After bookkeepers record the financial transactions accountants are responsible for
– ensuring transactions are classified and recorded according to certain accounting standards,
– analyzing and interpreting the financial information and reporting that information to the organization’s management team, and
– establishing processes and procedures to ensure an organization has good “internal controls” to prevent theft, fraud, and errors.
Most businesses wait until the end of the year for their accountant to make the corrections. Why wait until then? You can’t make informed business decisions with bad information, so on either a monthly or quarterly basis I will go through your books and look for transactions that need to be corrected or adjusted and fix them, so you have good information throughout the year.
Reconciling Bank and Credit Card Accounts – Ever find a duplicate check or deposit in your books months down the road? Reconciling ensures that never happens and is the best way to have accurate information in your books. I will reconcile your bank and credit card accounts on either a monthly or quarterly basis.