The changing role of accountants
There has long been a perception that accountants are number-crunching, bean-counters. Only there to perform a function and undertake a task, rather than to provide insights.
This perception isn’t accurate. A qualified, experienced, strategically minded accountant can be a great asset to a business. The true purpose of their role was lost beneath repetitive, transactional work.
With the help of technology, times, and opinions, are changing.
Technology can automate some of the laborious aspects of an accountant’s role. Tasks such as reviewing bookkeeper data, wading through receipts, and completing process-based work have been replaced by the click of a button. Freeing up time for the accountant to focus on more of a business advisory role.
Your accountant knows your financial situation and so can provide consultancy services and guidance on new business opportunities. For example, make recommendations on how to invest, when would be the best time to grow your business or whether extra funds might be needed to bridge the gap.
If you’d like some help to achieve your business objectives, please call Ian on 01772 925230
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