ECOVIS / Wingrave Yeats

Business Advisors  Chartered Accountants  Registered Auditors

Professional Services Firms

One of our specialist areas of expertise is acting for professional services firms ranging from small partnerships to large corporations. Together with our strategic partners we offer the following advisory and compliance services to new and established practices:

See also our services for Legal Practices » Wingrave Yeats is a member of the Law Management Section.

Read our publication for Architects »

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

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. Our advice is highly pragmatic and unlike some large Firms is partner led.

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

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

Please contact Kathryn Moran or Christopher Jenkins to find out more

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