Every successful business person knows the true value of hiring a good accountant. An accountant is responsible for several things maintaining all the financial accounts of a company, bookkeeping, filing tax returns with the Inland Revenue, preparing financial statements, and preparing documents for auditing. Some accountants are also able to help with the planning of the business they make detailed accounts of the income and spending of the company and provide important information regarding profit and loss of the company.

When looking for an accountant, choose one with all the correct qualifications and is up to date with the current tax laws. Make sure you choose an accountant who understands the business and has had previous experience working in similar fields. Try and interview three to four different candidates before selecting an accountant for your business. If your business is situated in Plymouth, then there are several choices when it comes to reputed accountant organizations and companies. Plymouth is one of the most important business cities in the UK it has several businesses that require expert advice from accountants. Here are a few of the best accounting firms in Plymouth:

• Condy Mathias, Houndiscombe Road: This firm provides a full range of financial advice to a wide spectrum of businesses from companies and limited liability partnerships to sole traders and partnerships. Services at Condy Mathias include tax, business support and advice, wealth management, banking and commercial finance and independent mortgage advice.

• Francis Clark, Sutton Harbour: This is one of Plymouths leading accountants it has been servicing the city for decades. With the one on one approach, these accountants are able to understand your business needs and offer guidance and advice needed to help grow the business. Francis Clark offers the best tax advice in UK, winning Best General Tax Practice in 2009 and also won Auditor of the Year for mid-tier firms in 2011.

• Franklins, Mutley: This accounting firm offers several functions such as expert taxation advice, payroll, management accounting, corporate finance, VAT and annual accounts. In addition, the accountants here have specialist knowledge of accounting software packages such as Sage and Microsoft Accounting.

• Riley Chartered Accountants, North Hill: This firm works with family owned enterprises and other small and medium enterprises. They use training and experience to enable businesses to navigate through financial, accounting and taxation issues.