Reply to: How soon after year end do you expect to receive your accounts?

[Bagpuss]

My experience of two accountants one infamous the other not so, is they leave it until shortly before the deadline (when I say shortly I think a month is leaving things a bit late). As my year end is April I don't want to wait until December or January to have my accounts, by that time it's less easy to remember what had happened should there be any queries. This year they submitted late (the drafts were of a poor standard) which resulted in a fine from companies house.

This leaving it until the last minute isn't really good practice IMHO. Should you want to leave by the time they are submitted, you have almost paid for another year, so that's a refund needed or further expense in paying catch up fees (should the new accountant charge them). If you don't get a refund you effectively pay twice, maybe it's a nice little earner for them, a years worth of accounts for 19 months of fees.

Perhaps a 'more expensive' accountant who can turn things around in 14 months is actually cheaper.

[blacjac]

I'm actually quite interested in other peoples experiences. I unfortunately use an infamous West Yorkshire accounting firm and my Y/E was mid Apr. I was told the turn around time was 8-10 weeks (which has obviously now passed) so am keen to find out how long other accountants take, in case I need to get another company to produce the Y/E accounts.

I would seriously consider doing this, despite Darren personally assuring me my accounts were done and just needing review for 2 months, I later found out they hadn't even been started.

[d000hg]

I do my accounts when I give them to the accountant. I expect them done in 2-3 weeks as all they have to do is use the sage file I supply. I don't get this "when does my accountant give me my info". They work for you not the other way around.

I bet you don't see it that when when you're the one being hired - you expect to be able to choose when and how the work is done.

[Lewis]

About 4 weeks (Nixon Williams).

[Bugbait]

Before Upton went down hill they used to take about 2 to 2.5 months on average, depending on how late I submitted it and how hard I chased them. InTouch did it in 5-6 weeks starting from scratch including follow up with Upton.

[SueEllen]

I wanted to see if my accountant was comparatively slow or fast compared to other people experiences!!!!!

What terms of service did you agree with your accountant?

[Scrag Meister]

What's the point of this thread?

I wanted to see if my accountant was comparatively slow or fast compared to other people experiences!!!!!

My year end is 31st May, and they had all end of year paperwork by early to mid June, so the clock is ticking.

I would like it asap as I am probably going to move accountants once they have been completed.

[BolshieBastard]

As the subject says.

Around 3 months seems to be my experience.

I dont normally submit the paperwork to my accountant until 3 month after YE.

My current YE was 31 March. I submitted them a little early this year on 16 June.

[Sockpuppet]

I do my accounts when I give them to the accountant. I expect them done in 2-3 weeks as all they have to do is use the sage file I supply. I don't get this "when does my accountant give me my info". They work for you not the other way around. Another reason I would never use an online contractor specialist accountant.

[SueEllen]

I'm actually quite interested in other peoples experiences.

Ok.

My accountant will do my year end within 6 months.

However talking to other people it's not uncommon for an accountant to do it at the last possible minute even though they have given the books and other information as soon as the year ended. This is one major reason why they have changed accountant.

They have learnt the hard way to get it agreed in the terms of service when the company accounts will be done.

[Wanderer]

About a year.

[oversteer]

Mine was also with and took about 2 months to process

[BA to the Stars]

My year end is November, the same firm as CA's I assume have had my figures since January and I am still waiting. Will be ringing them tomorrow.

[Crack Addick]

I'm actually quite interested in other peoples experiences. I unfortunately use an infamous West Yorkshire accounting firm and my Y/E was mid Apr. I was told the turn around time was 8-10 weeks (which has obviously now passed) so am keen to find out how long other accountants take, in case I need to get another company to produce the Y/E accounts.

[SueEllen]

What's the point of this thread?