The Practical Guide to Improving Efficiencies in the Accounting Practice

A few questions first;
Why should anyone read a publication on efficient working?
Why should anyone change working methods – they have worked fine for many years?
Surely, we are working efficiently now- we bill the time spent (and sometimes more besides)?

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The Practical Guide to Improving Efficiencies in the Accounting Practice

£49.00

£49.00

£49.00

£49.00

Product Description

The book stems in the first instance from a review of procedures in my firm, Glover Stanbury, a few years ago. The firm had lots of clients using software e.g. Sage 50 etc. and we were then obtaining their data and basically taking the steps as set out in the introduction. But everyone was doing things differently in the interim process. Yes, the accounts all came out looking very similar (but not always – more on this later!) from the accounts production software but the underlying working papers varied considerably. Some managers (and partners!) still had their “methods” – some rooted in the dark ages (well 25 years ago anyway) and some accounts files looked little different to those produced 25 years ago. Some probably have the same person working on them as they did 25 years ago! I fall into this category.

Everyone likes to think (and broadcast to the world) that they prepare accounts efficiently….you just have to do a web search and you get thousands of results for efficient accountants. Obviously no one would advertise themselves as “inefficient” though surely?

Here are just a few taken at random:

  • We can offer a prompt and efficient accounts production service…
  • We are striving to impress our clients with a professional and efficient service…
  • We aim to offer a friendly and efficient service…
  • A fast, efficient, highly computerized service for all business entities…
  • Accounts are processed in an efficient manner…
  • A friendly, courteous and efficient accountant…
  • professional and efficient accountants… (this appears a lot!)

The client is unlikely to know if the firm is processing data efficiently and unlikely to care as long as he gets his accounts within the promised time scales. Real efficiency though can save clients’ money and also make the firm more profitable!

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