So why are Computer Tutoring talking with an accountant? After all, as the name suggests we deliver IT training! 

One of the most popular training courses that Computer Tutoring delivers is Microsoft Excel. Often on these courses many of our clients ask questions about how to manage their accounts. In response to this Computer Tutoring released an amazing video series ‘How to do super easy accounts in Microsoft Excel’. This series has proved very popular. Hence Computer Tutoring thought how else could they help their clients. Why not ask a real-life accountant the 10 most popular questions that we hear!  

We interviewed Ian Shipley, a partner at the Cambridge-based accountancy firm Prentis & Co. In this interview, Simon from Computer Tutoring asked Ian 10 frequently asked questions about accounting.

  1. Do I need an accountant or not?

  2. What should I tell my accountant?

  3. How long do I need to keep my accounts?

  4. Do I need to use accounting software for my business?

  5. Will the government be able to view my accounts in future?

  6. How to break down receipts and expenses?

  7. Do I need to print my company accounts?

  8. Does my accountant need to know my VAT figures?

  9. Difference between sole trader and ltd company in providing accounts?

  10. Tips on clear easy accounts

In conclusion, accounting is a critical aspect of running a small business, and working with an accountant can provide valuable guidance and advice. By following Ian's tips, small business owners can ensure that their financial records are accurate and up-to-date, which will help them make informed business decisions.

Behind the Scenes of the Interview: We had a fantastic experience filming the interview with Ian at Prentis & Co. A big thanks to Kezia who helped us set up the camera and lighting and stayed with us all day to ensure everything ran smoothly. The team at Prentis & Co were very accommodating and made us feel right at home. After a long day of filming, the Computer Tutoring headed next door for some well deserved fish & chips!