The Institute of Chartered Accountants in England and Wales (ICAEW) launched its Online Accounting Software Guide at Friday’s Cloud Computing for Accountants event in London, which included a glowing review of Liquid Accounts’ cloud accounting software.

The annual guide provides valuable information for finance professionals who are considering online accounting and analyses leading cloud accounting packages, and includes a detailed review of Liquid Accounts and its online accounting software.

The guide recognises and highlights Liquid’s modular and scalable design structure, making it an ideal solution for a broad range of business sizes and types to use. ICAEW says Liquid is simple with enterprise level functionality and recommends that businesses take a good look at the Liquid Accounts system.

According to the ICAEW, ‘the Liquid Accounts system has a longer history than most of the online accounting systems out there, and its longevity seems assured; early in 2010 it gained more than £750,000 in equity funding. Because the system is based on a traditional ‘enterprise level’ solution, it offers a depth of functionality that is unusual in online accounting systems, but this is masked with a veneer of simplicity.’

Speaking about Liquid’s inclusion in the Online Accounting Software Guide, Liquid MD, Matt Holmes, said:

‘We’re delighted to be included in the ICAEW’s Online Accounting Software Guide for the second year running. Having celebrated our fifth birthday this summer, our inclusion in the guide highlights how much we are growing as a cloud accounting market-leader and is testament to the effort put in by our team.’

Liquid Accounts, which has been a market-leader in the online accounting software market since 2005, sponsored and exhibited at Friday’s event, held at Chartered Accountants Hall in London, alongside the likes of computing giants Microsoft.

Matt Holmes, who is also Chair of the BASDA (Business Application Software Developers Association) Special Interests Group for Cloud Computing, used his industry expert knowledge to speak at the event alongside other cloud computing experts.

Matt’s topic of discussion was the issues surrounding cloud accounting and the benefits for accountants of being able to manage clients’ accounts online. Matt presented ‘in the cloud’ via Google Docs, and his presentation can be found via the link below.


The seminar defined what is meant by cloud computing, what are the benefits that can be enjoyed and what the issues are that accountants need to be aware of. Delegates received legal advice from a qualified lawyer, experiences from colleagues that are using cloud solutions and what actions attendees should be taking to ensure cloud success.

Having recently been awarded software accreditation from the ICB (Institute of Certified Bookkeepers), Liquid’s software is also currently being reviewed by the ICAEW for accreditation.

The ICAEW provides its members with knowledge and guidance based on the highest ethical and technical standards. They shape opinion, understanding and delivery to ensure the highest standards in business and in the public interest. For more information about the ICAEW and the services that they provide, visit their website.

Liquid Accounts is a market-leader in the online accounting software market and is made up of a team with over 30-years experience in writing accounting software and integrated business systems. For more information about Liquid Accounts and their award-winning software, visit their website by clicking here.

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