Staff Accountant

Accounting outsourcing or a full-time accountant: which to choose? Checked for relevance on October 15, 2020 Author: Natalia Vanina Director of the Department for Accounting Services for Russian Small Business When organizing any business, it is necessary to resolve the issue of how the accounting will be conducted in the company. If earlier the owners answered it unequivocally - full-time accounting, now there are much more options for organizing the accounting service. You can hire an accountant, or you can conclude an agreement with an accounting company. Both options have their pros and cons. Let's consider in detail the advantages and disadvantages of both full-time accounting and accounting outsourcing. At the same time, the presence of accounting in the state entails a lot of inconveniences for the CEO. It is necessary to constantly keep a finger on the pulse of what is happening in the accounting department, maintain good relations with it, solve a lot of organizational and managerial tasks so that the accountant does his job well. As a result, we can draw the following Staff Accountant  conclusion: a full-time accountant is convenient, but costly and risky. Currently, more and more entrepreneurs understand that the future belongs to advanced management technologies and concentration on their core business. Among the general management trends is the allocation of accounting for outsourcing. More and more managers prefer to entrust their accounting and tax accounting to third-party specialized organizations. Among the advantages of accounting outsourcing are: For example, in our company 1C-WiseAdvice, when hiring, each specialist undergoes multilevel written and oral testing. Those. the qualifications of accountants are checked by professionals. We can share a test (with answers) that we ourselves use when hiring accountants; or we can do an express audit of the accounting base in order to understand the quality of accounting, the current financial and tax risks of the company and where you are now losing money - perhaps it is through the fault of the accountant. Having considered in detail all the pros and cons of both accounting outsourcing and an accountant in the staff, we can draw the following conclusion: if the company is progressive, developing rapidly, outsourcing is certainly suitable for it. Want to read advice from tax experts and chief accountants? Our office in Moscow: Ryazansky prospect, 75, building 4 https://jiji.ng/alimosho/accounting-and-finance-cvs/staff-accountant-6qeZTLXR0eGGDcMOOu6WLxbM.html