How to get the most out of your accountant

Traditionally accountants have been seen as ‘bean counters’ who saw the world in numbers and tax legislation.

In reality though, accountants have always had more expertise than meets the eye and their roles are becoming increasingly important in today’s fast-paced business world.

In the corporate world, the Chief Financial Officer and/or the management accountant has always been an integral part of the business. Rarely would a CEO or MD make any business decision without involving their ‘wing man’ – aka, accountant.

Important strategic and of course financial decisions are typically signed off by the finance department in large organisations.

Yet when it comes to small-medium businesses (SMB) or small-medium enterprises (SME), the humble accountant becomes a once/year resource – only to be seen or contacted at tax time.

At best, some business may engage with their accountants once/quarter (BAS time).

SMB / SME owners are overlooking an extremely valuable resource for their business by not proactively engaging with their accountant on a more frequent basis.