So far what we’ve understood is that a lot of people aren’t much aware of understanding the roles of bookkeepers, chartered accountants or accountants. Thought almost all activities are undertaken by these three but it is important for one to know the difference between them prior to choosing the professional advisor. A bookkeeper is often termed as an accounting clerk or an assistant and they sometimes label themselves as ‘accountant’ however this doesn’t mean that they aren’t certified or reliable chartered accountant. Their major role is to record, process and report the day to day business transactions. Professional bodies such as the Association of Chartered Certified Accountants or the Chartered Accountants Australia need its accountant to be certified and educated on an advanced level.
It is highly vital for one to have completed a minimal set of training and professional development (as it is required) to maintain their membership. They stay updated with all the changes to the tax legislation and economy and genuine business environment. Now you might be wondering why one should choose a chartered accountant…
- Nowadays it is believed that it is beneficial for a firm to involve a finance professional as they play a key role during a business’s successful trip.
- It is recommended to engage qualified and experienced accountant as you wouldn’t want some rookie to be handling your fiscal issues or filing your taxes.
- A chartered accountant is considered as an asset to help you grow your business as they take care of matters such as bookkeeping and filing taxes and whatnots.
- They possess the ability to meet the standards and requirements of a business as they work by a strict code of ethics.
You can hire the best accountant and taxation professional Joe Madrajat as being a pundit he can be of huge help in taking care of your tax matters.