Professional Services Accountancy and Taxation

Are you coping with international competition, clients demanding international quality work, and employees changing their attitude to work and rewards? Whether you’re a start-up, small family company or large established firm, professional services are continuing to face many challenges in the wake of the recession.  

 It is very important to interpret your management accounts properly and regularly action the key improvement possibilities revealed. EuraAudit UK has experienced teams at all our offices advising local professionals and acting as your part-time financial directors.

 You have access to specialist knowledge and experience in different professional sectors across the firm. We have specialists in areas as varied as veterinary accounts, barrister taxation, footballer testimonials; and compliance, assurance, audit and tax services for property consultants, management consultancies, IT services, solicitors, dentists, doctors, marketing and media agencies, and facilities management and recruitment agencies.

 Our team keeps up-to-date with regulation in these industries, logistical and warehousing concerns in distribution services and the effective implementation of processes across the board. 

 Today’s Challenges

The whole world is seeing a geographic re-distribution of service provision. Professionals in the service industry are now outsourcing their back-office operations and some of their core functions (locally or offshore) and it's important to manage this effectively and put in place contracts and agreements before work starts. In order to save costs and benefit from economies of scale, many service providers are also considering partnerships or joint-ventures which need to be properly managed from day one.You must be clear about expectations, responsibilities, payments, deadlines and penalties. Then you have to focus on smoothly managing the work-flow from your clients to the service provider and motivating your staff and service providers to deliver quality.

You need to recruit and retain qualified staff and train them to cope new ways of doing thing and new client demands. And you have to do all this while maintaining profitability.

 For a free consultation on how EuraAudit UK can help you, contact an office near you now.