ECOVIS London

Specialisms

Professional Services Firms

Our dedicated team has 15 years experience of acting for professional services firms ranging from small partnerships to large corporations. We offer the following strategic and compliance services to new and established practices:


Strategic services
Strategic Advice
We acknowledge that all partnerships and companies experience change. At such times we can assist you with the following:

• Business reviews and strategies for profit improvement and growth
• Benchmarking
• Succession planning
• Remuneration planning for partners, directors and staff
• Consideration of incorporation as a limited liability partnership
• Identification of potential merger opportunities and assistance with the process
• Cultural development to engender financial responsibility for project managers

Strategic Alliances
We have strong working relationships with banks, financial planning and insurance advisors to assist you in securing the following:
Financial planning including pension planning
Insurances including PII and office insurances


Management Information Services
We understand the importance of timely and accurate management information for you to monitor and manage your business. We provide the following services:

• Preparation of monthly management accounts
• Attendance at partners' meetings and board meetings to discuss financial performance and strategy
• Preparation and monitoring of forecasts and cash flow projections
• Advising on management of working capital
• Review of internal systems and procedures and make recommendations
• Assist with development systems to calculate and account for work in progress and revenue recognition appropriately

Compliance Services
Tax and Statutory Accounts

We provide compliance and advisory services including:

• Preparation and audit (if necessary) of statutory accounts
  
• Partnership tax returns
  
• Corporate tax returns
  
• Personal tax returns for partners, directors and spouses
  
• Personal tax health checks
  
• Preparation of annual partnership accounts for profit share and tax calculations
  

Our own experience

As part of a growing business ourselves we will have experienced many of the issues affecting you and can advise and support you from a practical point of view.


Please contact Kathryn Moran if you would like to discuss the services we can offer your practice.