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Covid-19 - Business support, advice, guidance and working arrangements

To support our clients we are posting regular updates on our group main website www.streetstweb.co.uk

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Getting the best from your accountant

Accountancy can be so much more than the odd phone call dealing with an emergency, the preparation of annual accounts, the calculation of tax and the client thinking they have been overcharged for what he gets.

The role of the accountant is primarily to help you make the most of money, pay the least amount
of tax and demonstrate the value of what they have done as opposed to the fee they’ve charged.

The following list highlights how to ensure you get the best from your accountant

  • Ask them how you can make things better
  • Make sure he understands your business
  • Ensure you have clear goals and objectives and that these are explained
  • Ask how they want the information needed to produce the accounts
  • Ask them to explain what the figures mean
  • Use their contacts to help you develop your business
  • Ask them how you can make things better
  • Make sure they tell you how to improve your processes

An accountant can not and should not run your business, but they should be a source of ideas for you to implement, they need to be proactive to your needs and not reactive to your problems.