Accounting process check-up & review
A financial clean bill of health
Sometimes, business owners want a once-over of their books for peace of mind, or they want to feel confident they won’t fall foul of a VAT audit. If that’s you, you could benefit from an accounting health check.
Our accounting health check is designed to appraise the quality and integrity of your accounting procedures and outputs, highlight any weak spots and set in place steps for you to pursue to get things in line.
Process prowess
How we do things, the processes and systems we implement can make a huge difference in accuracy and time savings. Leveraging technology, revisiting processes or implementing automation can really save minutes and hours. The time savings can really tally up.
If there is a pain point in your procedures and find some extra time in your day.
How can Mayflower help?
Along with our accountancy and tax expertise, with a rich understanding of project management and quality systems, we can review and appraise your financials and highlight risks, areas for improvement and recommendations to keep your financials in good health. The sort of areas we have advised on include:
- Maximising the most out of accounting systems to drive reporting and analysis
- Bookkeeping speed, accuracy and efficiency
- Accounting treatments
- Financial statements review
- VAT & tax health checks
- Finance system workflow
Sometimes clients decide after a health check to speak to us about whether we can take over the books, or some of the procedures. Absolutely. We’re more than happy to and practice what we preach, by implementing those standards we recommend directly into your business.
Ready to get started?
If this sounds like the service you need, we’re ready when you are.
Related services
Annual and statutory accounts
If you’re a limited company director with high standards, who wants things done right, talk to us about support with preparing your accounts.
Bookkeeping
Keeping accurate, up-to-date, tidy books is the foundation of good business financials. It’s also time consuming and fiddly. So why not leave it with the experts?
Company formations
If you are looking to incorporate a business, setting up a limited company, speak to us about how we can make the process feel effortless.
Virtual FD
Your own personal finance director, adviser and partner, without the commitment of hiring permanent staff. The pinnacle of our offer.
Payroll and PAYE returns
Paying staff or directors is an important thing to get right. Our payroll service makes it effortless and reduces the risk of errors.
Construction Industry Scheme (CIS)
If you’ re involved in the CIS, find out how we can help, whether you are a contractor, administering the scheme, or a subcontractor with deductions being made from your pay.
Sole traders
We support sole traders across all trades and disciplines. We’ll get you registered and keep your financials in order for a stress-free tax return deadline on 31 January.
Ready to start the journey?
To get help with your accounts and start freeing up your time to focus on growth, talk to the Mayflower team today.