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Accounting Firms in the UK
Lukro
Peterborough, Cambridgeshire, East England, PE2 8UQ
Certified bookkeeper in Peterborough. Lukro Ltd provides professional online bookkeeping, accounting and payroll services to sole traders and small businesses.
Haggards Crowther LLP
Fulham, South West London, London, SW6 4TJ
Haggards Crowther is a diverse firm of Chartered Accountants & Chartered Tax Advisers with offices covering Parsons Green, Fulham & Putney in South West London. At Haggards Crowther we offer
Prosperity Wealth
Brierley Hill, West Midlands, West Midlands, DY5 1XD
Prosperity Wealth is a team of financial advisors empowering people and businesses in Dudley and the surrounding areas to manage their wealth with confidence.
CSM tax consulting
We help individuals and businesses navigate tax investigations. Based in Edinburgh, we work with clients across Scotland and the UK to resolve tax risks and HMRC disputes.
APT Tax Accountants London
Battersea, South West London, London, SW11 5QW
APT Tax Accountants London is your trusted choice for expert accountants in London providing expert accounting and tax services to small and medium-sized businesses. Whether you’re a sole
Taxta
Book a meeting with us today and discover how a powerful combination of digital accounting and expert, personalised support will elevate your business accounting, making reporting, bookkeeping and
Cangaf Limited T/A Cangaf Accountants & Business Advisers
Bolton, Greater Manchester, North West England, BL2 2HR
Cangaf Accountants provides unparalleled, customized accounting services to clients across the UK from our base in Bolton in the North West. We ensure that all of financial decisions are made
LAS Accounting
Musselburgh, East Lothian, Scotland, EH21 8FE
LAS Accounting is a highly reputable accounting firm offering comprehensive services tailored to meet the needs of small and medium sized businesses. Our expertise spans across payroll, bookkeeping,
Crawford and Co Accountants
Hassle Free Accounting All your accounting needs in one location. Online or face to face with our friendly team. Expert Support and Advice We're not your typical accountants, we can offer you so much
N-Accounting
Northampton, Northamptonshire, East Midlands, NN1 4EU
We specialise in helping ambitious small business owners grow and scale their businesses to a point they run by themselves and can sell one day. We do this by creating a financial model of their
Bells Accountants
Chislehurst, South East London, London, BR7 5AN
We are Bells Accountants in Kent, helping save you time and money with all-round accountancy and bookkeeping services. From bookkeeping and VAT returns to payroll services and personal tax
LeeP Accountants
Peterborough, Cambridgeshire, East England, PE2 7EY
We are a team of friendly and professional chartered accountants based in Peterborough, Cambridgeshire, offering accountancy, bookkeeping, taxation and business services to businesses in Peterborough,
MAR Accountants Ltd
Cranbrook, Kent, South East England, IG2 6SY
MAR Accountants Ltd offers comprehensive bookkeeping and accounting services to businesses of all sizes across the United Kingdom. Our team of experienced accountants specialize in streamlining your
DH Business Support
Liverpool, Merseyside, North West England, L3 4BN
We want to help you spend more time creating the business you want to see. We do this by alleviating the strains of bookkeeping, taxes and also payroll-- but also provide you with precious performance
Blackman Terry LLP
Haywards Heath, West Sussex, South East England, RH17 5QT
Blackman Terry is a team of accountants based in Haywards Heath. Established in 2010, we specialise helping small and medium sized businesses with everything from tax and accountancy through to
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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