4 Tips for Finding a Qualified Accountant

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When you decided to start your business here in the UK, you consulted with many professionals who offered you their experience and wisdom as you made decisions about your business plan, your web design, and your budget.  Now that your operation is successfully underway, have you considered using an accountant to carry some of the financial load of running your company?  It’s imperative that you accountant be qualified and by reviewing the helpful tips below, you’ll find the trusted professional who can handle your documentation, save you time and money, and help you to grow your business.

Griffin Stone Moscrop

Accounting firms such as Griffin Stone Moscrop provide services that help your company realise its true potential

  1. You should engage a qualified accountant to handle your company’s financial needs. According to the website, local-accountants-uk.co.uk, you should partner with an accountant “that has taken and passed the stringent exams set by one of the professional institutes.”  The ICAEW requires that candidates pass 15 examinations and have 3200 hours of applicable work experience.  This means that the professional with whom you partner will have had experience and gained knowledge that can be an asset for your company. 
  2. Ask your accountant about his membership in professional institutes.  Affiliation with one of these institutes also means that they will have indemnity insurance that covers them and your company in case an error is made.  They will also have to observe the code for professional ethics that has been set forth by the institute; this is an accountability step that offers you an avenue to pursue if something goes wrong with documentation or work prepared by your expert.
  3. What are his qualifications?  There are many different qualifications here in the UK which you can ask your accountant about.  Some of these  include:
    • Chartered Tax Advisor
    • Chartered Certified Accountant
    • Chartered Management Accountant
    • Certified Public Accountant
  4. Does he belong to professional organisations?  Your accountant may belong to more than one of these reputable organisations and membership can be checked before you enter into an agreement with someone who speaks of his affiliation with a group. A few of them are:
    • The ICPA
    • The Institute of Financial Accountants
    • The Federation of Tax Advisers
    • IAPA

When your accountant has membership with his colleagues in professional organisations he is committed to providing you with exemplary service, sound financial advice, and work that is second to none.  His accuracy will be impressive and his advice will be such that you can trust and take confidence in it.  When you are seeking to partner with one of the chartered accountants in London, you’ll want him to be respected by his peers, to be courteous, and to attend to your documentation in timely fashion.  Professional firms such as Griffin Stone Moscrop offer continuity and clarity in the paperwork submitted on behalf of their clients and work diligently to provide accounting services that meet the needs of their clients.

To protect your company, you should only partner with a qualified UK accountant that has demonstrated his capability and professionalism by passing exams, working many hours to gain experience, and belonging to the organisations that represent his profession.

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James is a financial expert who has contributed several business and finance related articles. His expertise and first-hand knowledge of economics makes his blogs and articles informative and helpful for those looking out for guidance and assistance in matters related to finance. He has an active schedule of TV and radio interviews He is co-host of the popular VT Radio show Jim and Gordie Show. latest-articles-buttonJim comes from an old military family dating back to the American Revolution. Dozens of Confederate ancestors fought for the South in the War Between the States. Uncles fought in WWII and Korea. His father was a WWII P-40 and later P-51 Mustang fighter pilot. Vietnam found several uncles serving, a cousin, and brother Wendell as a young Ranger officer. His mother was a WWII widow at 16, her first husband killed with all 580 aboard when the SS Paul Hamilton, an ammunition ship with 7000 tons of explosives aboard, was torpedoed off the coast of Algiers. He has been writing, speaking and doing public relations, television, consulting and now multimedia work for a variety of American heritage, historical, military, veterans and Intel platforms. Jim’s only film appearance was in the PBS Looking for Lincoln documentary with Prof. Henry Lewis Gates, and he has guest lectured at the Army Command and General Staff School at Fort Gordon. Currently he is working to take his extensive historical video archives on line to assist his affiliated organizations with their website multimedia efforts, such as the Military Order of World Wars, Atlanta, Sons of the American Revolution, Sons of Confederate Veterans , Assoc. for Intelligence Officers, the Navy League, Georgia Heritage Council, National Memorial Assoc.of Georgia.

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