Post by account_disabled on Feb 22, 2024 1:40:27 GMT -5
Choosing an accounting firm is more than hiring a service: it is choosing a strategic partner. Because of this, you need to be careful with sloppy and/or unqualified professionals. A competent accountant is a valuable asset to any establishment, small or large. More than helping with bureaucratic issues, this professional has everything it takes to become a strategic partner . It can help you even if you undertake it alone , choosing the best tax regime , assisting in calculating taxes, etc. However, as in all areas, there are many professionals who are incompetent or even without an official license to work in the accounting market. Hiring the services of one of them will give you a huge headache: they could make mistakes that will cause your company to suffer considerable financial losses, or even legal problems resulting from accusations of tax evasion . Avoid this worry: check out our tips for hiring an excellent accountant for your business and reap the rewards of a strategic and profitable partnership! Click.
To go straight to the topic that interests you: assess whether you really need to hire an accounting firm define whether you need one-off consultancy or an ongoing service define the Saudi Arabia Phone Number profile of the accounting firm to be hired by you research a lot! Choose offices that you know through recommendations check if the office and/or professional is registered with the local crc evaluate the establishment’s proactivity don't just hire for price carefully analyze the services offered by the office pay a visit to the establishment have you hired yet? Monitor (and facilitate) office work 1. Assess whether you really need to hire an accounting firm as a rule, every business needs an accounting office. This is what is in the civil code: art. 1,179. The entrepreneur and the business company are obliged to follow an accounting system, mechanized or not, based on the uniform recording of their books, in correspondence with the respective documentation, and to prepare the balance sheet and economic result annually.
There is only one exception to this rule: the individual microentrepreneur (mei). Anyone who works within this category only needs to submit a declaration with the previous year's income to the irs. Still, the professional can be of great value: the law states that the mei is entitled to free accounting advice from accounting firms during the first year of activities. It's an excellent opportunity to get tips and ask questions! 2. Define whether you need one-off consultancy or ongoing service accounting desk selecting an accounting firm to deal with everyday bureaucracy is very different than choosing an establishment to provide one-off consultancy. Accounting is not just about resolving bureaucratic issues. This segment has several branches , which help your business in different ways. So, even though the law states that you need an accounting service just to resolve tax issues, you can also count on specific consultancy on other topics. For example: a financial accounting service can be very useful in proving the financial health of your business.