bristol, South West England, South West England, BS1 4HQ
Shaw & Co are a focused advisory team established to help owner-managers maximize and realize the value within their business. Specializing in areas of corporate finance.
bsassociate
Hayes, West London, London, UB3 4DX
We are master charge experts, we can deal with your records and assessment forms to give you a chance to do what needs to be done. Us a call or send us a message and we will hit you up. We are your
Moore Thompson
Peterborough, Cambridgeshire, East England, PE7 8GX
Accountants Peterborough, providing a full range of accounting, audit, corporate and personal tax planning and related financial services. Our office in Peterborough gives us close links with the
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Accounts will become a very important part of your business endeavours, therefore you are maybe wondering how to find the best and most reliable accountant. Since every pound counts for a business owner, you want to know where you stand by the end of every month and year, here is when a reliable and knowledgeable accountant will help you. While using accounting software can help you monitor your business costs, it is simply not enough for your business. There are many benefits of working with a reliable accountant and they extend beyond simply monitoring numbers and costs. If you make sure to choose a good, reliable, and reputable accountant, they can become the financial partner of your company for life. This is why you want to take your time and ensure the best choice when looking for an accountant.
Before you decide to hire an accountant, make sure you understand the four fundamental areas where an accountant can be much of a help.
Fundamental Areas of Accountant’s Expertise
• Accountant can help you with business advisory – An accountant should be knowledgeable about the business environment of your company, also your tax situation, financial statements, etc. Once the accountant is knowledgeable of all these aspects, they will be able to fit all pieces together and help you come up with a business plan and a personal financial plan. An accountant should be able to provide you with helpful and knowledgeable advice on different business aspects from insurance to expansion and everything in between. A reliable accountant will be able to provide you with an objective and unbiased insight and opinion.
• Accountant can help you with book-keeping and accounting – Of course, the main expertise of an accountant is accounting and book-keeping. An accountant will help you by setting bookkeeping and accounting systems to help you monitor and manage your day-to-day business records. A good system set by a reliable accountant will allow you to evaluate the profitability of your business and modify prices if required. An accountant will also help you with monitoring expenses and tracking budget, spotting trends and reducing accounting fees, etc.
• Accountant can help you with tax advice – A good accountant will also provide you with help on tax-related issues and questions in two main areas: tax compliance and tax planning.
• Accountant can help you with auditing – Auditing is a service most commonly required by a bank when it comes to loans. There are many levels of auditing and an accountant can help you with preparing financial statements, the actual audit, and other aspects of auditing.
How to Choose an Accountant?
Of course, the best and often easiest way to find a reliable accountant is by getting referrals. You can get reliable referrals for an accountant usually from your attorney, banker, or business colleague because these are the professionals, who often need to work with an accountant. While a good accountant will often work for a big company, there are many reliable and experienced specialists, who are certified public accountants and work for middle- and smaller-sized companies and businesses too. It is very important to check if the accountant has a CPA. Once you narrow down your choice and settle on an accountant professional, it is important to consider and discuss with the accountant how much of the work will be done by your company and how much of the workload will be done by the accountant. In general, an accountant will be able to help you in three broad categories: recording transactions, assembling transactions, and generating returns and financial statements. It is important to determine in which category you will need the help of the accountant.
The next step when choosing an accountant is to interview them and see how you will “click”. If you have narrowed down your choice to more than one accountant, make sure to arrange interviews with all of them. There are many questions you can ask in order to determine whether an accountant can be helpful to your business or not, most of them we will explore below.
Questions to Ask an Accountant
There are three main categories of questions you would like to ask the accounting specialists during the interview you arrange with them.
• Services – Is the accountant offering bookkeeping besides tax and auditing services? What about management consulting, estate planning? Does the accountant help with the design and implementation of a financial information system that works for your business? Does the accountant offer additional services such as analyzing transactions for loans and financing, preparing, auditing, reviewing and compiling financial statements, managing investments, representing you before tax authorities?
• Personality – You should make sure that the style of work and personality of the specialist is compatible with yours. Is the professional the right choice for handling your business? After all, you are leaving your business in their hands, you want them to be reliable and professional. Ask specialists how they will handle situations and issues relevant to you and your business. Listen to the answers and make a decision on how they will approach your company.
• Fees – Make sure to ask about service fees upfront. A reliable accountant will never be hesitant about asking such questions and they will provide you with all the information you need to make a decision. Most professionals will commonly charge by the hour. Make sure their fee system and all the costs involved in working with them works for you and your business. Get a range of quotes, if needed, and you can also make a final decision based on the budget you can use for working with an accountant. However, don’t base your decision solely on cost and mainly look for experience, professionalism, reliability.
Make the Most of Your Work with an Accountant
After you make a final choice and decide on a specialist, make sure to engage them through a letter or a document that spells out all terms of the agreement. Such a document should mention all details including the fees to be charged. Such a document will make sure that both you and the accounting specialist have the same expectations from this relationship.
Fundamental areas of accountant’s expertiseHow to choose an accountant?
Questions to ask an accountant
Make the most of your work with an accountant