Not the lonely, boring types you think they are. Get to know your accountant, you might be surprised at what they can do for you.
Often, we imagine accountants as bland characters with brown socks. However, CPAs come in a wide range of colours. Simply find the shade that suits you and your business.
Yes, you’re right, they have a Cartesian side as well and act with discipline and depth to analyze your numbers… but they can also have a vibrant, effervescent side.
The work world is constantly changing and so are accountants. Curious and passionate, they touch on all business sectors and take a keen interest in the issues facing entrepreneurs and their industry.
Motivated by the success of their clients, CPAs take the time needed to fully understand each one’s needs. They can therefore help them at every stage of their business growth, as their expertise covers many aspects, from start-up to financial optimization, and from financial statement analysis to management consulting.
Promoting growth in a time of technologies
Increasingly, accountants are integrating the mastery of technological tools into their practice and acting as analyst-advisors.
The rise of artificial intelligence, advanced analytics, blockchains and cryptocurrencies is forcing companies to transform their ways of doing things in order to remain competitive. Mobile applications, cloud computing and cybersecurity are now part of the daily life of organizations.
Accountants can help you adapt, step by step, at the pace that suits you. They will conduct a 4.0 audit to identify your technology needs and work with you to put in place a game plan to make the changes in the short and longer term, including a financing plan and optimization of the organizational structure.
Implementing promising business strategies
In the current workforce shortage, it’s all the more important to dare to adapt to the market in order to deal with local and international competition. The challenges are daunting so it’s essential to put in place a visionary and effective strategic plan.
Your CPA can see far ahead. As a consultant on the lookout for emerging and enduring trends, he will guide your thinking on the best ways to showcase your business and keep you at the forefront of your market.
Having a successful business transfer
During an acquisition, or to ensure the sustainability of your business, it’s vital to prepare the transition upstream. To do so, your accountant will work with you to establish a solid succession plan to avoid conflicts and the uncertainties of improvisation. Developed over several years, a succession plan is an invaluable tool in the case of a family transfer as well as a buyout and sale.
Providing assurance for your financial information
Of course, your accountant will continue to meet your assurance needs, whether for an audit or compilation engagement or to provide a reasonable or moderate assurance report to your shareholders, creditors or any other users of your financial statements.
Your company can always count on your CPA to advise it and ensure that your financial information complies with current standards.
Addressing Canadian and international tax with confidence
To avoid complicating your life and, of course, maximize your situation, it’s advantageous to deal with an expert. Your accountant will continue to be there for you, regardless of the context in which your business operates.
Working in tandem with your accountant
Every entrepreneur wants to work with professionals who have their business at heart. When a climate of trust is established between you and your accountant, it becomes easier to move forward and deal with the issues that arise.
Accountants don’t work alone in their corner. They act as a team with you and in synergy with their collaborators so that their expertise allows your business to stand out. They put all of their energy, determination and experience at your service to ensure your success.
06 May 2020 | Written by :