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Accounting Firms in the UK
NuMetrix
Milton Keynes Buckinghamshire, MK13 0QP
NuMetrix specialises in helping gamers, Esports and streaming businesses expand. Offering professional advice and assistance to budding business owners who might have when begun gaming online for fun
Marianna Financial Services
Brentford, South West London, London, TW8 9DN
Marianna Financial Services provides you with fee-free mortgage services to get the best mortgage deals across the UK. Our skilled and reliable mortgage brokers that scan the whole of market to bring
Coveney Nicholls
East Grinstead, West Sussex, South East England, RH19 3LT
From our offices in East Grinstead in Sussex our team of chartered accountants works with a range of local businesses and individuals to deliver a range of market-leading accounting services. From
Douglas Home & Co
Douglas Home & Co are leading chartered accountants and tax advisors with seven offices across Scotland and Northern England. The team delivers a director-led service, which provides proactive advice
ProperSoft
Shoreditch, East London, London, EC2A 4BX
Need to import transactions or general journal entries, but the format is not supported? Try ProperSoft converters and avoid manual data entry.
Jonah Associates Ltd
Birmingham, West Midlands, West Midlands, B12 0DU
Tax Consultancy - Jonah Associates is an industry-leading tax obligation working as a consultant specialising in R & d tax obligation credits. We are trusted as well as respected experts to our lots
Mindspace Outsourcing Services Pvt Ltd
Westminster, West End, London, N1 7GU
Mindspace is actively providing bookkeeping, payroll and accounting services across all major countries of the world to a wide variety of clients. We at Mindspace, consistently maintain the quality of
Harries Watkins Jones
South Wales based Chartered accountants and registered auditors. Friendly, professional, qualified and plain
Blue-Shore Accountants Ltd
Holborn, Central London, London, WC2H 9JQ
We do everything online, from meetings via video call to bookkeeping with Xero. The funny thing is, that seems to give us more time to connect with our clients as people. And it gives them more time,
Financial Claims Consultants
Bournemouth, Dorset, South West England, BH8 8TQ
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients claim mis sold pension compensation. Call us today. We are very experienced consultants with strong financial
TI Accountancy Limited
Barrow in Furness, Cumbria, North West England, LA14 1RX
We treat your organization as if it was our very own. We've been assisting businesses with their numbers, funds as well as business growth considering that 2002. The firm was established by Tracy
THP Chelmsford Accountants
Chelmsford, Essex, East England, CM1 2QE
Popular THP Chelmsford Accountants offers expert help to businesses, sole traders and individuals in Chelmsford and the surrounding area. Whether you need help with your annual accounts, tax returns
Northants Accounting Limited
Northampton, Northamptonshire, East Midlands, NN1 4EU
Accountants, tax services, business plans, accountancy, business consultant. At N-Accounting, we deal with a concept that communication is among the crucial elements for the success of all UK
JS Mackie & Co
Coatbridge, North Lanarkshire, Scotland, ML5 1ET
J.S. Mackie & Co are a firm of accountants who pride ourselves on giving your business the time and effort it deserves. Blending traditional values with a modern approach, we pride ourselves on
Practical Bookkeeping Services Ltd - PBATS
Southend on Sea, Essex, East England, SS1 1BD
Based in Southend-on-Sea in Essex, Practical Bookkeeping, Accounting & Taxation Services will work with you to put systems in place to ensure your books are in good order, reducing your financial
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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