UHY Global – Issue 4 UHY Global, a bi-annual magazine, gives you insight into international business topics, featuring thought-leading opinions and experiences from global contributors including UHY member firms, leaders of UHY service and industry groups and external sources. A true representation of what the UHY network is about. Our fourth issue covers the following topics: Continental shift – Doing business in the new Africa. Smart buildings reach for the skies  – They are efficient, connected and cool – and construction is booming. Is the future alternative? Renewable energy can no longer be considered a fringe interest, by either policy makers or investors. Opportunity in uncertain times – Are the M&A highs of 2015 once more in reach, despite ubiquitous global uncertainty? Read the full version here Request a Call Back From Our Team #2017 #BusinessAdvisory #UHYGlobalIssue

Continuing our ‘5 minutes with…’ series we spoke to Richard Windrum, our Corporate Compliance Manager Richard Windrum is the Corporate Compliance Manager for UHY Farrelly Dawe White. He helps clients to comply with both Irish and European Legislation. The changes in Irish company law legislation are the biggest for the past 60 years and involve an increased risk of prosecution for non-compliant companies. Richard lives in Castleblayney, Co Monaghan and in his spare time, he enjoys socialising with friends, music and travelling abroad. Q. What has your career path been like to date? A. I’ve worked at UHYFDW for just over two years. Previously, I worked in Dublin for nine years – most recently with one of the Big Four auditors – PricewaterhouseCoopers (PwC). During my time at PwC, I was a consultant in Entity Governance & Compliance. I started my career as a Chartered Secretary with Binder Dijker Otte (BDO) for six years. Q. What is your educational background? A. I went to primary school in Castleblayney and attended Monaghan Collegiate during second level. Originally, I planned to be a school teacher but changed my mind. After I completed my A Levels in Armagh, I did a BA in Business Studies & Accounting at the University of Ulster’s Magee Campus in Derry. Q. Why did you choose business studies over teaching? A. I started teaching piano when I was 16 and I enjoyed it so I thought I might like to be a school teacher. However, I was also really interested in the law and accounting. My BA in Business Studies & Accounting and MSc in Management and Corporate Governance were the perfect fit for me because they involved both of those areas. Q. Did your degree include a work placement so that you could acquire practical experience? A. During my third year at the University of Ulster, I had to take a year out and find work relevant to my degree. I was offered a role at Northern Ireland Electricity. At first, I was mostly doing administration work and operating the switchboard. I was also involved in helping to progress jobs through to the engineers and produce reports for senior management.  They only took in 12 students from the top ten per cent of students across the four University of Ulster campuses and Queens, so I was fortunate to get the role. They kept 3 of us on, outside the 1 year initial term, including myself, and offered to pay for my final year of university if I agreed to work for them after completing the course. Q. What did you decide to do after you graduated from the University of Ulster? A. Shortly after I finished my exams I spent six weeks in Australia. Then I went on to do an MSc in Management & Corporate Governance at Jordanstown, the University of Ulster’s main campus. I also secured an Institute of Chartered Secretaries & Administrators qualification as an addition to the Masters. The qualification involved working with both figures and legal, which was ideal. Q. What was it like job hunting after finishing your Masters? A. When I finished my studies, I graduated as the top accounting student of the year and was offered a job at KPMG before graduating. However, I decided to turn it down and accept a trainee position at BDO instead. I had to get used to a few new ways of doing things, for example, the legislative differences between the North and South. I stayed at BDO for six and a half years. Q. What was your next career move? A. In 2011-12, I started thinking about a career advancement and in 2012, I joined PwC at Spencer Dock in Dublin. As part of that roll, I oversaw trainees and ensured that they had the right skills for the job. I enjoyed the additional exposure in this new roll and spent two and half years at PwC before moving to my current role at UHYFDW. Q. What responsibilities does your role at UHYFDW involve? A. I started at UHYFDW in April 2015. I was hired to assist clients comply with corporate legislation, in particular the new Companies Act 2014 and now also the new Companies (Accounting) Act 2017, together with EU legislation. The Companies Act 2014 is the biggest change in company law for the past 60 years. Under the new legislation, there is increased risk of prosecution for failing to comply with the Act. Q. Apart from music, what other interests do you have? A. I like to travel abroad. Longer haul destinations, I’ve visited Australia and New Zealand, I’ve also visited New York, Washington, Virginia and Florida. The next destinations on my bucket list are Route 66 including Yosemite Park and Canada. Contact Richard Windrum Email Call Richard Windrum Request a Call Back From Our Team #2017 #5MinutesWithourTeam #UHYFDWTeam

The Argus, Accountant feature and new recruits article, 18 July 2017 Click on the images below to view the PDFs of our recent press coverage with an article on cloud-based accounting and another on our new recruits in 2017. Cloud-based accounting is the way forward More than 90% of small and medium-sized businesses will be using cloud-based accounting software by the end of 2017, according to a new Accountex report. What does this change mean for business owners? Read more… Exciting Times at UHY FDW – Significant Job Creation for Leading Top 20 Irish Accountancy Firm Due to continued growth an expansion, UHY FDW are pleased to announce the creation of 20 new professional positions across their various service departments to further enhance their current services to clients. Read more… Book A Complimentary 30 Minute Consultation With One Of Our Tax Experts NOW #2017 #LatestTopics

Kicking off our ‘5 minutes with…’ series is our very own Managing Director, Alan Farrelly Alan Farrelly (pictured with renowned footballer Lionel Messi) is the Managing Director of UHY Farrelly Dawe White (UHY FDW), an audit and accounting firm with its head office in Dundalk and branches in Balbriggan, Belfast and Dublin. A co-founder of the company, Alan is highly committed to providing clients with professional, director-led services. He lives in Blackrock with his wife, Dorothy, and their three sons, Ronan (22), Peter (19), and Daragh (17). Q. When did you decide to become an accountant? A. I developed a strong interest in maths at primary school in The Friary and took accounting as an extra subject for my Leaving Certificate. Accounting wasn’t offered as a subject at The Marist at the time. Shortly after I finished my exams, I was offered a position as a trainee accountant at a Dundalk firm. Q. What was your career path? A. I worked for four years at Frank Lynch & Company then I took up a role at Fitzpatrick & Kearney in Newry for three and a half years. During my time working in Newry I qualified as a Certified Public Accountant (CPA) and began to think about setting up my own practice. Before making the leap, I decided to get some more professional experience so I moved to a firm in Drogheda. A year later, on 8 December 1989, I set up the practice in Dundalk with my colleague, the late Kevin Dawe. Q. What is the history of UHY Farrelly Dawe White? A. The company was initially based on Jocelyn Street. Eamonn White, another Dundalk man, joined us as a director in 1991. Three years later, we moved to a premises on Riverlane. We decided we wanted to expand the business so we bought a practice in Balbriggan in 1998, which was taken over by Director Richard Berney in 2002. One of the co-founders, Eamonn, was bought out by Director Michael Bellew in 2008. In 2001 we took over another firm called Donovan & Reilly and Brendan Reilly is still with us. We moved to our current location in Blackthorn Business Park on the Coes Road in 2001. Director Gareth Evans joined UHYFDW in 2011 and Thomas McDonagh is also a director. Sadly, Kevin, the co-founder of the business, died after battling an illness in 2012. Q. How did you turn UHY FDW into the thriving business it is today? A. We work hard for our clients and pride ourselves on offering director-led services. We are also constantly innovating and regularly invest in training to make sure our staff are up-to-date with changes in legislation and business. We also made the decision to join UHY in 2010 to give us an international platform. As a member of UHY, our firm is able to offer specialist sector and global knowledge to the same high quality, professional standards in major international business centres. Q. Do you have any career highlights as an accountant? A. I was elected president of the Leinster Society of CPA in 1998 then went on to be elected president of The Institute of CPA in Ireland in 2004. Aged 38 at the time, I was the youngest ever CPA Ireland president. It was a tremendous honour. During my term, I travelled to Singapore for world accounting body IFAC’s AGM. Out of that AGM, the Edinburgh group was set up with the goal of developing further areas of accounting. I was part of the group for three years and looked at improving accounting and auditing standards. I still serve as a member of CPA Ireland’s disciplinary committee. Q. Have you participated in any recent training programmes? A. I completed the Timoney Advanced Leadership Programme in 2013 and since then two other directors at the firm have also completed the programme. I was involved in setting up the programme with my UHY colleagues in Spain at the San Telmo Institute in Seville. The programme was offered to business people in Ireland in 2012 at the height of the recession. We thought it would help business leaders to better understand the challenges they faced and to be inspired by the different ways people cope with adversity. The programme is based on the Harvard Experience of case study learning. Participants are given a case study to work on such as how to better handle difficult employees or create marketing plans or increase staff motivation. In 2014 we set up the Alumni Programme. Later this year we will visit the IESE Institute in Barcelona. It’s the number one Management & Development Education Programme in the world as voted for by The Financial Times. Q. What is required to be a successful leader? A. A good leader has to have ethics and be able to show direction. I’m a fan of Nike’s ‘Just do it’ slogan. I encourage people to push through barriers. If you want to succeed as a leader, don’t be afraid to take on a challenge. You might make a mistake but people learn from their mistakes. Q. What are your goals for UHYFDW? A. I’d like UHYFDW to be the professional firm of choice for everybody in the North East. We are seen as leaders in the industry. We made the switch to Cloud accounting in 2016 and migrated all of our data onto the Cloud. We have adapted and we are keen to innovate so that we can continue to provide professional, director-led services to our clients in the years ahead. Q. What interests do you have outside of your work-life? A. I’m a massive football fan. One of my personal highlights was meeting the footballer Lionel Messi and getting my picture taken with him in Barcelona. I’m also keen supporter of Dundalk FC and was a football coach for our local football team, Rock Celtic from 2003 to 2015. I started training the Under 6s and then progressed to training one of the senior teams. I was chairman of Rock Celtic from 2011 to 2014. In 2016, I got the opportunity to interview Bayern Munich Sporting Director Matteus Sammer and later the same year, I attended an open training session with Bayern Munich that was given by Pep Guardiola. Contact Alan Farrelly Alan Farrelly Book A Complimentary 30 Minute Consultation With One Of Our Tax Experts NOW #2017 #5MinutesWithourTeam #UHYFDWTeam

€1.5 Million Overall Fund For Existing LEO Clients Are you looking for an investment for your new product launch or market opportunity? Are you an LEO (Local Enterprise Office) client? Would your Brexit proofing measures benefit from an investment of up to €25,000? “The LEOs will have an overall investment fund of €1.5 million. This fund will be available through the network of 31 Local Enterprise Offices, targeting investor ready LEO Clients who wish to start, grow, or develop innovative Micro Enterprises” Sheelagh Daly, Head of Enterprise & Chair of LEO Network. What does the LEO Grant Investment cover? The LEO Grant Investment of up to €25,000 may be considered for the following tasks outlined under. If you secure an investment under the programme you will be required to meet with your Local Enterprise Office to assess your funding requirements and agree the eligible costs associated with your development prior to any drawdown of funding. Following this meeting your Local Enterprise Office will issue a formal letter of offer which will outline the terms and conditions required to drawdown the grant investment. Capital Expenditure associated with your new innovative development Salary Costs associated with your new innovative development Consultancy, Research, Innovation, Marketing Costs associated with your new innovative development. General Overhead Costs including working capital costs associated with your new innovative development What innovative developments are eligible? New Product New Process New Market Market Diversification Strategy Make addition to the management team Other The LEO Innovation Investment Fund is targeting existing LEO Clients with an innovative business idea. This is a call for proposals from ‘Investor Ready’ LEO clients (client with short term investment or funding requirements in the next six months) in the manufacturing and traded services sectors who wish to start, grow, or develop innovative micro businesses Why Should You Apply? There is a €1.5 Million Investment Fund and targeted business supports on offer to help support your business A potential €25,000 Grant Investment available from your Local Enterprise Office Investor Ready Programme and one to one mentoring Avail of a suite of targeted business supports and mentoring from your Local Enterprise Office. Open to existing LEO clients with a compelling and innovative business idea. Opportunity to pitch to panel of investors LEO Client Definition An existing LEO Client is defined as a client that has received M1 Support (Investment) and/or currently resides in the LEO Projects Portfolio and/or has received M2 Support (Training, Mentoring, etc) in the past 3 years prior to the date of application Existing LEO M1 Clients with an innovative development plan which might include New Product Launch New Process Development New Market Opportunity Diversifying your existing marketing strategy Changing your Business and/or Revenue Model Introducing Brexit Proofing Measures to sustain the future development of your business Making an addition to your Management Team Existing LEO M2 Clients trading for greater than 12 months Manufacturing businesses with innovative products or processes with potential to export Traded Services businesses who have an innovative service offering which has the potential to serve international markets All sectors are eligible to apply but priority will be given to new start ups in the following sectors: Software/IT, Digital, Creative and Gaming, Food and Agri, Healthcare and Lifesciences, Traded Services included Fintech, Environmental and Cleantech Submit Online Application and mandatory video on or before July 31st 2017 Visit the LEO Innovation Investment Fund website Are you are thinking of investing in Ireland? Read our short blog post 5 Reasons Why Businesses Should Be Investing In Ireland Book A Complimentary 30 Minute Consultation With One Of Our Tax Experts NOW #2017 #BusinessinIreland #GrantScheme

Ireland raises capital investment by 60% in five years – three times the global average Ireland is powering ahead of the global average in terms of capital investment in its economy’s business resources and public infrastructure, strengthening its future growth prospects, reveals a new study by UHY, the international accounting and consultancy network. The study found, Ireland has seen capital investment increase by 60% over the last five years* to USD 61.4 billion in 2015 (latest figures available). This equates to 21.7% of its GDP in 2015. UHY says higher capital investment levels are an indicator that businesses are positioning themselves to expand capacity, to improve productivity, or to move into new markets by opening new sites. They also reflect governments’ support for growth by improving the transport links, more efficient power generation capacity and other vital infrastructure that businesses rely on. The UHY study looked at “gross capital formation” – or capital investment – in 41 major economies around the world, measuring trends over a five-year period, and comparing investment levels to their Gross Domestic Product (GDP). Gross capital formation measures spending on assets such as IT systems, new equipment and machinery, and investments in infrastructure projects by governments. The UHY study compares it to GDP in order to put it into context against the size of a country’s economy. The G7 The G7 is also seeing a slower rate of increase than the world average, raising capital investment by an average of 11.1% over a five-year period. However, the average amount invested by G7 economies is still substantial – at 20.7% of GDP. Download the full study Are you are thinking of investing in Ireland? Read our short blog post 5 Reasons Why Businesses Should Be Investing In Ireland Book A Complimentary 30 Minute Consultation With One Of Our Tax Experts NOW #2017 #BusinessinIreland

[metaslider id=5414] TAX PLANNING FOR MEDICAL PROFESSIONALS MAKE TAX SAVINGS AND ENSURE YOUR TAXES ARE IN ORDER UHY FDW offer a unique tax planning service for medical professionals seeking to reduce their tax liability. This is designed to minimise your tax liabilities and increase your pension-funding potential. The Benefits: ·         Increase your retirement funding potential considerably ·         Avail of valuable ongoing tax-efficient benefits and savings ·         Build up a reserve for the future in a tax-efficient manner Our highly experienced tax consultants will advise you on what is best suited to your individual requirements. ARE YOU CURRENTLY MANAGING YOUR TAX CORRECTLY? ·         Are you maximising salaries and pensions to spouses and children, whilst ensuring that the levels are justifiable from a Revenue point of view? ·         Have you supporting evidence for all expense claims you use to get tax deductions? ·         Have you claimed any personal expenses against professional income? ·         Have you deferred any of your professional income to later tax periods? ·         Are you 100% sure you have all your tax affairs in order? If you have any concerns or questions, talk to us.  We are able to offer advice and the value of our experience on this. Lastly, be aware that the penalties can be severe. They are as follows: ·         Failure to keep proper PAYE/VAT records €4,000 ·         Failure to issue proper VAT invoices €4,000 ·         Failure to complete VIES returns €4,000 ·         Late submission of a VAT return €4,000 ·         Violating PAYE regulations €4,000 Reduce your businesses risk. Talk to our tax experts at UHY FDW. Book A Complimentary 30 Minute Consultation With One Of Our Tax Experts NOW #2017 #MedicalampHealthcare #TAX

Using the business advisory services of a company like UHY FDW will ensure a realistic plan of action is devised and implemented to get the best results for your business. Book A Complimentary 30 Minute Session With One Of Our Business Advisors Today 5 Cash Flow Management Mistakes Your Business Can’t Afford to Make No matter how expensive the software you have to monitor and analyse your business’ finances,  you are putting your business at a huge risk if you don’t calculate your cash flow properly Here are the top 5 cash flow management mistakes online shopping owners make: You’re Not Negotiating Rates with Banks and Credit Card Companies Beyond the basics, there are a few hidden financial expenses that always make a huge difference. It’s important to take into account any interest you may be collecting on loans that you used to start your online shop. For a business with 10% margins, there is a huge difference in between 5% loans and 6% loans. You should always try to lower your interest rate and if needed, refinance your loan. Payment: If your customers pay you using credit cards or PayPal, you have to make sure these costs are included. Always try and negotiate with banks and credit card companies, they don’t want to lose you! You’re Not Looking at Rent Alternatives If you are an SME with rented office space, you always need to include all of your fixed costs. Look at rent options extremely carefully. For example, if you rent offices or storage facilities in an area where rents tend to be particularly high, have a look at getting an office on the edge of town to save money,  taking into account all of the costs this would entail, like the cost of moving or the cost of a longer commute. You’re Not Paying Attention to Exchange Rates If you buy your inventory in a foreign currency, you need to be aware of how exchange rates impact your cash flow forecast. It may seem like a small difference, but these additional costs can really add up. You’re Not Taking Refunds Into Account  You absolutely must take all refunds into account when undertaking cash flow management. The best way to do this is to take refunds from one year, and deduct from the next years expected revenue. Other questions to ask : Can the goods be resold, or have you lost a piece of inventory because of the return? You’re Not Calculating Both an Optimistic and a Pessimistic Outlook When building your cash flow forecast for next month or year, try out the best and worse case scenarios and make sure you are covered for both. Make sure you have what you need to continue and allow for unforeseen circumstances to make sure you are appropriately covered. Conclusion When you have a full, detailed cash flow analysis, you can use it to make the right decisions about pricing, inventory, loans and more. Just like anything in eCommerce, with cash flow, it’s often the tiny changes that can have the biggest results. This post was written by Yotpo ‘s CFO, Rotem Landa. It originally appeared on the Yotpo blog . UHY FDW have been serving businesses for 25 years through our experienced advisers, helping you pinpoint issues your business may be facing, providing solutions and identifying opportunities for your business to grow and save money. Contact us Today. Book A Complimentary 30 Minute Session With One Of Our Business Advisors Today #2017 #BusinessAdvisory

Using the business advisory services of a company like UHY FDW will ensure a realistic plan of action is devised & implemented to get the best results for your business. Book A Complimentary 30 Minute Session With One Of Our Business Advisors Today Why your accountant should also be your business advisor? Your accountant is often viewed as a trusted source of independent advice. And the better the advice means the better the results. However, do you view this as an extra service that business clients only get if they ask for it and pay for it over and above the fees for accounting and tax work. Or do you expect it to be included? When your accountant offers to prepare regular management accounts, this is still not the same as helping your business implement effective financial management controls and procedures. Implementing these controls and procedures not only makes your processes more efficient, but will also result in time being spent in more proactive activities by your staff. Which will have significant positive impact on growing your business. Consider some of the benefits of using your accountant as a business advisor. Company Structure & Strategy: Accountants who are business advisors can make the best recommendations based on your business objectives and your personal situation. They can advise you not only on the ins and outs of the various structures available, but on which structure will result in your desired outcome. In some cases it may be to grow your business through purchasing other mergers, acquisition or strategic alliances. In other cases it may be to sell your business or put a succession plan in place. For any business, the tax implications of restructuring vary considerably, so working with an accountant who can advise you on the best course of action, with all of these factors in mind, will make a significant difference to the results and potential revenue outcomes. Breadth of Knowledge: They have expertise and experience working across a range of business areas, with their key focus on your bottom line. This means they will assess any activities and make recommendations based on return on investment. Understanding of your business and your market: They work with other clients in similar businesses and are therefore well aware of where the best financial rewards are likely to occur. They have insights into trends, they are familiar with regulation, legal changes and political influences. One Stop Shop: Accountants who offer business advisory services offer a distinct advantage over working with separate companies for these services. Collaboration and identifying the best approach for your company is carried out with the full picture of your businesses performance in mind rather than advice in one area been provided in isolation. This immediately gives a better chance of a more effective result. Tax: Accountants are in the know when it comes to where your business can reduce your tax liabilities Fees: Using your accountant as your business advisor means you are not paying the fee you might pay another advisor in order to become familiar with your figures. Your accountant is already working on your accounts and know your businesses figures. Access to information: They have access to all the relevant information around your businesses performance putting them in a strong position to advise you on your businesses financial performance and how to improve it. Understanding of your business: They are familiar with how your business is run and have a clear view of where the weaknesses exist, based on your figures. They are just using information they are already gathering, in a more proactive manner with your optimising your businesses performance as their key objective. Of course, all of the above is dependent on how good your accountant is. It may be time to change your accountant. Its easier than you think. We do all the work. Talk to us to find out more. At UHY FDW we offer the best advice for better results. UHY FDW have been serving businesses for 25 years through our experienced advisers, helping you pinpoint issues your business may be facing, providing solutions and identifying opportunities for your business to grow and save money. Contact us Today. Book A Complimentary 30 Minute Session With One Of Our Business Advisors Today #2017 #BusinessAdvisory

Book A Complimentary 30 Minute Session With One Of Our Business Advisors Today Double your businesses profit in 3 months Is  your business ready to increase margin significantly? Do you currently generate a weekly margin report, giving a breakdown of margin generated across top products/services for the previous week? Do you currently identify steps each week to reduce costs associated with providing your top products/services? Do you implement these steps and monitor them the following week to monitor how you progressed? If the answer is no, then following these simple steps is all you have to do. After 4 weeks you will see an improvement in your margin, after 3 months, your margin will have increased significantly. Sounds simple – it is. Then why are  more businesses not doing this? Perhaps you are unable to generate the reports with the right information? Perhaps you have too many other priorities? Do you need accountability? Do you want to achieve your business goals? Using the business advisory services of a company like UHY FDW will ensure a realistic plan of action is devised and implemented to get the best results for your business. Book A Complimentary 30 Minute Session With One Of Our Business Advisors Today For More Info Read: ‘11 Rules of Highly Profitable Companies’ by Tim Ferriss #2017 #BusinessAdvisory

Reduce your businesses risk. Talk to our tax experts at UHY FDW. Book A Complimentary 30 Minute Consultation With One Of Our Tax Experts NOW Common tax mistakes that can cost your business heavily. Because taxation is a largely overlooked aspect of business there are a range of areas where businesses make costly errors. Are you aware of penalties? Failure to keep proper PAYE/VAT records €4,000 Failure to issue proper VAT invoices €4,000 Failure to complete VIES returns €4,000 Late submission of a VAT return €4,000 Violating PAYE regulations €4,000 We see common mistakes which result in these penalties. Be aware and be sure you avoid these penalties. Value Added Tax You can’t claim VAT on entertainment for your employees/clients, food and drink (if it’s for consumption) or accomodation (unless its for a specific event) All VAT must be charged at the correct rate to customers. All Intrastat forms must be completed for goods and services bought or received cross-border. VAT can only be claimed on “allowable” items. Ensure all relevant tax reliefs have been claimed and also that no cash-flow opportunities have been missed. As suppliers are liable in VAT, it is important there are no VAT errors on invoices. PAYE Employees/Directors sometimes get placed on the wrong PRSI rate. If an error is made here the cost can be very significant to an employer. Ensure all staff expenses that have been given to staff are in compliance No individuals should be paid gross by invoice where there is payroll in operation Make sure that benefits being provided to staff/directors are being subjected to the appropriate rate of PAYE Make sure that staff are availing of all relevant tax reliefs and exemptions to them. Are you 100% sure your business is not at risk in relation to any of these pitfalls? With the right accountancy firm, you can focus on driving your business and let us focus on keeping your businesses tax compliant. When you consider the penalties, it doesn’t take long to work out the return on investment on the cost of working with tax experts. Reduce your businesses risk. Talk to our tax experts at UHY FDW. Information Courtesy of Grant Thornton , Read the full booklet of info here Watch Our Video: 6 Ways To Reduce Your Tax bill: #2017 #BusinessAdvisory #TAX

Changing your Accountant is Easier than you think. We do all the work! Book An Appointment NOW! Yes we know your accountant can file your company tax returns and your annual accounts in a timely and efficient manner – that’s the least you expect. But what else should you be looking for when choosing a new accounting firm? 8 ways to assess if you are you getting the best value from your accountant: 1) Have they provided you with a breakdown of their charges and services. Have you compared this to other accountancy firms. Do they provide value for money? 2) Do they have a genuine interest in your business, ideally someone who understands the type of business you are in and your sector. 3) Are they qualified? Are they backed by a professional accounting body? 4) Do they meet your expectations and are they willing to provide you with the level of service you require e.g. response time to queries, access to senior accountants. 5) How often do you expect to hear from them? 6) Will they proactively advise you and help you solve business issues that crop up? 7) Do they advise you on how to keep your records internally, so that you are providing them with the information they need, ultimately saving time on both sides? 8) Can they offer you sound business advice? Do they have the expertise to act as a business advisor, using the information they generate through tax returns and managing accounts, to actively help drive your business forward? UHY FDW have been serving businesses for 25 years through our experienced advisers, helping you pinpoint issues your business may be facing and provide solutions and identify opportunities for your business to grow and save money. Contact us Today. Request A Call Back Book An Appointment Now Call Us Today #2017 #BusinessAdvisory