Thursday, 22 June 2017

All About London Accounting – What You Should Know

Royds Accountancy
Accountants in Eltham
43 Lovelace Green,
Phone: 020 3488 0529

If you just typed in "London accounting", it's either your looking for leads on the best accounting companies based in London, or you're looking for information on the accounting courses that you can study at the schools in the area. Whatever it is, you know that there is a difference between the two, a big difference, so if you're looking for accounting companies, make sure to type in “London accounting firms”.

There are many accounting firms based in London. If we are to trust the information on, there are at least ten of them. And that's just counting the ones that you can find on the first page. There are at least ten pages worth of results on the Yell, not to mention the ones that you will find Google.

One thing that we know to be true about the accountants in London is that not all of them are created alike. While some provide complete chartered accounting services, other serve only ala carte services. And then there are those that offer special auto-enrollment retirement services. Auto enrollment is required for UK-based companies that have qualified employees. As the name implies, employers need to create a pension program and automatically enroll their employees, at least those that qualify, to that program.

Also, while there are accountants that serve any type of client for as long as they can afford the service, there are those focus solely on startup companies. And there are other accountants that service a specific group of clients. You as a client should know what type of services you need. But accountants don't just differ in the services that they provide. They also differ in the quality of their services.

If you're like most other people, you will want the best service that money can afford. London accountants can save you money at Royds Accountancy in Eltham. If you are looking for a good investment, contact them now.

How do you find the best accountant? 

 You do it by doing due diligence on which accounting firms have a great reputation. You can online and look at the star ratings and reviews on Yell. Unfortunately, only very few accountants have star ratings in there and client comments. That said, you will need to do reputation research the old way, and that is by talking with former clients.

Make an appointment with at least three different accounting companies and consult with them about your needs. When the appointment is done, ask for references. Any decent company that's worth your time would be more than willing to provide you with references. But if its not able to provide references or is not willing to, move away and move on to the next accounting company.

How much does it cost to hire an accountant?

That really depends. While some charge hourly fees, others charge fixed fees. It's up to you whether or not you're going to hire an hourly account or a fixed fee accountant. But no matter what you do, make sure that you've researched on at least three different accountants before hiring.

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