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Company Secretarial / May 30th 2014

How to choose the right Business Accountant?

A business accountant is a professional who is qualified to prepare financial statements and provide advisory services to their clients regarding a number of accounting and tax related matters. They can provide you with valuable advice in relation to your company. Business accountants offer a number of important services that are necessary while registering a company and once the company formation process is completed. These services are important to ensure that the company complies with administrative requirements, as well as legal, tax and practical issues. Business accountants play a major role in commercial success. It is very important to choose the right business accountant since they can assist with a wide range of business matters. When choosing the right business accountant, there are a number of factors that you should consider. You should ensure that your accountant has qualified through one of the main accountancy bodies such as the Institute of Chartered Accountants (ICAEW or ICAS), Chartered Institute of Management Accountants (CIMA), or the Association of Chartered Certified Accountants (ACCA). These bodies hold their members to account in the event of bad practice. The accountant should be responsive and should be in a position to deal with different situations and provide proactive advice, rather than just completing the annual accounts and tax returns.   (more…)

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