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Is an Accountant a Legal Counsel?

Welink Accountants

Welink Accountants

Is an Accountant a Legal Counsel?

 

The answer is maybe! It depends on the accountant. Some accountants and accounting firms play the role of legal counsels as well. 

 

Summary:

 

  1. Can an accountant be my legal counsel?
  2. What does a legal counsel do?
  3. Where can I find an accountant who is a legal counsel?
  4. Two accounting firms specialised as legal counsels

 

1. Can an accountant be my legal counsel?

 

An accountant may be able to act as legal counsel as ample knowledge of legal vocabulary and procedures are essential to a company’s financial success. 

 

2. What does a legal counsel do?

 

As legal counsel, an accounting firm can assist its clients in tasks such as taking the minutes of general assemblies and modifying statuses, deeds of assignments, judicial reviews, and a variety of other documents. A legal counsel conducts the necessary research and draws up pertinent data produced by the company in order to assist in its judicial procedures.

 

As your legal counsel, your accounting firm can take up the responsibility of drafting agreements and reviewing them, consequently generating high-quality technical reports. These reports may require the necessary in-depth knowledge of a legal counsel who is able to analyse technical documents carefully and critically. More specifically, an accountant or accounting firm would represent the financial legal counsel for the organisation, primarily contributing to the company’s knowledge and awareness of tax laws for example.

 

3. Where can I find an accountant who is a legal counsel?

 

The accountants registered on Welink Accountants possess a variety of expertise and specialisation. You can search for a qualified accountant that will also act as legal counsel for your organisation. A legal counsel will ensure your business’s operations are running fluidly and correctly, according to your specific needs. 

 

4. Two accounting firms specialised as legal counsels

 

Mushroombiz

 

Owned by Ed Surman, Mushroombiz is an accounting and financial consulting firm based in London UK. Mushroombiz was created by successful entrepreneurs to help other entrepreneurs cut costs and grow their businesses. This company specialises in many facets of business including financials, operations, risk management, and technology. 

 

The firm created a range of service packages with set pricing in order for clients to accurately plan ahead and to choose services in a cost-effective manner. This company has expanded rapidly across the UK and throughout Europe because of its customer-focused ethos. 



SKS Business Services Ltd

 

SKS Business Services Ltd is a firm of expert accountants and auditors located in Richmond UK. These professionals provide Finance Function Outsourcing, Bookkeeping, Payroll, Management Accounts, Financial Planning, Personal Tax returns services to a wide range of clients in the Richmond and Greater London area.

 

SKS will take the time to fully understand your situation and recommend the most adapted solutions to advise you on legal and financial matters. 

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