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DM Bookkeeping profile image
D

DM Bookkeeping

‘20 Certificate of Excellence

At DM Bookkeeping we specialise in start-ups, small businesses, and sole traders. Our services include: ◾Bookkeeping ◾Financial Accounting & Accounts Preparation ◾Self-assessment returns ◾Corporation tax returns ◾Partnership returns ◾Payroll ◾VAT returns ◾CIS returns ◾Assistance with registering for self employment

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Hear from
a professional

What kind of accounting services do you provide?

?Bookkeeping
?Financial Accounting & Accounts Preparation
?Self-assessment returns
?Corporation tax returns
?Partnership returns
?Payroll
?VAT returns
?CIS returns
?Assistance with registering for self employment

Why is it so important for businesses to hire a great accountant?

When you're running a business it's essential that you have up-to-date figures at your finger tips. You can't run a business if you don't have any idea of how you are performing. Having a great accountant gives you peace of mind - you can concentrate on running your business safe in the knowledge that your Vat returns, RTI returns and Corporation Tax returns are all being submitted on time.

What do you love most about your job?

People who run a business are often daunted by the accounting and reporting requirements. The feeling that they rely on you to keep things running smoothly is very rewarding.

What inspired you to start your own business?

I initially worked in an accountancy practice, but having two small children meant I needed more flexibility. I started my own practice, initially working only while they were in school. As they got older I expanded the practice to a full time occupation.

Why should our clients choose you?

I have been running my own practice for over 10 years. I have clients from many varied fields - sole traders, partnerships and limited companies. I work conscientiously for my clients whilst maintaining a good personal relationship with all of them.

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Accounting FAQs

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Your expert Accountant will be able to advise you on the full range of services available and will be able to help you select the best financial services for your company. They will also be able to answer any questions you may have. Use Bark to get free quotes and find an accountant today.

The title 'Chartered Accountant' and the letters ACA or FCA, indicates that the person has undertaken a minimum of three years in-depth training, passed a series of examinations in financial management, auditing, business strategy and taxation as well as committing to continuing professional development.

As opposed to specialising in tax returns, a Chartered Accountant instead will focus on providing accurate records of all financial transactions for an individual or business. Consequently, this type of accountant is more likely to be found employed in a more commercial capacity.

Hiring the right Accountant for your business may take a bit of time. Who you choose to look after your accounts is vital, especially if you have plans to expand as you will need to look for someone who will get more involved in the financial side of things the bigger your company gets.

  • Research - Start with the company’s website and look at the accounting services they offer with an eye on what you might need in the future. If you choose an accountancy firm that doesn’t have the expertise to help you as your business expands, you will end up needing to finding another accountant.

  • Create a shortlist - Create a shortlist of three or four firms you
    think are a good fit and arrange face-to-face meetings with all of
    them. In addition to the fees, you need to find out about the
    services they provide, as well as their customer services.

  • Fees - Some Accountants charge by the hour while others operate on a fixed-fee basis. You need to be clear before selecting an Accountant for your business on how their fees are calculated.

  • Qualifications - It is important to ask questions about the
    qualifications and experience of the people who would be dealing with your accounts. You need to know that you could work with them, trust that they are on your side and are continually looking for ways of
    adding financial value to your company.

  • Accounting software - You will want to check that any systems you use are familiar to the accounting firm. Your current method of financial reporting may not be the most effective one for your business and they may recommend systems that can do it better.

  • Financial jargon - If you are not an expert on finance, your Accountant needs to understand this and be able to communicate with you in a clear and concise manner.

You can be confident that any of the Accountants listed on Bark will be a safe pair of hands for your finances.

Before you choose an Accountant, you could ask to see examples of their work, read testimonials and ask to see references of past work they have done.

The AAT (Association of Accounting Technicians) qualification is the minimum level of qualification required for most kinds of accountancy. To become a chartered accountant, you need to obtain higher level qualifications such as the ACA, ACCA or CIMA, which will allow you to become a chartered accountant.

You could also look at their profile page on Bark and view reviews from past customers as well as examples of work that they have completed. This might also help you get some ideas for the types of services you need.

Accountants offer a range of different services. These include:

  • Accounting - All accountancy firms produce financial records, track your revenues and expenses and provide consulting on your business's overall financial health.

  • Auditing - Many businesses require a periodic audit of their finances which may be a requirement of your investors or written into the bylaws of your incorporation.

  • Tax Filing and Planning - Many accounting firms can ensure your financial reporting practices are compliant with current regulations, determine your company's tax liability and make sure you meet filing requirements and deadlines.

  • Management Consulting - Many accounting firms offer business advisory services to help you with your business plan, evaluate your current operations, identify new opportunities, alert you to changes in the business or regulatory environment and offer practical advice to help your business be more efficient and successful.

  • Speciality Services - Some offer services such as business valuation which helps determine what your business is worth should you be considering a merger, acquisition or sale. Some firms can offer fraud and forensic accounting services.

Reviews

4.76/5.00

based on 212 reviews

The average rating for Bark Accountants in Cardiff is 4.76, based on 212 reviews.

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