Reasons to Engage a Local Firm

Whether you're a business, organisation or just a person in need of financial advice, it's always wise to seek counsel from an accountant. Exeter, fortunately has a large number of accountancy firms and single practitioners who stand ready to help with virtually any type of finance- or accounting-related issue. These skilled professionals provide a wide variety of accounting services, and it's important to choose a local accountant for many reasons. For example, only a locally based firm will have a deep understanding of and experience with financial matters in Exeter and its environs. Such a firm can best serve the unique and specific needs of the city's residents and businesses. Read on for some important information about engaging an accountant in this vibrant city.
About Exeter's Financial Climate
The financial climate in Exeter is quite diverse. Businesses and organisations have one set of needs and requirements, and individuals have another. Exeter-based accountancy professionals offer a wide range of services that are tailored to match the specific needs of persons and businesses in the city. Such services include, but are not limited to:
  • Business and personal taxation assistance, including value added tax
  • Audit of statutory accounts
  • Management accounting
  • Manual or computerised bookkeeping
  • Preparation of annual accounts
  • Advice on buying or selling a business
  • Retirement planning
  • Succession planning
  • Business planning
  • Business plan evaluation, advice, and validation
  • Due diligence
  • Assistance with raising finance
About Exeter's Business Climate
Exeter's positive business climate is the result of a conscious and optimistic collaboration that exists between the city's business and civic leaders, and also amongst the towns and villages in the region. This has created a highly successful partnership that fosters, controls and manages change in an effective and dynamic way. Exeter is an energetic, ambitious city with a strong commitment to supporting innovation and encouraging positive change. To support such a progressive vision, a stable financial infrastructure is essential. So, it makes good sense to manage and secure your personal or business financial affairs by engaging a local accountant. Exeter firms stand ready to help, and can do a great deal to help clients understand and exploit the many opportunities that exist in the region. Here are some key points to consider when making your choice.
Choosing the Right Accountancy Firm
Before engaging a firm, it's important to have an in-depth understanding of your particular financial situation, requirements and needs. This will go a long way toward creating an effective relationship with an accountant. Exeter has a diverse financial climate, so it's important not to divide your business amongst multiple companies, because this fragmentation leaves you open to incorrect or conflicting decisions and actions. Be sure to check the credentials of any firm you're considering. It is you, not your accountant, who will be held responsible for any errors. Ensure that the accountancy firm carries indemnity insurance, which will protect you against any losses suffered as a consequence of their actions. Engaging an accountant is one of the best ways to protect yourself against financial disasters.

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