With us as your accountants and advisers, you can look forward to the highest standards of confidentiality, technical quality, and personal attention – which is why we act as auditors to more ‘top 50’ accountants than any other firm.

We can help you grow your practice while operating effectively and maintaining compliance. We can also advise you on developing your accounting policies and practices.

We understand that your firm is unique, and whatever type of support you need, we are willing to share our ideas and thoughts on the direction of the profession.

Sharing how we’re developing to meet future demands

Our industry is continually evolving to meet the needs of clients, and with businesses benefitting from online software and cloud accounting to understand and improve their financial performance, and clients increasingly wanting ESG reporting to ensure compliance and meet their consumer demands, it’s important your accountancy practice can focus on meeting the needs of your clients.

We’re happy to share with you how we are developing our firm to meet the future demands of our clients, as we want to contribute to a positive and forward-thinking industry. Our approach is as much about helping and guiding as it is about providing you with independent auditing. We are completely confidential, and take steps to restrict internal access to data.

As well as offering the traditional audit and tax advisory services, we can support your practice in several other ways:

Financial health checks and practice management reviews

If your firm is expanding rapidly, it’s important your internal financial processes can keep up.

We offer financial health checks and practice management reviews, and can manage the implementation of our recommendations. We can also take on the upgrade of your accounts or practice management system, or help introduce a new one.

A financial health check and practice management review covers:

  • Income
  • Expenditure
  • banking and treasury management
  • reporting
  • the LLP and its statutory obligations
  • work practices and current capabilities within the finance team
  • the adequacy of existing software

LLP conversion

We were one of the first accountancy firms to take on limited liability status, and started trading as a limited liability partnership (LLP) from 1 April 2004.

Since then, we’ve helped many law and accountancy firms – and other practices in professional services and healthcare – to convert to LLP status.

As an LLP, you combine the benefits of limited liability with the flexibility of organising your internal structure as a traditional partnership. You have the same tax rules as a partnership, you can secure bank borrowings on debtors, and you can create a more corporate structure with its own assets and subsidiary companies.

There’s a lot to consider when setting up an LLP – such as engagement terms, profit sharing and exit strategies. We can help you through the process, making it as smooth as possible for everyone involved, including partners, employees, bankers, clients, landlords and suppliers.

Partner development reviews (PDR)

The partners in your firm are key to your overall business performance.

The PDR process can help direct and motivate them, by ensuring they each have a defined role, and that they’re using their strongest skills for the benefit of the whole organisation. We’ve been delighted with the results of the process in our own firm, and we now help implement it with other practices.

Our PDR information pack contains all you need to set up the process: partner role specifications, core skills and tasks, and how to apply and measure the process in practice – including easy-to-use on-screen 360 degree feedback. And, of course, we’re here to advise you on any aspects of your PDR.

We can help

Contact us today to find out more about how we can help you