What to consider when selecting an Accounting Practice
The accountant’s role has changed quite dramatically over the years, especially with the introduction of online accounting. Everything is more transparent and not to mention immediate. The days of having to wait weeks for your management or even yearend accounts are long gone with client’s expectations such that a few days turn around is the new normal as you can’t base business decisions on old data. These days your accountant can also offer a lot more than just accounts production with a lot of practices offering business and tax advice. Another complex area is Compliance, guiding you through Health and Safety, risk assessments along with HR and any ethical policies your business may have. Getting the best out of your Accountant Here are a few recommendations when you start to look…. Certified or chartered – choose an accountant that is regulated by a professional body especially if you were to need a business loan or an audit, maybe not immediately, but looking ahead.