What Is European Accounting Firms?
An accounting firm is a group of accounting professionals that provides clients with financial management services. These services could include auditing, tax preparation and planning, payroll processing, bookkeeping, and advisory services. Some of these accountants could be certified public accountants CPAs but not every accountant is a CPA.
An accounting firm’s structure often depends on its size. Some accounting firms are run by one person out of their home. Others employ thousands of people in multiple locations across the country or worldwide.
Accounting firms also vary in how they charge their clients. Some may charge by the project, which is often the case when it comes to preparing taxes. Others may charge their clients an hourly rate depending on the service provided. Still others offer flat monthly rates for ongoing services like simple financial reporting. The rate they charge will vary with the size of the firm, the services they provide, and the degrees and certifications of the staff.
If you own a business, chances are that you need accounting services. You may think you only need bookkeeping and tax preparation, but it helps to know what other services accounting firms can provide. There might be some that you haven’t thought of in relation to an accounting firm, but that can ultimately help your business.
What Does European Accounting Firms Do?
An accounting firm is a group of accounting professionals that provides clients with financial management services. These services could include auditing, tax preparation and planning, payroll processing, bookkeeping, and advisory services.
Top European Accounting Firms In South Africa?
KPMG
KPMG international operates as a network of member firms offering audit, tax and advisory services. We work closely with our clients, helping them to mitigate risks and grasp opportunities.
EY
At EY, we are committed to building a better working world with increased trust and confidence in business, sustainable growth, development of talent in all its forms, and greater collaboration.
Deloitte
“Deloitte” is the brand under which tens of thousands of dedicated professionals in independent firms throughout the world collaborate to provide audit, consulting, financial advisory, risk management.
Accenture
We are one of the world’s leading organizations providing management consulting, technology and outsourcing services, with more than 293,000 employees; offices and operations in more than 200 cities.
Strategy&
Strategy& is a global team of practical strategists, committed to helping you seize essential advantage by working alongside you to solve your toughest problems, and capture your greatest opportunities.
Is European Accounting Firms A Good Business?
Running an accounting business requires a different set of skills and experience than working as an employee. As with any small business, establishing an accounting practice entails a great deal of work, but as Thomson Reuters notes, accounting firms are currently among the most profitable of all small businesses.