Do you want more from your accountant?
These days an accountant’s role stretches far beyond bookkeeping and payroll. Business owners have come to expect much more, and so they should.
Account’s preparation and management information
In order to make successful business decisions, you need to have confidence in the information on which you’re basing those decisions. Working with poor management information can lead to a lack of clarity and control, a situation which makes decisions more likely to be reactive rather than proactive.
A good accountant should put a set of figures into perspective and help you to interpret what the accounts say about the performance and shape of your business.
Profit improvement, forecasting and cash-flow projections
Growing your business isn’t always easy, so you need to be able to focus on the areas of activity that make it most profitable.
Your accountant should help you to;
assess the key performance criteria in your business and explore ways of improving the monitoring of key performance data
assess the impact and likelihood of key risks and define appropriate actions
accurately present budgets and forecasts for a wide range of users, helping to gain confidence and foster business growth.
Strategic planning
It can be difficult to take a step back from the day-to-day running of your business. But, having a clearly defined strategy, delivered correctly, is a key factor in achieving increased profits and value.
Your accountant should be;
developing an effective business strategy and focus on the areas of priority necessary to achieve your goals
providing you with a recorded plan to implement, with fresh projects and actions throughout the year
conducting an annual strategic review to assess what has changed, and updating your plan accordingly
assisting with communicating corporate and team goals
helping you maximise team performance
assisting individuals to assess their wealth and entrepreneurial priorities, including looking at succession options.
If you’re looking for an accountant that offers strategic, business advisory, type role, Walling Accountants can help you.
We specialise in helping you succeed in business and go further to ensure you continue to grow.
If you are looking for an accountant, why not get in touch to see if we are right for you! Call Ian on 01772 925 230.
Alternatively, fill in the form on our Contact Us page, and we’ll get back to you.
