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Accounting Firms in the UK
Spotlight Accounting Limited
Shifnal, Shropshire, West Midlands, TF11 9AZ
At Spotlight Accounting, we're a team of accountants based in Shropshire who are tax professionals and strategically minded! Devoted to assisting our clients make their businesses much more
Amass BTC Limited
Bedworth, Warwickshire, West Midlands, CV6 6JY
Amass BTC Limited is a very popular and leading business firm that provides the most reliable and trustworthy accounting services. Here you will get the top-class accountants that will help you
Empowered by Cloud
Glenrothes, Fife, Scotland, KY6 2PJ
Empowered by Cloud is a cloud based accountancy firm that help businesses in the construction industry throughout the UK with their finances. We are a one hundred percent Xero accountancy practice.
Get Empowered
Glenrothes, Fife, Scotland, KY6 2PJ
We are Get Empowered, cloud based trade and construction accounting specialists. If you're a trades or construction business looking to grow, you're in the right place. Whether you're just starting
LJS Accounting Services
Liverpool, Merseyside, North West England, L5 9PR
Whether you are a single trader or at the helm of a much bigger endeavour, it can help to take a step back and also remember why you embarked upon this journey. Extremely frequently, the excitement,
Roake & Cook Limited
Canterbury, Kent, South East England, CT2 9JA
Roake & Cook Limited are accountants based in Canterbury, Kent, specialising in the rural and agricultural industry. After years of experience with accounting and bookkeeping for rural businesses,
Quay Accountants
Manchester, Greater Manchester, North West England, M32 0RS
At Quay Accountants in Manchester, we are able to provide a range of 'traditional' accountancy services such as limited company accounts, sole trader and partnership accounts, bookkeeping, Xero cloud
Karia Accountants Ltd
Musselburgh, East Lothian, Scotland, DE24 8JY
We are a firm of Chartered Accountants that specialise in serving small and medium sized businesses. This includes contractors, freelance workers, landlords and self-employed individuals in the UK.
TaxBite - Solihull Accountants
Birmingham, West Midlands, West Midlands, B28 0DG
We give an individual as well as special accounting service personalized to you. We help start-ups, single investors, collaborations, limited firms, building landlords, experts, consultants as well as
JVCA The Friendly Accountants
Milton Keynes, Buckinghamshire, South East England, MK43 0DG
Accountants who can help you make a difference. like all accountants we can sort your VAT, Payroll, accounts and tax returns ... but also we can help you by doing more and helping more. Using our
Account-Ease
London, LU1 3PE
Account Ease is a team of online accountants providing services across the UK. We have a team of qualified accountants that are helping individuals, sole traders, limited companies, small businesses,
Merry Accountancy Services Ltd
Bury St Edmunds, Suffolk, East England, IP31 2RP
Accountancy and Bookkeeping Firm. We are a small firm of Certified Accountants, catering mainly to small limited companies, partnerships, sole proprietors and rental businesses. We run your payroll
Grant Saw Solicitors LLP
London, SE10 9BB
Grant Saw Solicitors in London provide a range of legal services to both businesses and individuals. Established in 1851, they combine a strong tradition of legal excellence with a modern, friendly
JMC Accountancy Ltd
March, Cambridgeshire, East England, PE15 0JR
JMC Accountancy is proud to be based in Cambridgeshire. We provide a full series of professional services from every day bookkeeping and tax advice, to annual returns and management reporting. We will
Freedom In Numbers
Sheffield, South Yorkshire, Yorkshire and the Humber, S9 5AB
A new approach to accountancy for you. Sheffield Accountants for ambitious and growing businesses. We offer a range of accounting services to support your business. We can help with accounts
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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