News >> Booth Ainsworth News >> News 41

Accounting policies, appraisal and benchmarking

It is difficult for the average practitioner to compare standard information. The need for accounting policies is to ensure a consistent approach to the preparation of the practice accounts and to make meaningful use of probably the most important tool at their disposal - trend analysis.

We believe it is important for practices to understand their performance in the context of their professional sector as a whole. We therefore use national performance data to provide clients with constructive advice on their performance aims for the future.