Member Since: 30th Oct 2012
21st Jun 2019
Accountancy is far less stressful than many other jobs. We should be grateful.
If you are working for a firm and there is too much pressure then get out there and work on your own. I know easier said than done but at least try on the side.
Perhaps the firm is having an influx of clients but does not have the manpower or is just greedy and allocating the work to already beleaguered staff
What gets most people down in their jobs is not the work itself its the people who they have to work with and the office politics. One bad egg can disrupt the whole environment.
11th Jun 2019
All this time I don't think one client has asked me if I was qualified or not which I find surprising. Therefore I assume unqualified accountants do not get asked too ?
Yes agree with you if accountant doesn't get protected which it is in many countries then at least inform the public of the benefits of a qualified accountant
There are some very good unqualified accountants mainly on accounting web who have far much knowledge as me so kudos to them. However, what is letting them down and causing concern is a larger contingent both in UK and increasingly overseas that just setup in five minutes, start advertising to file accounts and corporation tax return at rock bottom prices plus promising lower their taxes (through some illicit means)
Client is happy they get a cheap return and lower taxes. HMRC will never find out as chances of an inquiry is remote and the country suffers as lower tax revenue.
There is always going to be qualified accountants that bring down the good name of the profession but this is a minority compared to the cowboys out there causing chaos.
5th May 2019
I have worked in organisations that think the Accountant can do everything and do not need support no wonder they are stressed and burnt out.
Working from home and having the control of your own destiny is the way to go for any easier life.
4th May 2019
I haven't got much of a life so to a degree I am flexible with my time so am available to clients when they need me. I might just take it easy during the day but work late.
Most clients do appreciate this service especially as they are terribly busy during the day trying to making a living in this harsh world. Only free time is the evening or weekends.
16th Apr 2019
Actually I love the fact I can go bed really late and get up late too. I am not a morning person and prefer to work after midday after a run and then maybe work a few hours in the evening. Yes I am lazy and not discipline enough at times but do make sure all my clients are properly looked after and get things completed on time. Occasionally, it would be nice someone to talk too but then again I realise I am not particular a people person.
20th Mar 2019
First few years were difficult bit of trial and error, made a few mistakes. Pricing was inconsistent.
I would like to say business grew through sheer determination and hard work but it was mainly luck and a couple of subtle marketing initiatives that worked.
I am in a position where I want to be and actually now have the option to turn down work instead of being desperate for it in my earlier years.
I think once you have a core base of customers and look after them, business should proliferate. First of referrals and secondly what I found that these businesses grew which gave me extra work ie pensions, advisory, valuations etc
9th May 2015
Very well put
@Callum, whilst your current priority until you are sacked or reassigned will be your keytime customers, your old owners just cashed out, or presumably will do over the next 2-3 years depending on the nature of the deal.
Your new owners will want to squeeze profits. This means prices up, cut the cost base (ie sack staff) and throttle hard before too many customers jump. They want to make a return on their investment after all.
To suggest otherwise is very naive. Its been going on in software for 30+ years.
If you think it wont happen to you.........then someone has been talking a lot of crap in your ear.
In time they will want to "transition" the last users to other software, which mean in practice zero development and twist their arms to jump to the main products or go.
Everyone knows what will happen. Of course Keytime will send out the predictable statement like all acquired companies do that everything will stay the same so there is nothing to worry about but of course many have already gone through an IRIS acquisition before and and have suffered.
Anyone who is so gullible in believing such rhetoric is being foolish
7th May 2015
Frankly not happy with this news at all though I can see why Keytime would be a good acquisition for IRIS. I have been with Keytime for a couple of years now and its been perfect as cannot fault them. Now a much bigger company taking over I jam just concerned it will be become as expensive as IRIS. I imagine other smaller companies will get swallowed by the larger ones leaving less competition and higher prices.
8th Sep 2014
While we all have clients that try our patience. Some clients are really hard work and just never respond to you which is terribly frustrating. However, if you do end up shouting at clients most likely to be start of the end. Though sometimes its not the clients fault and perhaps its just due due to stress and pressure build up and the poor client gets it in the ear. I think most accountants are nice people just misunderstood
7th Jul 2014
Well written article. What normally happens accountant chases client. Rapport and line of communication established. Everything is brilliant for the first year or so then perhaps the accountant gets busier or maybe complacency sets in and doesn't spend much time with the client to discuss tax planning, cost savings and improvements in the business. The Client becomes dissatisfied to a degree with lack of customer care and perhaps fee increases but cannot be bothered to move as too much hassle and not necessarily greener on the other side so the cycle repeats. Like to think my clients are happy with me as do try my best to help them as much as I can by being proactive instead of reactive and communicate with them first before they contact me. Clients would love for accountants to act as a partner to their business and help them grow. If my clients grow then I grow too.