Kingcott Accountants
Accountancy Health Check
Accountants For Small Businesses and Charities

Accountancy Health Check

Accountancy Health Check

Is everything well with your accounting system? Try answering the questions below to uncover potential areas of concern. If you answer no to any of these questions then we can help.

 

  • Do you always have time to complete the paperwork?
  • Are your accounting systems streamlined and cost effective?
  • Do you know where you are with the bank?
  • Are your creditors being paid on time?
  • Do you know who your debtors are, and do you collect on time?
  • Do you know if you are profitable?
  • Do you know which products/overheads are affecting profitability?
  • Can you interpret what the accounts are telling you?
  • Are your accounts frequent enough?
  • Do your computer systems work well?
  • Do you have a planning/budgeting system?
  • Are your tax returns up to date?
  • Do you have a clean bill of health with VAT and/or Inland Revenue?
  • Have you received comprehensive tax advice?
  • Have you sufficient resources to cope with one-off jobs such as stocks?
  • Can you keep up to date with changing legislation?
  • Do you have sufficient accounts personnel?

We believe in simple, cost effective solutions - our solutions usually save money. Please contact us or submit an enquiry form for a free consultation without obligation.