Hi All,
I would like to know if anyone would be able to share their firms check lists in any of the following areas, that they use internally and/or for clients:
1) PAYE
2) Accounts preparation
3) VAT
4) IR35
I am currently working on updating our existing check lists and would like to see what others professionals cover in their check lists that they use in their firms, and then working on putting something comprehensive together for staff internally and one for clients to check through.
I would really appreciate any comments and feedback and, would be happy to email anyone personally to request these check list.
Many thanks for your time and hope to hear from you guys soon.
Replies (8)
Please login or register to join the discussion.
Breaching copyright
It is not clear from the post whether you intend them to breach copy right. Why don't you go the Institute of Chartered Accountants library and ask them - that is free and legal!
checklists
There are checklists for accounts on the 2020 product Forms, Letters and Tools, and PAYE, VAT, income tax and corporation tax checklists on 2020 Tax Tips and Tools.....these are interactive - omitting areas that you tick to be not relevant.
Lots of checklists and guides
are available on my site, some are free view and some are paid for content.
Virtual tax support for accountants: www.rossmartin.co.uk
Not convinced
There are two points of caution to make about this request:
1) Whilst some checklists out there are very similar, the true specialist in a particular area would perhaps have a few different questions to ask that a non specialist wouldn't neccessarily know to ask. Hence why most advisors are reluctant to pass their checklists across for fear of giving away their "trade secrets". IR35 and employment status are two that fit into this category. You can easily spot a non specialist by looking at their initial checklist !
2) Over reliance on checklists is a dangerous game when advising clients. Anyone can run through a checklist, it's knowing what needs to be probed/asked and what to do with the information that is absolutely crucial in getting the right advice to clients. Again, PAYE and IR35 are two areas where we have seen many mistakes being made by non specialists relying too heavily on their checklists - even in the largest of accountancy firms !