Accounting is a crucial part of every business, from small boutiques to multinational corporations. You can’t ignore your accounts, and doing so for even a short period of time can damage your business. However, accounting is complicated, and mistakes can be costly. Hiring a professional accountant can save you a huge amount of time and money, which are often one and the same.
The choice of an accountant is a fairly subjective thing – you need to pick someone that you will be happy to deal with for a long time. But, no matter your personal preferences, there are some common things that you should definitely be looking for.
The terms “bookkeeper” and “accountant” are often mixed up and used interchangeably. So what is the difference?