If you’re an established business and you’ve come to take a look at this page then you’ve probably:
- Grown to the point where you need to take on extra help with running your business (excellent news!)
- Got a specific project on the go that requires additional short term support from a Chartered Accountant
- Decided (for what ever reason) that it’s time to change accountant
Having worked as Financial Controller for a rapidly growing engineering firm Katie Hearns has dealt with many of the issues you might be facing:
- What processes should we put in place to ensure spending is adequately controlled?
- How can we keep a closer eye on our forward looking cash flow?
- How can we get useful management information out of our accounting system?
- How can we measure our performance effectively?
MTD Scotland can help answer all of these questions by:
- Designing tailored processes and policies
- Setting up monthly reporting packs
- Setting up suitable templates for cash flow modelling and forecasting
Short term projects
Maybe you’re implementing a new system and need additional help to make sure the process goes smoothly.
Maybe there’s a complex accounting matter that requires detailed research or data processing to determine the correct outcome.
Katie is experienced in swiftly picking up intricate or problematic finance issues and getting to grips with what needs done to achieve the desired end result or solve a problem.
If you already use a chartered accountant for your compliance work but would like to change provider then we really really want to assure you that the ‘hassle factor’ of changing is not that significant – the process is quite simple and all chartered accountants have clear procedures to follow and will remain completely professional throughout.
Once you’ve decided to move all that happens is…
(1) You contact your old accountant (an email is fine) and provide details of the companies and services you wish to move and from what date.
(2) Your new accountant will contact your outgoing accountant to request professional clearance (this gives your old accountant the chance to courteously highlight any issues they may have faced with their outgoing client). It’s designed to weed out unscrupulous clients so that they don’t just move around from accountant to accountant.
(3) Your new accountant will be bound to follow anti-money laundering procedures. It’s straightforward enough so long as you can provide them with proof of identification, proof of address and a copy of any company certificates of incorporation that are relevant to the work being transferred.
(4) Your new accountant will send you an engagement letter to sign covering all the services to be provided and sets out who is responsible for what.
(5) Your records will be transferred from your old accountant to your new accountant.
And that’s it.