Differences Between a Chartered and Regular Accountant in Leatherhead

by | Feb 16, 2023 | Accountant

A chartered accountant is there to provide specialty accountancy services and business advice in various areas. The primary difference between a regular and chartered accountant in Leatherhead is that the former is generic, and the latter is more qualified and experienced.

What’s a Chartered Accountant?

Chartered accountants have a professional accreditation, so they’ve studied accounting at a high level, gaining experience over time. Likewise, they are often members of a professional body and must adhere to strict codes of conduct.

What Does the Chartered Accountant in Leatherhead Do?

Along with normal accounting services, a chartered accountant offers advice on financial and business matters. These can include:

  • Corporate financing (securing funds for acquisitions and mergers)
  • Personal financial advice (for companies and individuals)
  • Financial management (in-depth cash flow forecasts)
  • Forensic accounting

Because of that in-depth experience, most chartered accountants help with things regular ones can’t handle.

Traditional Accountant

The “accountant” title isn’t protected, so a person doesn’t require qualifications to become one. They likely study accountancy at the foundational level or gain knowledge through professional experience. However, they aren’t held to the stricter standards of a chartered accountant and are more limited in their service options.

When to Hire a Chartered Accountant

A general accountant can provide sound advice on various matters, such as invoicing and tax returns. However, a chartered accountant in Leatherhead is the right choice when you have a complex financial situation.

It’s wise to contact David Beckman & Co Ltd for your chartered accountancy needs. It’s one of the top firms in Leatherhead, and you’re treated with respect.

What’s the difference between a general and chartered accountant in Leatherhead? Read more about it today in this short guide.

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