21-01-2008
Businesses urged to shop around for accountant
News by Adfero for Simply Business - independent providers of public liability insurance, business finance, landlord insurance, buy-to-let mortgages & commercial mortgages.
The country's businesses have been urged to shop around when looking for an accountant by the Forum of Private Businesses (FPB).
According to the organisation, a survey carried out by Clydesdale Bank and the UK200 Group revealed 86.8 per cent of businesses that responded said poor or incorrect advice had encouraged them to switch accountants.
Less than one in ten (9.7 per cent) said that their accountant had helped them to find the best possible savings, suggesting it is important to choose the right accountant.
Philip Moody, the FPB's senior member services representative, said that businesses should look for accountants that can devote both time and effort to their firm in order to help companies achieve what they need.
According to the survey, around one-third of respondents would like their accountant to fill the role of business partner, indicating how important some view the role.
A recent report from the Centre for Global Accounting Education, Benchmarking and Research, supported by Royal NIVRA and the Scottish Chartered Accountants Trust for Education, suggested that global recognition of accountancy qualifications is drawing nearer.
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