When asked, most people would say they assume only the rich and famous can benefit from a financial planner, when in fact everyone can gain some use from their services. Whether you are a working adult, retired individual, or business owner, taking advantage of a certified accountant in Nanaimo to become a financial planner or adviser can benefit you in a number of ways. For one, setting personal or business goals that revolve around your funds can end up earning you more savings over time. Secondly, some financial planners can provide investment information and guidance, giving you tips and suggestions on potentially lucrative opportunities. Once you take the time to understand how much a certified accountant can offer, you may quickly find a task they can excel at for you personally.
Services a Certified Accountant can Offer
CPA’s can offer a variety of services to both individuals and corporations. They have a unique knowledge and grasp of many financial areas and can assist with:
* Estate planning. This may include wills, trusts and estates, beneficiary designations, and more, especially those among wealthy individuals.
* Tax preparation. Professional assistance to ensure you make the most of your annual deductions and earnings.
* Forensic accounting. Monetary litigation or investigations of financial fraud within a corporation or organization.
* Corporate governance. This helps structure the rights of financial participants within a corporation.
* Financial analysis. An accountant will review your statements and suggest ways to improve on the overall economy of the company.
Maintaining a Competitive Advantage
Certified accountants on staff in Nanaimo can become valuable additions to a corporation’s payroll. They may assume a number of responsibilities such as providing input on financial decisions and identifying market advantages. When on an in-house staff roster, CPA’s can take on titles such as CEO, CFO, treasurer, consultant and more. For both established corporations and start-up small businesses, having a full time accountant on salary may not be the best choice. For those, turning to an outsourced or third party CPA can be very beneficial. Not only can this decision help you stay on top of the intricate finances within your business, but it can also help save additional funds by not having to pay salaries, benefits, provide office space, computers or expensive software. Not to mention, since outsourced accounting firms are being used every day by businesses of all sizes, they are required to stay well abreast of any changes in local financial law.
When an in-house certified accountant in Nanaimo is not viable for your company, turn to Controllership Focus Online for alternative services.
