Accountancy is the measurement, disclosure or provision of assurance about financial information that helps managers, investors, tax authorities and other decision makers make resource allocation decisions. A proper accounting system is essential to any business in order to manage its daily functions and keep things running smoothly. The main tasks of an accountant include:General Bookkeeping

This is maintaining the financial records of all types of business organisations. Accountants are also responsible for generating standard financial reports and documents. They provide assistance in the filing of bank accounts of the business, formulating a system for payments to clients and salaries of employees.
Business Tax Planning

An accountant should also provide the business with a comprehensive tax planning guidance in order to maximise business tax exemptions. It is important to comply with government rules and regulations when setting up your own business, and hiring an accountant will be able to make this process a smooth one, enabling you to avoid wasting too much of your time and money with unnecessary complicated requirements and paperwork.


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