What does an accountant do?
What exactly does an accountant do? That is a question that has long been unanswered for many. We hope to clarify this at Watdoeteenaccountant.nl.
An accountant has an excellent view of the finances of a company. The accountant analyzes all figures and communicates everything to the customers. By understanding the finances of the company, an accountant can see where opportunities lie, for example, where profits can still be made. An accountant can also see whether fraud has occurred. For the accountant profession, it is important that advice can be given. Good advice from an accountant can literally generate money, which is why communication is an important part of accountancy.
The periodic figures and the annual figures can be drawn up based on a thorough administration. Financial statements are the annual capstone of the financial administration. The financial statement provides insight into how a company has operated in the past year.
An accountant(Inkasso) can compile, review or audit the annual statement. These are gradations in the assurance that binds the accountant regarding the accuracy of the annual accounts. The financial statements, including the auditor’s statement, offer a good starting position, for example in the financing negotiations.
Some organizations attach great importance to financial statements prepared by an independent auditor. Consider, for example, suppliers or lending institutions such as banks.
Clear story. But isn’t an accountant doing much more?
Yes, the accountant(regnskapsfører) supports the entrepreneur in determining policy. He or she provides a clear overview of the financial and fiscal consequences of policy choices. This is important for the entrepreneur. This allows him to assess the company’s state of affairs and whether, for example, an investment or a new course is justified.
An accountant also offers financial-administrative advice, in particular also with regard to acquisitions, business succession, starting or ending a business. He or she provides the entrepreneur with tax, economic, social and legal advice. In addition, the accountant(regnskapsfører kristiansand) can, for example, provide management support or advice on automation issues.