Trending articles
-
The Future of Accounting: Embracing AI ...
24 Jul, 2023
-
Tax-Saving Strategies for UK Small ...
24 Jul, 2023
-
What is Double-Entry Bookkeeping? ...
18 Jul, 2022
-
Optimising Profit Margins and Reducing ...
04 Jul, 2022
-
10 Accounting Tips for Small Business ...
20 Jun, 2022
-
One Paper Line in the UK - Help for ...
08 May, 2019
Partner's ads
Accounting Firms in the UK
Hunter and Hunter
Edgware, North West London, London, HA8 5NP
Hunter and Hunter, the global property solutions company is a one-stop solution for all your property needs, our head office is in Queensbury covering the areas of Queensbury, Edgware, Harrow,
Heat Pump Installers Fife
We're Scotland's heat pump specialists, covering air source and ground source heat pumps in Fife, Edinburgh and surrounding areas. Our clients choose us because heat pumps can save you money on
BitsnPixs
Shoreditch, East London, London, E2 8AA
BitsnPixs is a designing services company where our focus areas are Raster to Vector Conversion and Embroidery Digitizing.
Outbooks
Harrow, North West London, London, HA3 5RN
Outbooks Delivers end to end Bookkeeping & Accounting Services from Offshore centers in India. We provide bespoke Accounting & Bookkeeping solutions, at reasonable prices to UK Companies looking to
Accountants in Croydon - CruseBurke | Accotax
Croydon, South London, London, CR0 1JG
CruseBurke is one of the leading accountant practices in the Croydon area and combines a breadth of expertise and experience that adds value to our clients. We have a highly skilled team and are an
2E Accountants Ltd
Kennington, South East London, London, SE17 3BF
2e are a firm of Chartered Management Accountants in London focused on business accounting systems, profits and return on investment, they customise services to meet individual customer needs and they
Nepolos Prosperity Financial Investors Group
Brixton, South West London, London, SW2 4QB
We are a financial firm that specializes in project funding & general financial services under the loan. Our principal function would be assisting you in complete financing through our reputable
Troy Accountants
Winchester, Hampshire, South East England, SO23 8SR
Helen and Boo have an amazing team who support each other, and most importantly as individuals, we are what you see – genuine and passionate about everything we do. We are friends who have known
AccountingPreneur
Camden Town, North West London, London, W1T 2QG
AccountingPreneur is an innovative firm of accountants providing accounting services, tax planning and business advisory services in London and throughout UK. Whether it's payroll services or
Drb Academies Services Limited
Birmingham, West Midlands, West Midlands, B1 2JB
Drb Schools and Academies Services provide high quality, professional and affordable solutions to Schools and Academies. From the provision of expert Strategic Financial Management services,
Security Doors Direct
Bromsgrove, Worcestershire, West Midlands, B60 1HQ
Security Doors Direct is a trading name for Security Care Ltd. We have a great deal of experience of supplying and installing Physical Security equipment, not only Steels Doors but also Security
DA-Desk FZE
London, SE1 7TY
Reduce costs with the leading disbursement accounts management solution in shipping – DA Desk. Including Disbursements Accounting, Port Disbursement Account, Final Disbursement Account Shipping,
MarTrust Corporation Limited
London, SE1 7TY
MarTrust is a global maritime financial solutions company focusing on Shipping Supplier Payments, Maritime Payment, Cash to Master Marine transactions and currency solutions to the maritime industry
AccounTax Zone – Top Accounting Services
Shoreditch, East London, London, N1 7GU
At AccounTax Zone, we ensure effective communication and understand all the objectives, needs, and strategies of our clients. As a result, we stay on the same page with the client and offer custom
WIS Accountancy Ltd
Borehamwood Hertfordshire, WD6 1JN
At WIS Accountancy we provide one-stop personalised accounting service to assist local startups, SME's, limited companies, landlords and also contractors around Borehamwood prosper and grow.
Can't find your business?
Adding a business to AccountantsBook.co.uk is free.Frequently Asked Questions and Answers
- Click here to navigate to the Login page.
- If you haven't yet registered, click here to navigate to the Registration page.
- Fill all required fields.
- After you have logged in, click on "Add Business.
- After you have clicked on "Add Business", you will be redirected to another page.
- You can now fill in the details for this Business.
- Click on the "Create" button.
- Your listing will now be "pending approval".
- One of our Administrators will review your listing and decide whether to Approve or Reject it.
- Priority listing positioning for city, county, in the search results, and our home page.
- A website link on the listing page.
- Can add services with links included.
- Have access to all submitted free quotes from our visitors.
- Increase leads that you can follow up and generate sales from.
- Increase your online presence which, these days, is an indispensable commodity.
- Allow the thousands of potential customers who use the directory each month to find you.
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