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Accountants Who's Who - Business Plus Online

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BP SURVEY<br />

ACCOUNTANTS<br />

external adviser to help in their negotiations can improve things,<br />

as there is less emotional attachment and they can get to the root<br />

of the issues. We have had a number of recent successes in such<br />

scenarios.<br />

Paul McCann<br />

Grant Thornton<br />

Banks are in the business<br />

of getting their money<br />

back once they lend it<br />

out. Credit conditions are<br />

definitely improving and I<br />

think that pillar banks are<br />

lending, but carefully and<br />

selectively. It is difficult to<br />

blame them for this, given<br />

the need to improve their<br />

balance sheets.<br />

Paul McCann, Grant Thornton<br />

In my experience,<br />

people have long since passed talking about the recession. It is<br />

the new normal and people are just getting on with it.<br />

<strong>Business</strong>es are more aggressive, determined and hardworking<br />

then they were, which is a good thing in the long run. The new<br />

personal insolvency regime will take time to run smoothly but<br />

inevitably it will become part of the fabric of business life. It will<br />

give many entrepreneurs a second chance. I only hope that they<br />

will wait the five or six years it will take to complete the process.<br />

Mark Kennedy<br />

Mazars<br />

The credit situation still<br />

remains very challenging<br />

for domestic SMEs.<br />

Often the differentiator<br />

between successful and<br />

unsuccessful credit<br />

applications is the quality<br />

of the business case.<br />

Putting forward<br />

the best case for your<br />

business is something that<br />

we actively help clients<br />

with on a daily basis.<br />

Mark Kennedy, Mazars<br />

I think that there has<br />

been a psychological shift amongst business people regarding<br />

the economy, and many are getting back to business, treating<br />

the environment as a ‘new normal’.<br />

<strong>Accountants</strong> as a profession tend to be very conservative and<br />

my own view is that the relationship between accountants and<br />

their clients is too focused on providing services such as<br />

accounting or audit. We believe instead that clients should<br />

capitalise on the deep knowledge – both technical and business –<br />

and expertise of their accountants. At Mazars, we train our teams<br />

to focus not only on technical services but also on how to help<br />

clients with sector and business issues.<br />

continued on page 68

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