What can an accountant do for you?

In Uncategorized by Eagle

The work accountants do for their clients can be wide and varied—much more than just the annual tax return. Here’s a guide from Eagle Accountancy of the sort of work an accountant can do for you.

What is an accountant? 

The accountant is one of the key people in any business – whether it’s a small local office or a large corporation.

The full range of accountancy services can be provided by Eagle Accountancy in Carmarthen . Accountants work to verify the accuracy of all money transactions in a business and to make sure that all these transactions are legal and follow guidelines.

Accountants can:

  • analyse profits and losses
  • maintain payroll information
  • work with auditors
  • prepare budgets
  • prepare accounting reports
  • analyse financial trends
  • ensure expenditure control
  • document transaction
  • resolve accounting discrepancies
  • run financial databases

That’s just a brief overview. 

If you think that your business isn’t big enough to need an accountant, think again. If you are an expert in tax and finance, you may cope, but you will find that an accountant will still be a great help.

Your accountant will be able to advise you on your business plan, help with book-keeping or with setting up accounting systems so you can be sure you are recording all the information you are required to do by law.

You may need advice on VAT and PAYE and the procedures involved. You can also get advice on  budgeting and forecasting cashflow from your accountant; and with  credit control. And they can give you up-to-date information on any finance related legal questions.

Simon at Eagle Accountancy has an out-of-hours telephone service. That means you can call your accountant whenever you need, not only in standard office hours.

Fixed fee accountancy services are offered to businesses in Carmarthen, Carmarthenshire and surrounding areas, so you can be assured that there are no hidden charges.