Why use a Chartered Accountant?
There are many accountancy qualifications available to anyone wanting to enter into the profession, however it may surprise you to know that legally anyone can call themselves an accountant even if they do not hold any qualifications or relevant experience.
There are a large number of risks in using an unqualified and unregulated accountant for your business or personal affairs including:
Mistakes and errors
Increased monitoring by HMRC
A Chartered accountant by comparison is someone who has passed a wide range of exams covering subjects such as financial management, financial performance, business analysis, auditing and taxation alongside three years practical experience in a suitably authorised firm of accountants.
By using a Chartered accountant you know you are in safe hands as we are bound by a strict code of professional ethics and professional standards which will filter through to all the firms' policies and procedures including quality control, a complaints procedure and professional indemnity insurance. A Chartered firm of accountants is subject to monitoring by and reporting to their professional body to ensure that these high standards are being met.
A Chartered accountant is required to undertake a continuing level of professional development annually, including, where relevant, tax and auditing courses so you know your Chartered accountant is up to date with current changes in legislation and can give you and your business the most relevant and current advice.
Perrys is a Chartered firm of accountants regulated by the Institute of Chartered Accountants in England and Wales (ICAEW) so if you were to instruct Perrys as your accountant you know you will receive the most appropriate advice and service for you.
If you would like to discuss how Perrys can assist in your personal or business affairs please contact your nearest Perrys branch.
Article written by Zoe Gibbons