A Chartered Accountant (CA) can be invaluable, working with you as a trusted business partner.
Legally, anyone can call themselves an ‘accountant’ without any training or experience. So, if you are seeking specialist advice related to accountancy and taxation matters, it is important to select a professional you can trust.
You should be reassured that they have relevant experience, qualifications and are regulated to ensure everything is above board.
Would you go to an unqualified or unregulated doctor for medical advice? We wouldn’t either.
Reasons to use a Chartered Accountant:
They are regulated by professional bodies
GWA Chartered Accountants are regulated by either the Institute of Chartered Accountants in England and Wales (ICAEW) or the Institute of Chartered Accountants Scotland (ICAS). Regulation means our work is subject to external quality reviews and we must undertake continuous professional development. In other words, you can be certain that the work we do for you is of the highest standard.
They have experience
To qualify as chartered, an accountant must have proven experience of a range of clients across multiple sectors. Building this knowledge brings with it an understanding of businesses that are both high performing and those under financial pressure. Over time, as your business grows you may need additional advice. Perhaps about business planning, company structure or audit. By using a Chartered Accountant you can be sure all your needs are covered.
Advice from qualified individuals
Qualifying as a Chartered Accountant is demanding and ongoing. Extensive training via approved firms and training providers ensures technical knowledge and practical skills are always up to date and of the highest standard.
Because integrity matters
You need to have confidence that your accountant is trustworthy and discrete. All members of the ICAEW and ICAS are bound to comply with their code of ethics, to maintain high ethical and professional standards. Non-compliance can result in disciplinary action. At GWA we always put your interests first and uphold them with the greatest respect.
You are covered in the event of a complaint
Choosing an unchartered accountant may mean you are left with little or no recourse should you have any concerns about their conduct or standards of service. Chartered Accountants in public practice must have professional indemnity insurance and an internal complaints procedure.
Find out more about ICAEW regulation and professional conduct required for chartered accountants.