The Changing Face of Accountancy
New technology is changing the landscape of accountancy. This means, that in order for accountants to offer value to their clients, they are having to embrace the new exciting prospects that technology offers. “Traditional” firms will struggle to survive, let alone compete on centre stage with accountancy firms who promote cloud based software.
In the past, changes in the accountancy profession (tax legislation aside) tended to happen at a very slow pace, but that simply isn’t the case anymore. The introduction of the HMRC initiative ‘making tax digital’ (MTD) scheme, along with cloud accounting software by companies such as Quickbooks and Xero have transformed accountancy practices. With our training, our clients can now become their own bookkeepers having access to a 24/7 accounting system providing real time financial information and reports.
This releases our time to concentrate on the more important aspects which includes helping our clients build their businesses. By combining our skills as qualified accountants and tax advisers with a detailed knowledge of cloud accounting systems (after all, we are Xero gold advisers and Quickbooks platinum advisers) we are well positioned to support and build your business.
There’s never been a more important time to choose an accountancy firm who are well informed, well prepared and who choose to adapt with new technology.
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