Architects

Architects operate in a highly specialised field that combines creativity with practicality, demanding equally specialised financial strategies. Zome Accounting offers expert financial guidance and tailored accounting solutions that align with the complex project cycles and unique business structures of architectural firms.

Unique Financial Needs

Architectural firms face distinct challenges such as project-based accounting, irregular cash flow, and intricate contract negotiations. Effective financial management must address these aspects to ensure profitability and compliance.

Project-Based Financial Management

Architects require precise accounting for each project, tracking costs, billing, and revenue recognition to maintain profitability.

1

Cash Flow Stability

Given the long duration of architectural projects, managing cash flow effectively is crucial to ensure operational stability throughout the project lifecycle.

2

Regulatory Compliance

Architects must adhere to various regulations, including building codes and financial reporting standards, necessitating comprehensive compliance mechanisms.

3

Risk Management

Identifying and managing financial risks associated with contracts and client negotiations to protect the firm’s interests.

4

Our Services Tailored for Architects

Our services for architects include detailed project accounting, strategic tax planning, and comprehensive audit and assurance services, designed to streamline financial processes and enhance business efficiency. Each service is crafted to support the specific needs of architectural projects from conception through completion.

Custom Project Accounting

Tailored accounting solutions that cater specifically to the project-based nature of architectural work, ensuring detailed tracking and reporting.

Strategic Financial Planning

Offering financial planning services that help architects manage cash flow effectively and plan for future growth and stability.

Compliance Services

Ensuring that all regulatory requirements are met, from tax obligations to industry-specific financial reporting.

Risk Assessment and Mitigation

Providing thorough risk analysis and developing strategies to minimize financial exposure in contracts and projects.

Piercy & Company

Piercy & Company
We had been discussing succession planning at Piercy & Co for a number of years. Our concerns were how to protect our reputation and retain our studio culture. We met Michael Holmes of Zome who introduced us to the idea of establishing an employee ownership trust (EOT). After careful consideration it was decided that this represented the best form of succession plan for the business and we engaged with Zome to deliver an EOT for us. Zome were an excellent partner in the establishment of our EOT, project managing the process, appointing and managing the lawyers, dealing with valuations and tax clearances plus assisting with the communications with key stakeholders. They carefully managed all the component parts and made the process as seamless as it could be for us. They are able to communicate complex issues avoiding impenetrable language or legal jargon. We have no hesitation in recommending their services to anyone who is interested in any form of succession planning but in particular for the delivery of an Employee Owned Trust.

Our dedicated team

at Zome Accounting understands the intricacies of managing the finances of architects. We are here to ensure your financial operations are as precise and reliable as the services you offer your clients.