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Accounting Firms in the UK
Busy Bookkeeping
Balham, South West London, London, SW12 8SS
Bookkeeping practice based in South London. We focus on time-saving, efficiency and strong, personable client relationships.
Marine Accounts
Whitstable, Kent, South East England, CT5 2HE
Marine Accounts was launched in response to a gap in the market providing tax advice and mortgage products to crew working on superyachts. We pride ourselves in helping offshore yacht crew have the
Reach Accounting Solutions
Leek, Staffordshire, West Midlands, ST13 5HP
We are a modern accountancy practice, offering a fully tailored service to suit your needs, within a monthly fixed fee. We have a relationship with our clients all year round and get to know your
Rosemary Bookkeeping Wyre Forest
Stourport on Severn, Worcestershire, West Midlands, DY13 8DN
Rosemary bookkeeping Wyre forest provides bookkeeping services in and around Wyre forest to small businesses (sole traders, limited companies and partnerships). Rosemary bookkeeping, bookkeeper & vat
Henderson Taxation & Accountancy Services
Paisley, Renfrewshire, Scotland, PA1 1TJ
Accountants and tax advisers servicing clients in Barrhead, Paisley and Glasgow area for over 15 years. All your compliance needs sorted including self assessment tax returns, Vat returns,
McGinty Demack
Adlington, Lancashire, North West England, WN6 0XF
We are a leading North West accountancy practice located in Standish near Wigan. If you are looking for accountants in Wigan or accountants in Standish, we provide a professional business service to
Safety Training
Doncaster, South Yorkshire, Yorkshire and the Humber, DN4 0PL
"Safety Training in Yorkshire is the local specialist in the delivery of First Aid Training, First Aid Courses, fire safety training, fire marshal training and train the trainer training courses
Tim Taylor & Co
Tim Taylor & Co provide professional accounting and bookkeeping services in Swansea. We work with individuals and SME businesses across a wide range of sectors, delivering everything from tax
Radford Financial & Business Solutions
Gloucester, Gloucestershire, South West England, GL3 4DZ
Here at Radford Financial & Business Solutions, we offer bespoke Management Accountancy services that will support your business, projects and financial reporting requirements. We support your
Datarek Business Services
Southend on Sea, Essex, East England, SS3 8UP
Datarek Business Services (DBS) has been established since 2002. Based in the Essex and serving the South East of England, the main aims are to help provide accounting, bookkeeping and company
TaxLocal Accountants
Sawbridgeworth, Hertfordshire, East England, CM21 9JJ
TaxLocal Accountants provides accountancy services including; self assessments ,end of year accounts, cash flow projections, accounts production, advice, Tax Returns and VAT Returns for individuals
Moneypex
Birmingham, West Midlands, West Midlands, B9 5QE
Moneypex is an affordable and powerful free accounting software solution for business owners to keep track of their business finances. Through smart invoicing and high impact solutions, Moneypex Saves
Gledhill Accountancy
Todmorden, West Yorkshire, Yorkshire and the Humber, OL14 5QG
Gledhill Accountancy is a recently established and growing accountancy practise based in Todmorden. Wendy Gledhill has been working in the accounting industry for 36 years including a focus on charity
Direct Payroll Services
Stockport, Greater Manchester, North West England, SW19 2RR
We are one of the best payroll services providers in UK providing efficient & effective payroll solutions for employers. Get reliable payroll outsourcing services from a reputed company.
Kingston Burrowes Accountants
Surbiton, South West London, London, KT6 7AG
Founded on expert knowledge, quality customer service and value for money, Kingston Burrowes has been providing accountancy services and tax advice for more than ten years. From our offices in
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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