November 30th, 2014

The shocking truth about choosing an accountant – and what you can do about it

If you go to see a doctor there’s a few things you take for granted.
They’ve studied hard and passed loads of exams.
They keep their knowledge up to date.
They’ve got bags of experience.
They need to do things well – or they get struck off.
If they get something wrong there’s people you can complain to so it gets put right.

They may be lovely and friendly… or not…
They could be young. Or really old.
Male or female. Foreign or British. Whatever.
There’s one thing you’ll be sure about though. They really are a doctor.

You’d think the same would apply to accountants. You’d be wrong.

Any one can call themselves an accountant.

No qualification. No training. No experience. No insurance. No monitoring.
You just need a fancy website and a bit of self confidence.

So, when you’re choosing an accountant do these two simple things.

  • Pick a qualified accountant. They’ll be Chartered Accountants or Chartered Certified Accountants. You’re looking for these letters after their name FCA or ACA, FCCA or ACCA.
  • Check they really have those qualification. People will actually lie about this. You can easily check by searching an online database.
  • Ok, you may have to spend a bit more money on a qualified accountant. But, if you had to have an operation, which doctor would you choose? The cheapest?

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    Accountants

    by
    Managing Director

    Jonathan trained as a chartered accountant with Price Waterhouse (now PWC) in Liverpool before becoming a small business services manager for Grant Thornton in Warrington. He also spent three years as the financial controller for Brookside and Hollyoaks (not that he ever mentions it!).

    Jonathan is recognised as a specialist in the entertainment industry and is often called upon to provide training courses and seminars for media professionals. He's also a bit of a technology geek and has been recognised with the accountancy industry as one of the most progressive accountants in the UK.
    Outside of work Jonathan is very proud to be the Treasurer of the Tim Parry Johnathan Ball Foundation for Peace and to be on the Council of the Liverpool Institute of Performing Arts (LIPA)

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