As the gap between what different accountancy firms offer widens, is it time you started to question your current accountant and what they have to offer you?

There are two distinct types of accountant, both able to satisfy you statutory obligations, but have you thought about the other services that your current accountant offers? Accountants can be grouped into one of two categories, traditional accountant or modern accountant. Remembering that the key difference between the two is that a traditional accountant is very reactive to your needs and a modern accountant is proactive and has an active role to play throughout your fiscal year.

If you want an accountant to complete your year end accountants & tax returns and stop there, then a traditional accountant is what you need. You will find these accountants make up the vast majority of the market and easy to find. They sell their services like a commodity and compete on price. They do not actively deliver value added services, but they are more often priced accordingly.

If you want an accountant that you speak to on a monthly basis, who is in touch with you and your financials and can provide tax saving strategies, then a modern accountant is want you need. This type of accountant will set up accounting systems in your business to help monitor your finances and proactively assist you in future planning, whilst also looking after the historic information and statutory requirements.

The beauty of a modern accountant is that they will be able to work with you remotely, opening up your choice to the whole of the UK. You no longer need a local accountant. Nimbus Accounting is a leading player in this arena. Nimbus is a modern accountancy firm and we believe our service stands out in the industry. If you feel that you could do with a new approach to your accountancy needs then give Nimbus a call today to discuss why you should have a modern accountant.