The Importance of Working with a CPA-Owned and Operated Managerial Accounting Firm
As a small business, it can be difficult to recognize when the time is right to outsource your accounting. You may be worried that handing off the responsibility to someone else will cost your company a fortune or that the investment won’t be worth your while.
It’s important to recognize that accurate and timely accounting is crucial to keeping your business up and running. If you are currently struggling to execute your bookkeeping and other areas of your finances, it’s probably time to consider an alternative solution. Think about the number of hours you spend keeping an eye on your business expenses. Now, imagine how much more valuable that time would be if put toward other areas of your business. You would finally be able to focus on your organization’s core purpose.
How you ask? The first step is working with a CPA-owned and operated managerial accounting firm. Here are three reasons why:
CPA-Owned
Unlike traditional bookkeepers or accountants, Certified Public Accountants (CPAs) are experts in their field who have met state qualifications and an additional level of credibility. To become a CPA, you must pass the rigorous Uniform Certified Public Accountant Examination and abide by a strict code of ethics.
While accountants do the routine work, CPAs are responsible for analyzing the work and helping you make more high-level business and tax decisions. Working with a CPA-owned accounting firm gives your business greater flexibility.
More Than Just Bookkeeping
Bookkeepers are great when it comes to tracking the operational revenue and expenses. However, hiring a full-time bookkeeper within your organization can be quite costly and unfortunately, they can’t supply your growing business with managerial accounting.
Managerial accounting is the process of identifying, analyzing, interpreting, and communicating information to help businesses make decisions that are financially sound. This in turn can help owners achieve their business goals moving forward.
Monthly Retainer
You need a solution that is less expensive than what a CPA charges, but more sophisticated than what a bookkeeper could supply. You need accounting strategy, structure, tools, and automation. You need the talent to help you develop best practices in accounting and manage the process, but not the cost of a full-time equivalent.
APTUS supplies accounting advisory services to more than 20 clients across the United States. They complete their work inside a budgetable, flat retainer and work with each client to build quality accounting systems, automate their transactions, manage their administrative needs, complete payroll, reconcile their accounts, run month-end reports, build dashboards, and advise them on course corrections, if needed.
About APTUS
APTUS is a full-service financial and managerial accounting practice. We supply the talent, technology, tools, and processes that deliver on-time, quality reporting, and advisory services. Our solution is designed to give organizations better financial information, in a performance management system that enables them to make faster, fact-based decisions.
Imagine aligning more of your efforts on that which your customers value. That is the APTUS value proposition: our advisory bookkeeping, payroll, back office, and CXO services give you the confidence and the time to improve organizational performance.
