Accounting is the thermometer that marks the success of a company. The accountant's mission is to offer you financial, useful, timely and reliable information for decision-making and managerial control. Only in this way, the expense in your business is justified.
The Accountant has been trained and qualified to process all the documentation and information that supports the different financial operations of a company. The accounting process is systematic and rigorous, in addition regulated by specialized bodies in the matter.
The mission of the Accountant is to provide information about the financial situation of your company, about the economic results of your operations, about the flow of money within the company.
The Accountant is a specialist in processing and offering information. He is expected to be meticulous, analytical, organized, systematic, precise, and with a deep desire to provide the highest quality service.
The above applies to micro, small, medium and large companies.
The owner of a small vegetable stand in front of a school needs to know what his sales were, the cost of the merchandise he sold, his fixed costs and expenses, and what his profit was. The owner of a craft needs to know how much his business is worth, what is its working capital, the historical value of its assets, if the inventories that the business has are in a healthy relationship with the debts it has with suppliers.
Large companies need the same:
• Know the financial situation of your company.
• Know what are the results and profits that your business produces.
• Know the cash flow of money in your company.
Many years ago I coined the phrase: " Accounting is the thermometer that marks the success of your business."
This is true. Become a good accountant for your business. If you have a small or medium business, hire a serious, responsive accounting firm that has good references from satisfied clients.
If you have a bigger company, hire the best Accountant General you can find, pay a fair price for your salary, and make yourself capable accounting assistants. The Accounting Department is a factory that produces information.
With reliable, useful and timely financial information, the entrepreneur can make better decisions, better control his business and aspire to take his company to the next level of growth.
