Does your accountant contact you before your year end? If so, do they actually consider your individual circumstance and advise accordingly?
By reviewing your financial and taxation prior to your year end action can be taken rather than figures simply reported back to you. Year end planning may be as simple as considering pension provisions, ensuring discretionary purchases are made at the best time and looking at dividends and drawings. There may be more significant opportunities such as incorporation of your business, preparing forecasts and reviewing your profitability.
Year end accounts
Of course one of the primary purposes of appointing an accountant is the preparation of your annual accounts. Like most accountants we will prepare accurate accounts and provide comments on them. Unlike many firms we guarantee to provide your accounts to you within 20 working days of receiving the information.
If you have taken up our management account service then not only do you know there will be no shocks in the system.
Our standard service is to provide the accounts in draft form with full comments and notes. We then discuss these with you prior to finalising the figures. Once you approve the figures we file the accounts on line.
