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asc Wylie Chartered Accountants |
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Home Page>>What
We Do |
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What
We Do … Business Control Assistance We believe that that all businesses irrespective of size,
require attention to be given to the five main control areas of Sales,
Production / Purchasing, Finance, Personnel
and Administration. We have found from experience that in general small
businesses primary have strengths in one or perhaps two of these areas but
have deficiencies to varying degrees in the other areas. In many cases this
is down to the cost of acquiring the necessary specialism. Often this
expertise is not needed on a full time basis. We have developed the facility to provide a finance director
function on a part time basis to small businesses. This will involve
different things in different situations but would normally include provision
of budgets and reporting performance towards these targets to the management
together with recommendations of actions required. It may also include cash
flow management, credit control, PAYE, VAT, loan management and personnel
management. In some cases it involves overseeing the finance department
totally and can include liaison with banks and other lenders. The Art of Planning With all businesses the difference between a good company and
a great company often comes down to proper planning and control. Before we
start to climb the ladder of success it is vital to make sure it is leaning
against the right wall!! Time spent in planning whether for a new business,
an existing business, a new project or an existing project is never wasted.
After planning of course it is time for action but without building in
effective controls the results can be quite different from the original plan. The starting point for any plan is an idea, dream or goal - a
direction in which to head. Next establish where you are now and how you
intend getting to that goal. Then determine what resources you need to get
there - human, financial, capital, physical and intellectual. Having
established all this then work out a time frame to do it in and devise ways
to measure your performance giving you feedback on your progress towards that
goal. Finally set up a system of control to ensure that the feedback received
is used to adjust the performance if required. Sounds easy doesn't it? ..and it
is easy. Rocket science it ain't but
it does take time and attention to make it happen. Remember that control is
simply to compel, to conform, to plan. At ASC Wylie we specialise in providing creative and
innovative solutions to business challenges. We believe in keeping the
solution as simple as possible but we are convinced that for every problem
there is a solution. We are committed to working closely alongside your
business as a bolt on resource. We can assist you to develop your business. Whether you are at
the planning stage, starting to take action on your plan, controlling your
performance towards your plan or at the final stage - keeping as much of the
hard earned profit in your hands and donating as little as legally possible
to your friendly taxman. Tax Planning We are experts in tax planning for both individuals and
companies to reduce the impact of Income Tax, Corporation Tax, Capital Gains
Tax and Inheritance Tax. A Tax Return preparation service is provided on a
fixed fee basis which includes a schedule detailing tax payment dates and
complimentary tax planning advice. We work throughout the Additional Services Bookkeeping We offer a full range of bookkeeping services from basic data
input through VAT and payroll services to monthly management accounts
preparation with or without the addition of the management control service
detailed above. We also offer bookkeeping training which can be tailored to
any requirements. Accountancy Of course, we also offer the traditional accounts preparation
and accountancy advice. We can advise on information technology and how this
might best be used in your business. Tax We can assist with your tax compliance requirements as well -
preparing Income Tax or Corporation Tax returns. |
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