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Seven reasons why you should consider your accountant as a key player

Posted: Wed Dec 18, 2024 3:58 am
by jrine01
The accountant is a key part of any successful business, but those who ignore the implications and importance of their work may undervalue their job.
We tell you why not everyone can be an accountant.

Learn the reasons why you should consider your accountant as a key part of your company.

In chess, there are pieces that are more important than others, just as in companies. Within the chessboard of your company, a good accountant is a very important tokelau email list piece. To paraphrase the popular saying, you don't know how good your accountant was until you lose him.


It is sometimes said that the work of an accountant is not productive . Nothing could be further from the truth. A good accountant, according to the definition of the word “productive” given by the RAE, has the “virtue of producing”, since with his work he generates positive returns for the company and is “useful or profitable”.

It is important to highlight the losses that can be caused by poor accounting that does not reflect a true image and leads management into errors. These include:

Poor cash flow forecasts that can lead to costly overdrafts on bank accounts,
outstanding clients who never get paid,
warehouse losses,
expenses that are not recorded
and so on and so forth of nonsense that can end up leading a company to bankruptcy.
Therefore , the work of a good accountant can be one of the most productive in the company.

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Not everyone can work as an accountant
Accounting , far from being seen as a commercial obligation, should be used as a source of information for the company's internal control and decision-making .

To ensure the quality of accounting information, it is key that your company's accountants have solid training in accounting matters .

Training is essential to ensure that your company's accounting is well-maintained. Some companies are foolish enough to hire people with little accounting training and without the appropriate supervision to work as administrators and accountants.

The problem of a lack of training and diligence in accounting operations is not exclusive to certain accountants who work directly for companies. Sometimes, it also affects certain “low-cost” business consultancies , which lower the quality of their service more than their prices.

In addition to training, it is also important for an accountant to have certain skills, such as being organized, methodical and having analytical ability.

Another determining factor for the success of any company is the good relationship between the business owner and his accountant or consultancy. This union will allow information flows in both directions, with the business manager having accurate and useful information for decision-making at all times .