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Importance of accountancy
Importance of accountants to our society
Importance of accountants to our society
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Introduction
Many people share the belief that accountants, both external and internal are only used for companies or businesses but they also provide services to individuals. Accountants are perhaps the best tools a person can go to for aid in their finances. Accountants assist in a person’s use of money, giving advice, preparing tax information and overall handling a person’s accounts. There are several benefits in hiring an accountant to assist in one’s personal finances. Though people are able to file their taxes on their taxes on their own, they aren’t necessarily going to get the outmost refund or pay less than they could. Even more, tax laws change on a consistent basis and most people aren’t as in touch with tax laws than accountants. Having a CPA file your taxes ensures that you are not breaking any tax law and you are receiving the optimal refund. Next, an accountant has the ability to help you improve your overall financial situation. An account can advise you on ways to save your money, ways to increase your credit score, educate you the financial world and even more, be honest about your financial situation without sugar coating anything. Many people think that accountants are far too expense to hire but an accountant is a form of investment. You are going to receive far more in the long run from the use of an accountant that the price you pay for an accountant you pay in the short run.
Filing Taxes (Body)
The most common reason people consider hiring an accountant is because of the assistance they can receive in filing their taxes. Accountants are in fact the most knowledgeable source for taxes. Hiring an accountant for your taxes increases your chances of getting the largest refund or payi...
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...an guide an individual down the best financial path. They help one save money, file accurate taxes with the optimal refund, advise and aid in budget planning, forecast and lastly, ensure that you or your business is completely accurate and valid with all that they report. It is crucial that everyone consider the advantages and benefits one can receive from hiring an accountant.
Works Cited
I. Desfosse, Rebecca. "5 Reasons You Should Hire an Accountant." Angieslist. N.p., n.d. Web. 12 May 2014
II. Gran, Ben. "Why Hiring an Accountant Is One of the Best Things to Do for Your Business." Corpnet The Startup Starting Line. N.p., n.d. Web. 12 May 2014
III. Peden, Chris. "What Do Accountants Do? (Besides Taxes)." The Bottom Line. N.p., n.d. Web. 12 May 2014
IV. Ib. "Wahm Articles." 5 Reasons to Hire a Small Business Accountant. N.p., n.d. Web. 12 May 2014`
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