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Accounting Firms in the UK
BrainHive Consulting
Enfield, North London, London, N14 4BS
Business Plan Consulting and Business Plan Writers since 2006: We make sure that founders get all the help they need with their startup. We produce all kinds of fundraising and presentation
London Bookkeepers
Looe, Cornwall, South West England, W8 6SA
We are a team of expert and fully qualified bookkeepers operating throughout the London Area, working for over 25 years with small to medium sized businesses. Here at London Bookkeepers we will keep
A E Accountancy Services Ltd
Great Dunmow, Essex, East England, CM6 4AE
As a small accountancy practice based in Great Dunmow Essex, we pride ourselves on being able to provide you, the client, with the highest standard of personal, financial and business services. We are
Inn Control
Northampton, Northamptonshire, East Midlands, NN1 5PT
Specialist Pub Accountants to the Licensed Trade. A passion for pubs, just pubs… ...that’s what makes us the best choice for you’ Are you looking for a chartered pub accountant? Inn control Ltd
Davies Warlow Chartered Accountants
Port Talbot, Neath Port Talbot, Wales, SA12 7BR
Local Port Talbot based Chartered Accountants. We want to save small businesses time, money and reduce stress. We are friendly, experienced and passionate about ensuring that your business gets the
Elver Consultancy
Elver Consultancy has expertise in assisting businesses and individuals with their financial affairs. This includes corporate, partnership and sole trader tax returns, tax planning, management
Tidal Bookkeeping Cornwall
Redruth, Cornwall, South West England, TR15 2HG
Tidal Bookkeeping Cornwall offers AAT licensed and qualified: Bookkeeping Payroll Self-Assessment Virtual Office Assistance Social Media Management to businesses in and around the Cornwall area.
Aysgarth Chartered Accountants
Leeds, West Yorkshire, Yorkshire and the Humber, LS1 2ED
We are the friendly accountants in Leeds who specialize in small and family run businesses. We use the Cloud to make you and ourselves more efficient.
Allenby Accountants
Uxbridge, West London, London, UB10 9LE
Allenby Accountants is an independent firm of Chartered Accountants and Tax Consultants from London. The company supports small business owners with accountancy and tax advisory requirements. The
Atreus Accountants Ltd.
Wimborne Minster, Dorset, South West England, BH21 1DX
Atreus Accountants Ltd. is an accountancy firm that helps and supports small and medium-sized businesses and aspiring business owners in the financial running of their ventures. Situated in Wimborne,
DS Burge & Co
Surbiton, South West London, London, KT5 8LP
We are a team of Surrey-based Chartered Accountants with offices in Surbiton and East Molesey. Established in 1980, our team have gained a wealth of experience in all aspects of accounting, to help
MJF Accountancy
Liverpool, Merseyside, North West England, L18 4QZ
MJF Accountancy Is a Liverpool based accountancy firm Incorporated in 2006. We are built on strong principles, expert knowledge and a whole range of skill sets that make us your perfect financial
The Business Bookkeeper
London, SW16 4QQ
The Business Bookkepping services in london at affordable prices and we keep your record safe. Providing self assesment, vat return, tax return and more services.
MJH Accountancy
London, EC1V 2NX
MJH Accountancy providing a full range of accounting services in North London and beyond. We provide book-keeping, payroll, business advice and taxation services to sole traders and limited companies.
Cloudco Accountancy Group Ltd.
Milton Keynes, Buckinghamshire, South East England, MK9 3BN
Formed in 2006, Cloudco Accountancy Group Ltd is a certified firm of accountants & tax advisers in the Milton Keynes - UK. Over the years, we have established ourselves as one of the reputable firms
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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