Information
What we do and who we work with
What's the difference between accounting and bookkeeping?
Bookkeeping is the first part of the accounting process, so the work of a bookkeeper and accountant often overlaps.
Bookkeeping focuses on recording and organising financial data,
while accounting is the interpretation and presentation of that data.
Role of a bookkeeper
- Record keeping
- Completion of Payroll
- Preparing CIS statements
- Completion of VAT returns
- Drafting Management Accounts
- Working closely with accountants
Role of an accountant
- Financial analysis and strategy
- Tax strategy and tax planning
- Financial forecasting / Budgeting
- Completion of Tax Returns
- Advisory
- Audit