Why It Makes (Dollars and) Sense to Hire an Accountant to Do More Than Just Prepare Your Tax Return (continued from yesterday)

By Gary Krupa, CPA


A second reason that many small organizations don’t realize their potential is that many owners and directors of these organizations make business decisions based on subjective motivating factors such as emotion, politics, fear or personal enrichment at the expense of the organization. Failure to prepare and maintain a budget, as explained above, is one example. This is where an accountant can be an important ally. The accountant’s objectivity and sang-froid (composure) can help the organization set or maintain a sound financial course.

The economy of the Verde Valley in Arizona, where I have my practice, is made up of several large companies and many small mom-and-pop-type companies. For the small companies, there’s a serious need for more financial wisdom and sophistication, so that they’ll find it easier to become big companies. The big companies usually have entire accounting staffs. Yet even they sometimes need help from an outside specialist.

Tomorrow's entry: the cost of hiring a good accountant, and why it's well worth it.


Gary Krupa is a CPA in New York and Arizona, with more than twenty-five years experience providing accounting, tax, audit and computer services to small and medium-size organizations. He’s especially attentive to the needs of his clients. He moved to Rimrock, Arizona in late May 2008. He has offices in Rimrock and Peoria, AZ. His e-mail address is gkcpa@q.com.
Read more about Gary Krupa's accounting service by following this link:

The Right CPA, to Help You Win at Monopoly and Business