I am very happy to write about this blog post because in this post you will find out about my personal experience with an accountant and how he was of great help to me.

Before telling you about my meeting with this accountant, it is important that you know who an accountant is and also understand what an accountant does.

Who is an accountant?

An accountant is a professional responsible for interpreting and maintaining financial records.

What does an accountant do?

The day-to-day tasks of accountants can vary depending on their position and the organization, however, I will list some of the common tasks and responsibilities you can expect from accountants.

• Accountants ensure the accuracy of financial documents, as well as their compliance with applicable regulations and laws.
• An accountant can help prepare tax returns and also ensure taxes are paid correctly and on time.
• Accountants offer advice on maximizing profits, reducing costs and improving revenue.
• Accountants maintain and prepare important financial reports.
• Accountants perform risk analyzes and forecast assessments.
• Accountants evaluate financial operations to identify problems, recommend best practices, and develop strategies for solutions. Moreover, they also help in managing the organizations effectively.

My personal experience

Now that you have a good understanding of who accountants are and what they can do for you, I'll tell you about my personal experience.

I reside in the USA and when I started my business I was responsible for everything, I knew what was coming in and what was going out and as such it was not difficult for me to keep accurate records . But then the business continued to grow and I now had more things on my plate, I slowly started forgetting about my accounts and you know keeping accurate records is essential for any business as it helps you to take calculated risks and make reasonable decisions.

My business continued to grow and over time I forgot the accounting records and focused on other aspects of the business as I needed the business to grow and like any other typical American , I finally understood as April 15th approached. which is the deadline to produce and submit your tax form. I started rushing through the math, did everything on time and submitted, as you guessed it, it had errors and the IRS quickly spotted them. They sent me an email informing me of my errors.

I'm a perfectionist and as such I don't like to fail or make mistakes, I knew I didn't have time to always go through every form correctly that's when I thought about engaging the services of chartered accountants. I contacted them and they started to manage all my accounting documents. Today, all my accounts are up to date and my taxes are filed promptly. I no longer have to worry about getting the numbers right, I can just focus on growing my business.