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Accounting Firms in the UK
Wainwrights Accountants
Birkenhead, Merseyside, North West England, CH62 3PW
-Wainwrights Accountants was established over 30 years ago – but we still consider ourselves a young practice. Mainly due to the fact we are constantly moving forward and are always adopting the
Cheylesmore Accountants
Coventry, West Midlands, West Midlands, CV3 5GU
Chartered Accountants and Tax Specialist based in Coventry. We focus on the numbers so you can focus on your expertise. Cheylesmore Chartered Accountants and Business Advisors provide the best
Foresight Accountancy
Bath, Somerset, South West England, BA1 1HL
We offer modern accountancy and bookkeeping services to people who wish to take their finances into the future. Cloud-based accounting specialists, Xero & Quickbooks online partners. Covering the
R A Lister Ltd
Wakefield, West Yorkshire, Yorkshire and the Humber, WF1 3BY
Established since 1985, R A Lister Ltd has been providing both personal and professional accounting services within the Wakefield area ever since. We are chartered accountants who provide a range of
Penny & Pounds
Redcar, North Yorkshire, Yorkshire and the Humber, TS10 1BU
Our team of professionals are highly skilled within the accountants industry and always develop their knowledge to benefit their clients. They make it their priority to arrange and manage your
US Global Tax
Merton, South West London, London, SM4 5HP
US taxes preparation UK can bring so many challenges for you. As you are not a professional in this business you should take the help of the US tax advisor London in order to make the US tax
Adderley, Hill & Co
Bromsgrove, Worcestershire, West Midlands, B60 3DJ
Adderley, Hill & Co is a Worcestershire-based, AAT-regulated accounting firm helping SMEs owners across the UK. Our XERO-certified accountants and business advisers understand that the core of every
Xero Accounatnts
Birmingham, West Midlands, West Midlands, B12 8AF
We pride ourselves on offering our customers expert accounting services. We help with taking the pain out of accounting and making accounts a real added value to your business's decision-making
Accounts and Legal
Brighton, East Sussex, South East England, BN1 6EA
At Accounts and Legal we specialise in tax and cloud bookkeeping for small and medium-sized businesses. As platinum Xero accountants, we can offer a broad range of services to freelancers, small
A2Z Taxis Malvern
Malvern, Worcestershire, West Midlands, WR14 3SE
Seeking a reliable and secure trip in the community? Here is A2z Taxis Malvern at your service for 24/7. Our experts reside in your business at the city for just about over than ten long years. Our
ACCOTAX
Sutton, Surrey, South East England, SM4 5BQ
ACCOTAX is chartered accountants in London. We offer stress-free accounting & taxation services to our clients in London & nationwide. Looking for an accountant in London?
FZCO & CO
Dagenham, East London, London, RM9 6HP
FZCO & Co is an accountancy and tax advisory firm based in London with offices in the UK. Our qualified expert accountants specialist in a wide range of taxation & accountancy matters for sole
Birmingham/Head Office
Birmingham, West Midlands, West Midlands, B4 6AT
VPEF are UK based Payroll and Accountant professionals, with over 20 years of experience in various industries and countries. Our services for the UK & International clients include but are not
Modus Accountants
Witney, Oxfordshire, South East England, OX28 4YR
Modus Accountants are more that just your average accountants. Our Accountants in Witney use your numbers to generate data to help guide you your business to success. We serve clients in Oxfordshire
Elver E-commerce Accountants
Wigan, Greater Manchester, North West England, WN3 6XU
Elver E-commerce Accountants provides Accounting for E-Commerce Businesses across the UK. We are passionate about helping to keep your online business in-line with your plans and ambitions. To book an
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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