Hiring Tips for Accountants for All Accountancy Related Work

Posted by alexedward on July 21st, 2014

If you are a small business owner, you will need to hire an accountant for activities such as book keeping, management accounts, cash flow statements, tax advice, and in some cases preparation of a business plan. Although most business owners know that these activities are important, they may not be aware of the costs. When there are many transactions in your business, it is imperative that you hire a full time accountant. If you don’t have many transactions, you can try out a freelance accountant.  

If you don’t hire a full time Accountants in Hatch End, you may want to hire a good freelance accountant. Every three years businesses in the UK need to prepare a business plan. The freelance accountants can assist you in the preparation of the business plan, but they may charge you a bit high. By and large, a freelance accountant will charge you anywhere between £2,000 to £3,000, depending on the quantum of work and the number of days worked. For activities such as writing up the records, accountants can be hired on short term basis. These tasks are generally done regularly, but they can also be done on a monthly basis. Hiring accountants on a short-term basis is a good idea, but there are some very important aspects that you need to keep in mind. First and foremost, you will have to check if the freelance accountant is independent and not associated with any company. If he or she is already working for a company, then the company rules may not permit him or her to work in other organizations.

Accountants in Harrow are considered to be good accountants because they offer a plethora of accounting services. The accountants who offer book keeping services are generally available on a per hour basis. By and large, these accountants will charge you £20 per hour. When you hire accountants, you will find that they will offer you advice and tips that are very valuable for your business. So, when you hire accountants for book keeping or any other accountancy related services, you will have to use them optimally.

When you are interviewing the accountant, you will have to emphasis on a face to face meeting for the interview. During the interview, you can ask questions related to experience and knowledge on accounting procedures. If you don’t have an accountant, it is best to have an experienced accountant on your payroll. If you don’t want to hire the accountant on payroll, you will have to check out the costing for freelancing. Most freelance accountants will offer you services on a per hour basis. So, it is best to ask the fees upfront during the interview. Word of mouth recommendations work well for accountants. So, spread the word that you are looking out for the best accountant for your office. Be very careful of dubious accountants who have no qualifications, but they still work as accountants in different firms in the UK. Never hesitate to ask for the qualifications and experience of the accountant who you are interviewing.