Accountants
Summary
Understanding the different kinds of financial people who can help you and your business.Key Concepts
- The word accountant is often used loosely to refer to a range of finance professionals.
- Statutory accounts are often required by law for the benefit of tax authorities or for public accountability. Management accounts help the directors of a business to operate it.
- Specialists associated with the financial services sector range from tax experts to debt collection agencies.
- Ideas businesses will find that accounting firms with direct experience of businesses based on intellectual property may be able to add more value than a generalist accounting practice used to dealing only with more tangible businesses.
