All interactions with Meredith Harington are considered a component of an overall experience. Each component can and does work independently but they work much better as a whole and this is what we call The Meredith Harington Experience.
The individual components as we see them are:
Understanding your business - This is probably the most important concept that is practiced every day at Meredith Harington. By understanding how your business works, what makes it tick, what works well and what could use improvement, we can help you to optimise its profitability, reduce its risks, increase its value and minimise its taxes. Understanding your business is critical for achieving success.
Evaluating your risks - In accountant speak this is known as Internal Control. A very important aspect of any audit or accounting assignment is understanding what risks you currently face or could possibly face in the future. If we can help you identify a risk that you did not know existed you could save time, money and effort in the long run.
Testing your tax compliance - Whether you need a tax clearance certificate for a tender or whether you are projecting your tax cash flows, it is essential that your tax processes are compliant. We have developed a Tax Health Check to give company directors total peace of mind.
Projecting your financial future - Surviving tough economic times takes careful planning, and sometimes bold steps. Equally, planning for growth following the recession will require strong financial planning. We can assist you in translating your business plans into detailed financial projections. In this way you will have the assurance that your strategy has the best chance of success.
Discussing and reporting - We strongly believe in adding value by going beyond the presentation of a set of financial statements. Statutory Financial Statements might have little relevance to business decisions and planning. It is often the management accounts or the supplementary information that adds the most value. To obtain value from your accounting and reporting function it is critical that the financial information is properly interpreted. This is the area in which we can add huge value, whether by presenting a detailed analysis of your results or by means of our mhONLINE diagnostic tools .
Adding to your wealth - Our value may be measured in the increase in wealth of those behind an enterprise during the time of our involvement and beyond. We take a proactive approach when it comes to this component of our experience. No one ever made a fortune by cutting back on bank charges or charging their staff for personal phone calls. By discussing your business with us we can make a real contribution to your wealth. This might involve efficient business structuring, cutting edge suggestions, review of contractual arrangements or taking full advantage of the tax laws.