Peek into Our Company’s Identity

Accountant

In the realm of finance, the title “Accountant” may be loosely used, but to be recognized as a “Chartered or Certified Accountant” signifies a commitment to a higher standard. It’s not merely about membership in an exclusive club; it’s a pledge to uphold ethical principles and maintain professional standards.

We proudly bear the distinction of being bona fide members of the Association of Chartered Certified Accountants (ACCA). This affiliation entails adherence to the ACCA Code of Ethics, a commitment we take earnestly. Our focus revolves around critical aspects such as combatting money laundering, navigating client relationships, fee structuring, prudent management of client funds, and seeking professional guidance when necessary.

Our ethical compass? Well, it’s all laid out in the ACCA rulebook:

Integrity

We will be straightforward and honest in all of our professional and business relationships, ensuring fair dealing and truthfulness in all of our activity.

Objectivity

We will not show bias, or allow conflict of interest or undue influence to compromise our professional or business judgement.

Competence

We agree to maintain professional knowledge and skill at the level required to ensure our clients receive a competent professional service, provide diligently with technical expertise.

Confidentiality

We will safeguard the confidentiality of information acquired as a result of our professional and business relationships. We will not disclose any such information without specific authority, unless there is a legal or professional right or duty to disclose.

Professional Behaviour

We ensure compliance with all relevant laws and regulations and commit to engaging with clients in a courteous and considerate manner.

Compliance

As practising members of the ACCA, we abide by and are regulated by the ACCA code of ethics and conduct . We are registered HMRC Agents and regulated by HMRC in relation to Anti Money Laundering.

In a world where everyone can claim to be an “Accountant,” we stand out. We’re not just about numbers; we’re about doing it right. Being Chartered Accountants means we’re all in on ethics and doing our job with excellence.

Meet The Team

Accountant

Vibhav Nadkarni

Financial Consultant

Gavin Grostate

Office Manager

Usaama Ather

Semi-Senior Accountant

Ellie Portlock

Office Admin

Paddy Kennedy

Trainee Accountant

Sonali Chouhan

Head Bookkeeper

Harsh Nadkarni

Trainee Accountant

Tony Russell

Financial Advisor

How We Work

Accountant
Get In Touch

Give us a shout

Reach out to us, and we will promptly provide you with a comprehensive proposal outlining our range of services and corresponding pricing tailored to your specific needs.

Onboarding with your personal Accountant

You will be assigned a dedicated client accountant who will guide you through the setup process.

Handshake
Proposal

Getting your accounts in order

We organize your records, streamline your documentation, and ensure your accounts are meticulously managed for optimal efficiency.

Ensuring Transparency: Anti Money Laundering Compliance at Pearson McKinsey

Accountant

As part of our commitment to combatting money laundering, we adhere to stringent Anti Money Laundering (AML) regulations, ensuring that we know our clients, understand their business activities, and assess the origin of funds.

Our AML obligations require us to gather specific information, which may include:

Insolvency

A comprehensive understanding of your business activities and the nature of your employment.

Providing financial statements allows us to assess your financial standing and activity.

Information about relationships among signatories and identification of underlying beneficial owners of funds.

An assessment of the anticipated level and nature of financial activity associated with our engagement.

To comply with AML regulations, we must verify your identity and establish the source of funds for any entity or associate entity under our engagement. Identity verification includes checks on both your name and current address. Therefore, we require one item from List A and one from List B for each client, whether a Director, Shareholder, Sole Trader, or Individual benefiting from our services.

List A

A current signed UK Passport.
A current UK photo card Driving Licence.

List B

A utility bill (gas, electric, or water) dated within the last three months.
A council tax bill for the current year.
A bank or building society statement/passbook.
A mortgage statement less than three months old from a recognized lender.
A local council or housing association rent card or tenancy agreement.

It’s essential to note that we cannot accept certain documents, such as mobile telephone bills, car insurance documentation, store card statements, or credit card bills.

While this may seem meticulous, these measures are crucial for maintaining the highest standards of transparency, preventing money laundering activities, and fulfilling our responsibilities under Anti Money Laundering regulations. We appreciate your cooperation in this process, and should you encounter any challenges, please reach out to us promptly for further assistance.

Our Fees

Our Transparent Approach: Understanding Pearson McKinsey’s Fee Structure

At Pearson McKinsey, we believe in providing our clients with not only exceptional financial services but also transparency and certainty in our fee structure. Our approach ensures that our clients have a clear understanding of costs, and we strive to share the risk of any potential overruns.

Fixed Fee Engagement

We pride ourselves on offering fixed fee quotations tailored to each engagement. This approach provides clarity and certainty, shifting the risk of any potential overruns to us. Our bespoke fixed fee engagements are crafted after evaluating factors such as anticipated time, complexity, and risk specific to your needs.

While some may perceive all accountants as similar, we distinguish ourselves from others. Unlike online platforms offering mere access to software for a flat fee, we provide personalized advice and services. Our fixed fee engagements are structured to spread costs evenly over the year through manageable monthly payments collected via direct debit.

Time Based Engagement

In certain situations where accurately assessing time, complexity, and risk is challenging, we offer services under a time-based engagement. Before commencing work, we provide a total fee estimate, offering regular progress updates with detailed time reports throughout the engagement. Monthly invoices for time fees ensure transparency and cost management.

Time-based engagements are typically applicable to HMRC investigations, disputes, and disclosures.

Fee Protection Insurance

All our engagements include Fee Protection Insurance, providing coverage for professional fees in the event of an HMRC enquiry. This inclusion offers peace of mind to our clients, assuring them that an enquiry will be adequately resourced without concerns about costs.

Informing HMRC about Fee Protection at the outset of an enquiry often acts as a deterrent, preventing prolonged disputes. This coverage has contributed to high client retention since our inception, emphasizing transparency in the fees we charge.

When comparing our fees with others, we encourage clients to inquire about the inclusion of Fee Protection Insurance in the quoted figures. It’s our commitment to ensuring comprehensive support and transparent cost structures for our valued clients.

Partnerships and Accreditations

Accountant

Strategic Partnerships and Accreditations at Pearson McKinsey

At Pearson McKinsey, we embrace the philosophy that good things come in small packages. While we may not be among the Big Four, our commitment to excellence is unwavering, and our small size does not limit our access to specialist knowledge, services, and products.

Small but Mighty

Being a smaller firm allows us to be agile, responsive, and flexible in meeting our clients’ unique needs. Our size doesn’t define our capabilities; instead, it allows us to be nimble in providing tailored solutions.

Network of Business partners

Our strength lies in the strategic partnerships we have cultivated with a network of business partners. These collaborations grant us direct access to specialist expertise, skills, and services, enabling us to offer our clients comprehensive and integrated solutions.

Diverse Range of Services

Accountant

Our Commitment

Accountant

At Pearson McKinsey, our commitment to excellence sets us apart in the accountancy industry. We provide our clients with the highest level of service, ensuring accuracy, transparency, and integrity in all our dealings. Our team of experienced professionals works tirelessly to understand your unique financial needs and deliver tailored solutions that drive your success. From meticulous bookkeeping to strategic financial planning, we are here to support you every step of the way. Trust in our expertise and let us help you achieve your financial goals with confidence.

While we may be small in size, our strategic partnerships amplify our capabilities. We stand by the mantra that being small doesn’t limit us; instead, it empowers us to deliver exceptional and personalized services to our clients.

At Pearson McKinsey, we are not just an accounting firm; we are a dynamic and collaborative force, providing holistic solutions to meet the diverse needs of our clients.

Testimonals

Accountant

Satisfied with your services. You are the best tax accountant in east london. Thank you for helping me.

Rahi S

If you are looking for the best Taxation services in Lodon, you should go for Pearson. They are truely amazing and I am really satisfied with their services.

Pearl D

Normal people offering excellent accountancy services
I have used the services of this company for over 25 years. That must speak for itself. As a taxation specialist, the advice I have received over the years has been invaluable. They always remind me when we are getting close to deadlines and keep reminding me to ‘get my paperwork in, so I don’t miss my deadlines! I have and shall continue to recommend Peter and his team to anyone needing an excellent accountancy service.

Pat Clark

Simply the best accountancy services
I have worked with PM for over 20 years as a MD of a long established Head Hunting & Search Consultants. Along my journey Pearson McKinsey and its staff have provided help, support, advice and responsiveness each and every step of the way. I would consider them to be not only effective in all the work they have undertaken on behalf of my companies but also friends and partners in business.

Peter