Forbes had recently commented in their article, Why Accounting and Finance Pros Are So Difficult to Hire, that Accounting and Finance Staff are among the Top Ten hardest positions to fill. This is quite troubling, since accountants are crucial to business operations from planning, analysis, forecasting, and high-level decision-making.
As noted in the article: There are approximately 1.1 million accountants in the U.S. Of that 1.1 million, 73 percent work within a business rather than in an accounting firm.
Why rely on an external accounting firm rather than keep everything in-house? There are several advantages.
It is all the more important today for all businesses large and small to find experienced CPA firms that can deliver what that they need. They must have accountants that can identify trends that drive different businesses and help resolve weaknesses and opportunities. It should not be underestimated how effective financial management drives growth.
To this end, it is not enough to select just any CPA firm, for good, expert advice is a priceless resource. Businesses today must be able to manage the wealth of information they must have to succeed. Many hope to save using accounting tools and software, or accountants offering lower fees, never realizing that they’re passing up the essential link between market, business, government, and profit. A truly expert CPA must be receptive to your needs, and can do more than just number crunching.
The CPA firm you choose must be able to deliver all that you need for your CFOs to make informed, sound decisions. Forensic accountancy helps you root out waste, fraud, and criminal activities. More than ever in this economy of ours, a good CPA firm should be able to handle issues international in scope. Mobility and connectivity are now essential aspects of the business environment, make sure your financial services keep pace with the working world. Your business needs a solid footing to deal with risks and the unexpected, expert accountants protect you. Speed, efficiency, confidentiality, and thoroughness must be their watchwords.