interpreting accounts
Discussion
Ask him what the figures mean?
The thing is it sounds like you may not be in a position to do the accounts yourself. Not many are, it is difficult. If you do it yourself and mess up or are late with them the fines are in the hundreds or thousands of pounds. The accountants fee, is usually less than that.
It is a necessary evil I am afraid. When you have a burst pipe, you can either call a plumber or let your house get ruined.
The only other option is to learn how to do the figures yourself. I must say though, that even after a Bus Management degree, I was still not in a position to do this *properly* unaided. It's a hard slog to learn how to do it yourself, sometimes its best left to the experts.
The thing is it sounds like you may not be in a position to do the accounts yourself. Not many are, it is difficult. If you do it yourself and mess up or are late with them the fines are in the hundreds or thousands of pounds. The accountants fee, is usually less than that.
It is a necessary evil I am afraid. When you have a burst pipe, you can either call a plumber or let your house get ruined.
The only other option is to learn how to do the figures yourself. I must say though, that even after a Bus Management degree, I was still not in a position to do this *properly* unaided. It's a hard slog to learn how to do it yourself, sometimes its best left to the experts.
I certainly wouldn't want to do the accounts myself.
but with the current accountants, with whom I've been with for a decade, I get the feeling that it's a bit like insurance, I could be paying the same somewhere else and getting better service, or getting the same service for less, but I'm not able to make a comparison.
They feel a bit old school, and I'm tempted by some of the more 'dynamic' businesses like Danbro.
but with the current accountants, with whom I've been with for a decade, I get the feeling that it's a bit like insurance, I could be paying the same somewhere else and getting better service, or getting the same service for less, but I'm not able to make a comparison.
They feel a bit old school, and I'm tempted by some of the more 'dynamic' businesses like Danbro.
logoman said:
I certainly wouldn't want to do the accounts myself.
but with the current accountants, with whom I've been with for a decade, I get the feeling that it's a bit like insurance, I could be paying the same somewhere else and getting better service, or getting the same service for less, but I'm not able to make a comparison.
They feel a bit old school, and I'm tempted by some of the more 'dynamic' businesses like Danbro.
It depends whether 'dynamic' means that they let the understudies do it for them and they glance over and sign it off!but with the current accountants, with whom I've been with for a decade, I get the feeling that it's a bit like insurance, I could be paying the same somewhere else and getting better service, or getting the same service for less, but I'm not able to make a comparison.
They feel a bit old school, and I'm tempted by some of the more 'dynamic' businesses like Danbro.
Sometimes old school is good school - like insurance.
IMHO your best bet is a one-man-band who can devote time to you and making you happy to make sure you come back each year.
There is a guy called EricMc on here who is an accountant, certainly knows his stuff, and also fits into the above category.
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