Ben Blackmore: my experience of accountancy training

Ben Blackmore is a Trainee Accountant within the HB Accountants team. Having gained his first taste of working life as a sports coach with a family friend at the age of 15, he completed a Sports Diploma at college. His next move after college was to become a machining engineer at his father’s workplace.

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How to review your accountancy support

You compare your suppliers to ensure you’re getting a competitive price and service, but have you thought about reviewing your accountancy support? It may be that you’ve used the same accountant for a long while and they’re most likely giving you the support you need. But it’s always worthwhile conducting a review to make sure they’re reaching your expectations and meeting your current business needs.

But what should you look for? These are the questions we believe you need to ask yourself in order to make an informed assessment.

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Five steps to ensure a smooth audit at year end

To ensure a smooth audit, ideally you should prepare for it during the year. By keeping on top of your finances throughout the year you’ll be well organised when you need to file your corporate tax returns with HM Revenue & Customs and provide audited annual accounts to Companies House at year end. So, who has to have an audit and what steps can you take to make your auditing process run smoothly, with minimal disruption to your day-to-day activities?

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Tackle Cybersecurity for Payroll Records

It’s safe to say that payday is the time of the month that employees look forward to. But there are hidden processes and vital security measures that are necessary to make this coveted day run smoothly. Using an outsourced partner like HB Accountants for your payroll can help you to streamline your payroll and cut the risk of a cyber breach. So, what’s at stake?

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We already have Annual Accounts, why do we need Management Accounts?

Annual Accounts are very familiar to business people. Every year statutory reports which comply to specific accounting standards must be filed with HMRC and Companies House. But what about Management Accounts? There is no legal obligation to generate them. Why then, do so many organisations depend on Management Accounts in running their operations and could you be benefitting from them too?

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