Welcome to World of Accountants a most comprehensive directory providing information relating to professional accountants in the United Kingdom.
Where you are planning a new venture or to develop and expand an already active one you will find the services of a professional accountant invaluable. You and your partners/co-directors are the heart of your venture with your professional accountant alongside to help oil the wheels and keep you on track.
You and your colleagues will know what you want to achieve, your professional accountant will help you organise the ways and means.
The same principles apply to profit-making ventures, non-profit-making ventures, charitable ventures etc. alike. Each needs an objective, each needs a plan, each needs control, each needs constant monitoring, each needs progress evaluation. It is in these areas that your professional accountant will be able to provide advice ensuring that each stage is properly set up and effectively employed.
Your business plan will consider feasibility, resources i.e. funds, labour availability, sources of materials, premises, plant and equipment. Have you sufficient customers etc?
As time goes by and your venture succeeds you need to be sure that taxation liabilities are kept to a minimum. Your professional accountant can now wear his taxation advice hat and ensure that you pay the right amount.
What do you do with your after tax profit? Consult your professional accountant. He wearing his investment advisor hat will provide you with his advice.
Eventually other issues arise to be considered - retirement provision, succession issues and inevitably, wills and inheritance provisions. All matters that your professional accountant will be able to advise on.
A good accountant is generally an accountant for life.
All the accountants listed on this site are members of well established and respected bodies and are regulated as to professional conduct, confidentiality, qualty of work, maintenance of educational levels etc.
These bodies include:-
The Institute of Chartered Accountants in England & Wales.(ICAEW)
The Institute of Chartered Accountants in Scotland.(ICAS)
The Institute of Chartered Accountants in Ireland.(ICAI)
The Association of Chartered Certified Accountants.(ACCA)
The Chartered Institute of Management Accountants.(CIMA)
The Chartered Institute of Public Finance and Accountancy.(CIPFA)
The above make up the membership of a grouping of the UK's six professional accountancy bodies known as the Consultative Committee of Accountancy Bodies.(CCAB)
The Chartered Institute of Taxation.(CIOT)
Professional accountancy covers many types of activity such as:-
- Auditing (must be registered as an Auditor)
- Taxation (Company tax, Personal tax, Value added tax, Inheritance tax etc.)
- Employment and Payroll matters
- Value Added Taxation
- Business planning
- Insolvency(must be an Insolvency Practitioner)
- Corporate Finance(Mergers and Acquisitions, Company re-organisation, raising finance for business purposes etc.).
If your professional accountant cannot provide expert advice on a particular matter he will know who can and will be able to refer you on.
Accountants begin their professional lives as student accountants, many having been to university, and work through various intense study processes, taking relevant examinations until they reach qualification. The experience gained throughout their period as students stands them in good stead for their life ahead whether as professional accountants or as accountants in other business areas.