Accountants often experience challenges between supporting his or her profession values and the demand of the real world

Accountants often experience challenges between supporting his or her profession values and the demand of the real world. Balancing these opposing demands speaks to the nature of being a professional versus simply having a job or performing a function. Professional are expected to exercise due care when performing their responsibilities of the job. (Jui and Wong, 2013).
Your time is your money. By having an accountant, it gives one time to focus on other things that one has on their plate (Smith, 2014). The problem is time something in short supply, that one can never get back.
When selecting an accountant, there are many things to consider. It goes without saying that, if you do not have a strong financial background or know much about accounting, you should not be doing your own accounting. The best place to begin with choosing the best accountant is to look for recommendation. Ask people, ask fellow associates of professionals if they can refer you to a qualified accountant (Smith, 2014). By getting recommendations, one can get an idea if the accountant has the experience and skills necessary to help you.
Although it may seem at the same unfair and practical, however verify that the accountant is qualified through one of the main accountancy bodies such as the Association of Chartered Certified Accountants (ACCA), the Institute of Chartered Accountants (ICAEW or ICAS), or the Chartered Institute of Management Accountants (CIMA).
Accountants expect to be compensated for the services they perform and for some businesses, the additional expenditure can be a true budget killer. Accountants’ rates differ based on what’s included. Your payment may be lower depending on the type of relationship you’ve established with your accountant or the kind of business you possess. Ultimately, you are still increasing your operating cost by employing an accountant, even if it’s just on a part-time basis.
Like all others, accountants are human too. There is no means to assure that an accountant will not make an error at some point in their careers. A minor mistake that occurs can be easily fixed and generally not a big concern for management. However, a mistake that is on the larger scale, could be horrible for a company (Lake, 2015).
Accounting is not an easy job, accountants should ensure that they are performing to the best of their ability every single day. However, an accountant services are expensive, but the cost does not outweigh the benefits an accountant can provide (Gold Medal Products, 2013).

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