Switching Accountants

The Engagement Process

Step 1:

We will engage you as a client & you will be sent an engagement letter to sign which outlines the services, we will provide to you, the records you are required to keep & your grievance procedure.

Step 2:

We will request to have a copy of your ID & place of address to ensure we comply with money laundering regulations.

Step 3:

We will request authorisation to act as your new accountants to speak with HMRC on your behalf. We will need this authorisation code when it is received by you.

Step 4:

Once the engagement letter has been signed & returned & the identification has been approved, we can begin to act as your accountant.

The Clearance Process

Step 1:

Once you’ve been engaged as a client, we will write ‘clearance’ letter to your previous accountant informing them that we are now handling your financial affairs. We will also request copies of your latest accounts, tax returns & working papers.

Step 2:

Your previous accountant should then respond to the letter, with the acknowledgment that they know of no reason why we shouldn’t accept the engagement & they should include all the requested documents.

Step 3:

Once we’ve received clearance, we’ll have everything we need to prepare your accounts & tax returns from the records we have for you.

To find out more about switching over to us, please get in touch with the team below.

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