Dear Accountants
I have recently got my ACCA practicing certificate and have started a small accountancy practice. I am new to business and am in unchartered teritory. I will appreciate if any one of you could advice me on what basic books I need to purchase and from where (including names and details of the books) in order to effectively provide my clients the best service in the field of,
1) Accountancy
2) Corporation and personal tax
3) Payroll
4) VAT
5) Company secreterial
Your assistance will be verymuch appreciated,
Please email me on [email protected] or phone me on 07801415603.
Best regards
Jayesh Shah
Jayesh Shah
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Replies (6)
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CCH
Try contacting book stores. But wouldn't ACCA be able to provide help in local matters?
Books
Try your local waterstones - wnet there twice recently and picked up two books that we most useful and indeed could understand one was called taxation sorry not sure who the publishers were
Tolleys tax guide
i use Tolleys Tax Guide as a constant reference for tax matters.
really comprehensive with many worked examples.
FL Memo
I tried it a couple of years ago after recommended on Accweb - it is quite a comprehensive book that has a lot of information (and on CD), for a reasonable price - I think it's about £82.
I would like the Tolley ones, but they are about £80 each per major tax, so I have stuck with FL Memo.
Some useful guides
I'm not sure about books for all the areas you mention - I make use of the internet (including Accounting web!) but for tax I find the best inex pensive one (we'd probably all love to be able afford a full set of Tolley's!) is Tax Answers at a Glance published by Lawpack. This deals mainly with income, CGT & corporation tax but does overlap a little into PAYE & VAT.
To be honest, on payroll I don't think you can beat the Employer's CD Rom.
Accounts - I have Frank Woods I & II but have realised
that it teaches you "How To Prepare Accounts In A Perfect World With Perfect Cients Who Have Also Read The Book" - as most books do. I think once you have learned the basic accounting principles and practice (which if you've passed ACCA you presumably have, a book won't teach you how to apply those principles - which is the skill and experience we sell.
Go to a decent bookshop with a good Business Section and browse for a while to find something that seems to speak your language.
Lorraine
might help
Does it help to know that you can get hold of last year's tolley's guides quite cheaply through the Amazon marketplace?
These obviously won't be bang up to date, but for general reference they are surely useful.
Paul