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Accounting

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Could Your Business Benefit from Management Accounts?

July 2019

Could Your Business Benefit from Management Accounts?

Management accounts differ from a regular set of accounts in that they provide up-to-date financial information as and when you need it, rather than once a year in your annual accounts. Every limited company must file a set of accounts with companies house following the end of each financial year. This is a statutory requirement, […]

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Do I Need an Accountant?

July 2019

Do I Need an Accountant?

All business owners will at some point ask themselves this question: Do I need an accountant? It’s an important question to ask, and an even more important one to answer. Whether or not you need an accountant depends on several factors such as the size and type of your business. If, for example, you’re a […]

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IMPORTANT UPDATE: Reverse Charge VAT for the Construction Industry

June 2019

Construction Person Writing on Paper on Top of Table

There is an important change that you need to be aware of, coming into effect on 1st October 2019. This change will affect any business that is CIS and VAT registered or that pays suppliers that are CIS and VAT registered. The new legislation is aimed at shifting the VAT liability on building and other […]

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What Is the Difference Between Bookkeeping & Accounting?

April 2019

What Is the Difference Between Bookkeeping & Accounting?

Is there a difference between bookkeeping and accounting? The short answer is yes, though there are similarities, so you would be forgiven for thinking they’re one and the same. Both accountants and bookkeepers work with financial data, the difference between the two lies in the way in which they work with this data. A bookkeeper […]

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How Important is Technology in Accountancy?

August 2018

Technology in Accountancy - Accounting Software on Mobile Phone

The accountancy industry is typically seen as a traditional sector, so you’d be forgiven for thinking that the accounting industry isn’t very “techie”. This couldn’t be further from the truth. Accountancy firms are often responsible for portraying a traditional, old-school image which leads many to think that technology plays a small role in the accounting […]

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The Importance of Good Record Keeping

August 2018

Photo of Good Company Records

In this blog, we’ll be examining a public case study that highlights the importance of keeping good company records. Recently, the director of a construction and civil engineering company based in Glasgow has received a six-year ban for failing to keep adequate company records. David Simpson Duffy, the director of Annick Structures Ltd (ASL) has […]

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Why We’re More Than Just Accountants

June 2018

Aston Shaw Accountant Giving Advice to Client

The accountancy industry is changing. The role of a modern-day accountant is very different to what it used to be, this is largely down to the advent of cloud accounting. Cloud accounting has completely changed the industry, tasks that your accountant might once have performed can now be automated. Fortunately for us, we saw this […]

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The Role Of A Client Manager

May 2018

Photo of Aston Shaw Client Manager Meeting With Client

The relationship between Client Managers and our clients has always been at the forefront of our corporate culture, it is the driving force behind both our own and more importantly, our client’s success. We firmly believe that we owe much of our success and reputation to the fact that our Client Managers are the sole […]

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Do I Need a Bookkeeper If I Already Have an Accountant?

February 2018

Louise Tiller, a Bookkeeper here at Aston Shaw explains how you can still benefit from having a Bookkeeper even if you already have an Accountant. In short, the answer is YES! Your Accountant finalises your accounts on a quarterly and yearly basis while your bookkeeper analyses your data on a weekly or monthly basis, communicating […]

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How We Work

December 2017

how-we-work

If there’s one thing that sets us apart from other accountancy firms, it’s how we work. We’re personal, friendly and straightforward. Accountants are human beings too (believe it or not). We get lots of questions about how we work, in general as well as how we carry out specific tasks: how we do a tax […]

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