The accountancy needs of a medical practice are unique in the business world. The practice is run as a business, but the principal source of income is public money from the NHS. This creates two pressures on busy Health Professionals, to run their practice in an efficient and fiscally prudent manner, and also to satisfy NHS requirements to track and manage expenditure, while applying for and obtaining funding. The way our service differs to that of most other accountants is that we are a "one-stop shop". Marcia Bowers, our senior partner, is the first point of contact for clients and has full control over all work being carried out. This means clients need only deal with one person for all their needs, not different people in different departments. This ensures the fullest possible understanding of your requirements and objectives, thus ensuring that the solution provided is fully tailored to the needs of your practice. Any staff working on your accounts will have the requisite training and experience to conduct the work in an efficient and constructive way in order to provide a first class accountancy service. The firm, a specialist medical accountant, currently provides all round accounting and tax advice to GP Medical Practices in Suffolk, Cambridgeshire, Norfolk, Essex, Bedfordshire and North London. We also act for GP locums, hospital consultants in private practice, retired doctors and dental associates. The firm is a member of AISMA (the Association of Independent Medical Accountants) which is a network of over 75 firms of accountants throughout the UK who are all specialists in working for doctors. The association was formed in 1995 and has developed a rigorous qualifying procedure to ensure that AISMA accountants are amongst the best advisers available on finance, taxation, practice management and accounting issues. By the members pooling statistical data of medical practices and the ongoing sharing of expertise and knowledge, AISMA accountants have built up a clear picture of just what makes a profitable well-run practice.
