Livia Iglodiova t/a AIMS Accountants for Business

Hiring a great accountant can provide numerous benefits for individuals, businesses, and organizations. Some of the key benefits include:
1. Expertise and Knowledge: A great accountant brings specialized knowledge and expertise in accounting, tax laws, and financial regulations. They stay updated on the latest changes and trends in the financial landscape, helping clients navigate complex financial matters effectively.
2. Financial Planning and Strategy: Accountants can assist in developing financial strategies and long-term planning to achieve personal or business goals. They can offer insights and recommendations based on financial analysis and forecasting, helping clients make informed decisions.
3. Tax Compliance and Optimization: A skilled accountant can ensure compliance with tax laws and regulations while also optimising tax strategies to minimise liabilities. They can identify deductions, credits, and exemptions that may be overlooked, helping clients save money on taxes legally.
4. Cost Savings: By effectively managing finances, optimising tax strategies, and identifying cost-saving opportunities, a great accountant can help clients save money in the long run. They can also assist in reducing unnecessary expenses and improving financial efficiency.
5. Time Savings: Handling financial tasks such as bookkeeping, tax preparation, and payroll can be time-consuming and tedious. Outsourcing these tasks to a professional accountant frees up time for clients to focus on their core business activities or personal pursuits.
6. Risk Management: Accountants can help identify financial risks and implement strategies to mitigate them. This includes assessing internal controls, detecting fraud, and ensuring compliance with financial regulations, reducing the risk of financial losses or penalties.
7. Financial Reporting and Analysis: Accountants can generate accurate and timely financial reports, providing valuable insights into the financial health of a business or individual. This information is essential for making informed decisions.
8. Business Growth and Expansion: A great accountant can provide valuable guidance and support during periods of growth and expansion. They can assist with financial forecasting, budgeting, and financing strategies to support business expansion initiatives.
9. Peace of Mind: Knowing that your financial affairs are in capable hands can provide peace of mind. A great accountant can handle complex financial matters with professionalism and integrity, allowing clients to focus on their priorities without worrying about financial issues.
10. Strategic Advice and Support: Beyond traditional accounting services, a great accountant can serve as a trusted advisor, providing strategic advice and support tailored to the specific needs and goals of the client. They can offer insights into business opportunities, investment decisions, and wealth management strategies.

There are several aspects of my job that I love, including:
1. Problem-Solving: I often encounter complex financial challenges that require analytical thinking and problem-solving skills. I enjoy the satisfaction of unravelling financial puzzles and finding creative solutions to financial issues.
2. Attention to Detail: Accountancy involves meticulous attention to detail, which appeals to me as I have a keen eye for accuracy and precision. The process of reconciling accounts and ensuring financial records are error-free can be rewarding in itself.
3. Continuous Learning: The field of accounting is constantly evolving due to changes in regulations, tax laws, and accounting standards. I often have opportunities for continuous learning and professional development, whether through staying updated on industry trends, attending training sessions, or pursuing certifications.
4. Helping Others: I play a crucial role in helping individuals and businesses manage their finances effectively. Whether it's providing tax advice to minimise liabilities, assisting with financial planning, or offering strategic insights, I find fulfilment in helping my clients achieve their financial goals.
5. Variety of Work: Accountancy offers a diverse range of tasks and responsibilities, from bookkeeping and financial analysis to tax preparation and auditing. This variety keeps my job interesting and allows me to develop a broad skill set.
6. Professional Relationships: I often build strong professional relationships with clients, colleagues, and industry peers. These connections can provide opportunities for networking, collaboration, and mentorship, enriching the overall experience of working in the field.
7. Sense of Accomplishment: Successfully completing financial projects, meeting deadlines, and helping clients navigate complex financial situations can bring a sense of accomplishment and pride. Knowing that my expertise has made a positive impact can be deeply satisfying.

I was inspired by a variety of factors to start my own accountancy practice, including:
1. Passion for Entrepreneurship: I am drawn to the idea of running my own business and being my own boss. The entrepreneurial spirit drives me to take control of my career path and create my own opportunities.
2. Desire for Independence: Starting an accountancy practice offers greater independence and autonomy compared to working for someone else. I have the freedom to set my own schedule, choose my clients, and make decisions that align with my values and goals.
3. Opportunity for Growth: Building my own practice provides the opportunity for personal and professional growth. As the business owner, I can expand my service offerings, take on new challenges, and pursue opportunities for advancement that may not be available in a traditional employment setting.
4. Fulfillment of a Dream: It was my lifelong dream and aspiration. It allows me to build something from the ground up and create a legacy for myself and and my family.
5. Financial Potential: Running a successful accountancy practice can be financially rewarding. While it requires hard work and dedication, the potential for higher earnings and financial stability was a motivating factor for starting my own business.
6. Desire for Flexibility: One of the advantages of owning my own accountancy practice is the flexibility it offers. I can tailor my work schedule to accommodate personal priorities, such as spending time with family or pursuing hobbies and interests.
7. Client-Centric Approach: Starting my own practice allows me to serve clients in a way that aligns with my values and priorities. I can focus on providing personalised service, building strong relationships, and delivering value to my clients in a way that sets me apart from larger firms.
8. Innovation and Creativity: As a business owner, I have the freedom to innovate and explore new ideas in the field of accounting. Whether it's adopting new technologies, implementing creative solutions, or developing unique service offerings, starting my own practice allows me to think outside the box and differentiate myself in the marketplace.

My clients should choose me as their accountant for several reasons, including:
1. Expertise and Knowledge: I have expertise and knowledge in accounting, tax laws, and financial regulations. I have qualified with Chartered Institute for Management Accountants, and my experience sets me apart as a trusted professional in the field.
2. Personalized Service: I am commitment to providing personalised service tailored to each client's specific needs and goals. I take the time to understand their unique financial situation and offer customised solutions to help them achieve success.
3. Trustworthiness and Integrity: I have built trust with my clients by demonstrating integrity, honesty, and transparency in all my dealings. I prioritise their best interests and adhere to the highest ethical standards in my practice.
4. Reliability and Dependability: I am a reliable and dependable partner who’s clients can count on for accurate financial guidance and support. I have a track record of delivering results and meeting deadlines consistently.
5. Communication Skills: I have strong communication skills and ability to explain complex financial concepts in a clear and understandable manner. I make myself accessible to clients and proactively communicate with them to keep them informed and engaged.
6. Value-added Services: I offer value-added services beyond traditional accounting and tax preparation, such as financial planning, business consulting, or technology solutions. These additional services can benefit clients and help them achieve their broader financial objectives.
7. Technology and Innovation: I remain up to date with the latest accounting technologies and tools to streamline processes, improve efficiency, and provide better service to my clients.
8. Accessibility and Responsiveness: I am accessible and responsive to my clients' needs, questions, and concerns. I prioritise client relationships and I am readily available to provide support and guidance when they need it most.
9. Long-term Partnership: I am a trusted advisor and long-term partner in my clients' financial journey. I am commited to building lasting relationships based on mutual respect, trust, and shared success over the long term.

Yes, I can provide accountancy services remotely. Remote accounting services have become increasingly common and popular due to advancements in technology and the changing nature of work.