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• # 84314
• Mon 30 Jul 2012 07:51 PM

Hi, i'm newly qualified (level 2) and so far I've only had 2 possible clients.  The first was a partnership who wanted me to do their final accounts - had to turn that down. The second is a limited company (where are all the sole traders..) who wants me to keep quarterly books but use a separate accountant to do their end of year.  I'm assuming i'm fine to go ahead with that one, as i am not required to do their end of year.  My question is:  What do I need to produce in terms of paperwork that I will need to hand over to the accountant so that they can produce the final accounts?

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• # 84316
• Mon 30 Jul 2012 08:49 PM

I suggest if you take the job the simplest suggestion would be to ask the accountant what they would like to see?

Cheryl

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• # 84332
• Tue 31 Jul 2012 08:51 AM

Hi Marissa,

Cheryl is right: ask the accountants what they want. If they have the same software as you/the client are using, they may just want a copy of the database.

My experience is that the accountants have wanted a selection of reports: P&L, balance sheet, trial balance and details of certain accounts, notably creditors, debtors, stock and VAT control. They may well follow up by asking for details of specific accounts or transactions.

Cheers,
Paul

• Paul Evans
  Margam Evans Ltd

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