Why use a CA
No matter how big or small your business, or the sorts of challenges you face, a CA can give your business the edge. The value of a CA goes way beyond just looking after the numbers.
You might not think you need a CA, particularly if you already have an accountant. However, could you rely on them to reduce your tax burden, come up with innovative growth strategies or value your business?
The value of having a CA is that you know you’re doing the best that you can with the limited resources you have as a small business. They come up with things you may not have thought of, and act as a sounding board if you’re thinking about going in a different direction.
Ross Somerville, Director, West of Scotland Engineering
A Chartered Accountant can support in many ways including:
- Getting your new business off to a flying start
- Identifying and securing capital and investment
- Managing all your financial and regulatory affairs
- Helping your business become more profitable
- Guiding you through key strategic milestones as your business grows
CAs who work in a practice and offer services to the public are:
- Subject to regular Quality Reviews and monitoring
- Required to keep up to date on technical matters
- Required to have professional indemnity insurance in place
- Required to have a complaints procedure in place
- Subject to disciplinary procedures by their membership body (ICAS)
This combination of comprehensive training, experience and a rigorous monitoring process is critical to the high standards CAs offer their clients to manage their finances effectively.
Your most trusted business adviser is a CA.
How to make sure your adviser is a CA
A firm of Chartered Accountants may have the ICAS member brand mark on their stationery and the individual Chartered Accountants in the firm will have the letters CA after his/her name. You can check if they are on our list of members or directory of firms.