FAQs
Do you have any questions about our services on why to choose us, how we work, and how we can address your problems? We are always a call away to assist you.
Why are accountants important?
As a business owner, you might feel that you can easily manage business finances by yourself. Still, financial matters are delicate, and any small mistake or negligence may cost you a financial loss. Accountants help business owners in making smart financial decisions and fulfill compliance requirements.
They analyze the financial data of your company and determine the areas for improvement. They prepare financial statements. You can seek advice based on the financial needs of your business. They help you monitor the cash flow and thus allow you to resolve any problems that might occur in real-time. They help you in filing returns of your company and identify different ways to save tax.
Why is accounting important?
Accounting plays a crucial role in the growth and development of the business. Poor financial management is one of the main reasons for business failure, and it can be avoided with the help of accounting. It helps you monitor profits and expenses, ensure statutory compliance, and and provide information in making business decisions.
Accounting helps you to understand the concept of fixed costs and variable costs. It gives you a better understanding of the well-being of your business and enables you to identify the problem which needs special attention. It helps you to detect and avoid frauds done by customers, employees, or vendors. Monitoring and saving a bit on every expense can help you gain significant results in the long run.
Frequently Asked Questions
A: Instead of setting up a whole new division and hiring workforce to do your accounting and meet the regulatory requirements, you can assign us to do the work at half the cost and double the efficiency. At least you will have one thing to worry less about.
A: It is easy to track down the performance of your employee when it is related to sales or marketing, but you cannot measure the effectiveness of administrative and financial management. Any negligence in sales may affect the cashflow, but negligence in administrative and financial management will lead to losses, fines, and sometimes even threaten the existence of the business.
A: When you appoint us to handle your accounting needs, you can be assured of success. We assign you a single point of contact who will be responsible for managing your project.
A: When you outsource, you are saving 40-50% of the operating cost. One thing for sure is that we do not compromise in quality.
A: We always recruit chartered accountants, graduates, and article assistants. We only hire qualified professionals to ensure quality solutions to your business needs. Our Certified Public Accountants are also BOA (Board of Accountancy) & BIR (Bureau of Internal Revenue) accredited.
A: Not at all. We provide better information to help you make decisions.
A: All of your company’s data are kept confidential. Our employees go through a background check before joining us, and we restrict any unauthorized entry to our premises and server room. We back up our data from time to time.
A: We act as custodians to your data and not owners. We transfer all the necessary information and data which belong to you. We also extend our support for any queries or assistance even after the termination of the agreement.
