Trending articles
-
5 Reasons You Should Be An Accountant ...
25 Apr, 2025
-
What Does an Accountant Do and Why Is ...
24 Apr, 2025
-
What I Wish I Knew Before Becoming an ...
16 Apr, 2025
-
Here’s Why An Accounting Degree is ...
14 Apr, 2025
-
5 Reasons to Avoid Accounting (as a ...
07 Apr, 2025
-
The Future of Accounting: Embracing AI ...
24 Jul, 2023
Partner's ads
Accounting Firms in the UK
A Star Accounting Services
Windsor, Berkshire, South East England, SL4 5RF
Wisdom has provided outstanding professional advice and support. He has implemented fantastic systems which have helped Bonas MacFarlane become more efficient. Wisdom is always available when we need
Daniel James Accountants
Billericay, Essex, East England, CM12 0BZ
Daniel James is a family business with over 30 years of experience and today, we continue to build on our enviable reputation for providing advice and first class service to our business and personal
Kevin French Associates
Blackwood, Caerphilly, Wales, NP12 3JR
Kevin French is a member of the ICPA and has been a practising accountant for over 15 years. Prior to setting up his own firm, Kevin was an Inspector of Taxes and gained valuable experience as an
HPL Accountancy Services
Becontree, East London, London, RM9 4NL
A firm of accountants, we specialise in tax advice services and we are here to help you reduce your tax bill. We want to also let you know that we are a community focused firm, therefore, apart from
Priddey Harrison
Bromsgrove, Worcestershire, West Midlands, B61 8QY
We are pleased to announce that we have joined with the Solihull based firm, Jerroms, to become their Bromsgrove office. Founded in 1972, there are now over 55 members of staff at Jerroms, which
Franklins Accountants
Plymouth, Devon, South West England, PL4 7JR
An enquiry by HMRC can be a serious disruption to business and may take a long time to resolve. We run a fee protection scheme that will cover our fees should you be unfortunate enough to receive a
Evolve Accountancy
Wakefield, West Yorkshire, Yorkshire and the Humber, WF2 9SR
Discovering proper company funding is difficult at the very best of times for a lot of tiny and medium sized businessmen and managers. There are a number of factors that jointly explain why the
DNS Accountancy
Palmers Green, North London, London, N13 5PA
DNS Accountancy is a small firm of accountants based in North London. We are widely recognised as a model example of an efficient modern practice that combines the highest professional standards and
Accountancy Tax Direct
Uxbridge, West London, London, UB8 1JN
Our accountancy firm specialises in providing growing business accounting services. We help our clients achieve their ambitions and grow successful businesses through accountancy practice excellence
Forbes Young
Windsor, Berkshire, South East England, SL4 1PD
There are basically two types of Contractor Accountants; process driven Accountants and Relationship Accountants. Process driven Accountants offer a cheap option and just focus on the job of churning
Mmba Accountants
Cambridge, Cambridgeshire, East England, CB5 8UX
We are one of the UKs leading independent chartered certified accountants & registered auditors with offices in Cambridge and Preston, Lancashire. We initially started by setting up a limited company,
EcBs Accountants & Tax Advisors
Tunbridge Wells, Kent, South East England, TN1 1XP
EcBs is a firm of Accountants based in Tunbridge Wells and Tonbridge offering accounts, taxation, business advisory and support services to a wide range of businesses and individuals. We aim to meet
RT Accountancy Services
Enderby, Leicestershire, East Midlands, LE19 4AQ
Welcome to RT Accountancy Services Limited, a firm of accountants based in Leicester. We offer a wide range of financial services to domestic and corporate clients throughout Leicestershire. We offer
Lanhydrock Accountancy Practice
Lostwithiel, Cornwall, South West England, PL22 0AB
We offer a friendly, practical down to earth approach to accountancy that customers can understand and appreciate - that's the approach of this family run business. The practice is run by Lucy and
Exact Bookkeeping
No surprise fees - all fees agreed up front, before any work is started! You will also have unlimited calls to us, you won't be charged every time you pick up the phone to ask us a question! We even
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