ACCOUNTANTS NEED TO BE CORRECTLY AND REGARDLY RECOGNIZED

 

For many founders, Finance is the power of the business language. 

It is the key language for you to look ahead and set the course of action for the company so that your decisions preserve capital and grow over time. 

But looking at it objectively… 

Finance would be nothing without Accounting. 

Accounting ensures compliance with accounting principles, principles and regulations. 

Without an Accountant, many people would even… go to jail. 

Accountants ensure that the numbers are high quality, accurate and available for… analysis.

Without Accounting, Finance would be just a group of people present in the meeting room and just watching each other and drinking coffee at 7:00 am. 

The problem is that many financial professionals don’t realize this. 

They do not share information about business developments or metrics with Accountants.

However, they still tend to blame accountants when the numbers do not capture business developments in the marketplace.

It’s time for us to take a respectful and two-way view of the financial function. 

For each piece of information that Accountants share with Finance, Finance should respond and share the business meaning and direction from the numbers that the accountant collects.

The two teams should establish a strong partnership because they are actually better at working and coordinating… together. 

A good and reputable accountant, your company will operate very stably, enjoy the business and have a solid rear. 

Don’t waste money on your accountant. 

In investing, there is a saying like this, it doesn’t matter how much money you earn, what matters is how long you manage and keep them in your pocket. 

That is the role of the accountant, the accountant will tell you how you use your money and whether it is really reasonable or not.