Not your stereotypical accountant | Specialising in property development, cosmetics and aesthetics | Taking the fear and 'boring' out of accountancy since 2013 | Xero, QuickBooks and Sage Partner |
Do you know your responsibilities as a company director? What you’re liable for? Most people see the title of ‘director’ as a status and flex but do they really understand all the implications? One implication for a director is that they must ensure that the company keeps adequate accounting records and files accounts. But how many directors can honestly say they understand fully their financials and their processes? If you’re a director do you? How many directors know their cashflow forecasts and can rely on their data with certainty? Not many. Why? Because they haven’t taken the time to understand or have outsourced the work too early and are hoping it is being done correctly. FYI if it’s not, it’s YOUR responsibility. Does that give you a feeling of uncertainty? It would me! So what’s the solution? Firstly, you need a good robust accounting system and training in that system so you know EXACTLY how your processes work. This is 🔑 WHY? Because when you then grow and outsource, you know exactly what you need. How long it will take, how you want it done, you’ll understand it enough to be able to keep an eye on it and therefore meet your director obligation. I’m not saying understanding accountancy and tax to its fullest, that’s what an accountant helps you do! I’m saying understand your pure basics in bookkeeping and see the difference. Make sure you work with an accountant who can support this and see the changes that happen. If this has resonated with you and your company, it may be worth us having a chat because this is what we do! We help you find the best accounting system for you, we train you on the system, give you support afterwards and help you with all the accountancy and tax compliance. All under one roof! And then if you are at the point whereby you want to outsource the bookkeeping to a professional, we can do this for you too! It’s your business get to know it a little 🥰 #accountingsystem #accountingservices #bookkeeping #companydirector #director #limitedcompany #sme #growth #taxservices #training #support
