Insist on properly qualified accountants & Chartered status

You should expect to deal with an accountant who holds a proper accounting qualification from a recognised professional body.

Accreditations to look for include ICAEW – the Institute of Chartered Accountants in England & Wales, and ACCA – the Association of Chartered Certified Accountants.

In a complex and punitive tax environment make sure you’re dealing with a professional. Further, membership of a Chartered body means that an accounting firm has to abide by its strict professional code of conduct and regulations.

Unfortunately, many firms have set themselves up as accountants with few real qualifications. This dramatically increases the risk for clients and you’ll be the one to suffer any financial penalties as a result of poor advice.

So, always make sure that the accountant you’ll be dealing with day-to-day is properly  qualified and that the firm is a member of a chartered body.

Engaging websites and innovative tools are great but never lose sight of the fact that high quality, professional accounting and tax advice is what you’re paying for.

At First Class Accounting you’ll only ever be given tax and accounting advice from a professionally qualified accountant and we are members of the ICAEW.

For more information please watch the video above.