When your car needs repair, do you repair it yourself or leave it in the care of a mechanic? What about when your electrical grid fails? Or when your appliance requires a part to be replaced? For the same reasons, you should hire an accounting firm to take care of your finances, taxes, and payroll, for example.
By correctly applying accounting knowledge in your company, you will have accurate reporting and a clearer understanding of the financial situation. An accounting firm is assertive in its records and transactions, adding value to your business.
Hiring an accounting firm also reduces your time spent as an entrepreneur, who needs to plan and take care of management, in addition to the fact that, if you are not a financial specialist, you need someone with knowledge in accounting and taxation.
The staff of an accounting firm will also be able to advise you on various aspects. In addition to accounting and financial advice, it can help you create or perfect your business plan, inform what type of loan best suits you, help you choose suppliers with the best price and who convey confidence that they value compliance with the terms of a future contract. And if you wish to expand your business, make purchases and sales, an accounting firm can examine your financial record and advise you on improvements to maximize your profits.
The monitoring of cash flows, bookkeeping in books established by tax and accounting laws, control and generation of all calculations and payroll entries, payments and receipts, and lines of credit are related to the services of the accounting office. Accountants must resolve discrepancies that occur in company accounts and facilitate communication related to finances between other team members to ensure that information is being channeled completely and accurately.
It is important that the company actually has a high-level partnership with the accounting firm, so that all its needs are fully met and at an appropriate level. This means the accounting firm's proactivity in anticipating analyses of advantages in legal tax alternatives, technical-accounting support in new businesses and transactions, technical capacity, and willingness to act as a true consultant to the company.
Contact TATICCA — ALLINIAL GLOBAL, which provides integrated auditing, accounting, tax, corporate finance, financial advisory, risk advisory, technology, business consulting and training services, for more information, at www.taticca.com.br or e-mail taticca@taticca.com.br and learn more. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.