The source of accountants’ frustrations

Here are two fundamental issues facing our profession: 1. Clients don’t value our core product, financial accounts. 2. Clients don’t pick up on the advisory services that we offer. The two most common explanations? 1. Financial accounts are historical and don’t tell the client much that is useful to them. 2. Clients don’t want to […]

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Accountants … when will the talking stop?

How much difference do you think we accountants make? I know that there are people out there doing amazing things but, generally speaking, are we better at saying than doing? Look at the evidence on two levels. As a profession there are many people (myself included!) who make a living out of telling accountants how […]

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How accountants can help to smooth out a business sale

When a client announces that they are selling their business, many accountants feel pressed to get the accounts up to date quickly or perhaps feel the need to prepare management accounts and projections ASAP. There’s nothing wrong with that as such… but therein also lies the problem. They can be so focused on these jobs […]

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The Secret Accountant: the 2018 Budget and all that

Theresa May told the Tory party conference that people deserve a break from the long spell of austerity and claimed this would soon be coming to an end. The PM’s bold words have, of course, put pressure on the chancellor to ensure that his (third) Budget on Monday reflects this … and brings hope for […]

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A glimpse into the crystal ball (of accountancy)

The business world is going digital and accountancy is no exception, driven by advances in technology and constant changes in regulation. The role of an accountant, once perceived as a number cruncher, has already evolved to encompass new skills, with even more of a focus on technology and relationship management. To further explore the pace […]

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Accountants, clients… and the stress factor

At Accountex back in May I was asked about accountants and stress levels. I pointed out that stress in the workplace for accountants in practice is nothing new. It is not a recent development, it is just that now more publicity is quite rightly being given over to the subject. I have been in practice […]

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TaxCalc takes on new product director

TaxCalc has hired a new product director to spearhead a major expansion initiative. Pauline Smith will lead the group’s Making Tax Digital strategy, augmenting its product suite and developing solutions to bolster its practice management offering. A veteran of 17 years in product development at IRIS, Pauline her last two years at there leading the […]

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Sion Lewis, CEO IRIS Accountancy Solutions

IRIS draws up blueprint for success at Twickenham

IRIS will unveil its blueprint for accountancy businesses to thrive in the digital economy at its annual conference, IRIS World.  The UK’s largest accountancy software provider will explain how it is setting the future standard for tomorrow’s practices while continuing to serve the firms of today. IRIS will announce several making tax digital (MTD) developments […]

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Why MTD is a journey not a destination

First of all, let us be clear – making tax digital (MTD) will happen in one form or another. Many of the accountants we speak to still believe that MTD will be scrapped due to cost, logistics or Brexit (or other political considerations). But as recently as 13 July, HMRC reiterated the current deadlines on […]

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