The team from 1 Accounts Online, is celebrating after being shortlisted for a prestigious national industry award. Managing Director, Paul Donno, has been nominated for the Practice Excellence Pioneer of the Year 2017.
The annual Practice Excellence Awards celebrate excellence in the accounting profession. They aim to highlight the key role that accountants play in supporting UK businesses. This year there have been a record number of entries with over 200 submissions across 10 different categories, up by 16% on last year. There are 4 other accountants shortlisted in the Pioneer of the Year category. Paul will be competing with some of the leading names in the industry to win the coveted title.
Paul comments, “Over the years we have won several notable industry awards including the British Accountancy Awards for New Practice last year. The Practice Excellence Awards are definitely a big deal within our profession and I am really delighted to be shortlisted.”
The Practice Excellence Awards Ceremony takes place on 19th October at The Brewery, an impressive venue in central London. 500 guests will attend the dinner which is being hosted by comedian and satirist Marcus Brigstocke. Paul and his fellow director, Jenni Donno, will be attending the event as guests of Sage UK and are hoping to return to Haverhill with another trophy to add to their growing collection!
Since establishing 1 Accounts the number of employees has increased from 2 to 6. The latest member of the team is ex Castle Manor student James Revell. He will be undertaking an Association of Accounting Technicians (AAT) Apprenticeship through West Suffolk College. James was put forward for the role by Karen Chapple, ONE Haverhill’s Youth Skills Manager. In December the level of expertise within the company will be further enhanced with the appointment of another Chartered Certified Accountant.
1 Accounts has also recently extended its reach into Cambridge with the opening of 1 Accounts Cambridge Ltd, headed by experienced Cambridge businessman Mark Coplowe.
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“Over the years we have won several notable industry awards including the British Accountancy Awards for New Practice last year. The Practice Excellence Awards are definitely a big deal within our profession and I am really delighted to be shortlisted.
“When we started 1 Accounts in 2014 our service offer was purely online accounting. At that time it was a brave step. Some of the more traditional accountancy firms did not believe it was viable to build a business based on just an online service. I ampleased to say that we have proved them wrong!
“Now, thanks to the government’s Making Tax Digital initiative, all accountants are having to look towards the digital space to ensure they keep their clients compliant. Online accounting has disrupted the traditional accountancy business model. Real time financial information, fixed fees, no time sheets and having more time to spend on supporting and guiding clients means we can offer business owners a completely different experience.”
Director – 1 Accounts Online Ltd