If you run a business, then you probably juggle a lot of responsibilities. If you have too much on your plate, though, and bookkeeping or accounting isn’t really your forte, then you probably have a bookkeeper. If you do, then you want to pay for a review service in Orange County annually.
Here’s why it’s a good idea.
Double check the books
When you hire a review service in Orange County, you can count on pros to look over your accounts and check for discrepancies, the Business News Daily says. It doesn’t mean that you don’t trust your accountant. But it’s good practice to have a third-party accountant come in and check out your accounts. With a review firm, you have someone to reassure you that everything is in order.
There have been many reports of employees stealing from companies. You don’t want to deal with that problem. One way to discourage that is to always have someone come in to check in the books. If employees know that your records are regularly checked and monitored, then that’s going to go a long way to keep them from engaging in any dishonest practices.
Look for discrepancies
The best thing about hiring a CPA to review your accounts is that certified accountants are experts in tax issues. They know what to look for if they want to check for any discrepancies. They go over every detail to make sure everything matches up.
If there are any errors in your records or if there are any deductions your bookkeeper may have overlooked, then no worries. Your accountant will surely find these out and fix them. By the time the review service is done, you’ll know if your records are in tip-top shape, if there were any problems and if you can trust your bookkeeper or not.