05 February 2012

 Accountant & Bookkeeper Blogs

Author: Harry Nicholson Created: 16 March 2008 13:36:44
The H Nicholsons Team's blog with various titbits related to bookkeeping and accounting for small business. H Nichsolsons is a fictitious practice of The Accountants Circle.

We've needed to go through the basic principles of double-entry bookkeeping with our developers recently. We thought this may also be helpful to others, especially when words like Debit and Credit sound scary!

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I couldn't help but add a quick blog entry after being absolutely surprised... or should that be shocked and disturbed, by a weekly small business ideas newsletter just received titled "How to Create Money..."

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Did you make New Year Resolutions?  Have you given them any thought since?

...

I don't.

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Culture is an interesting thing.  Culture can be difficult to change, but sometimes the culture of a business is best changed for the benefit of the business and those involved.

Business culture can cover a broad range of areas but we're going to focus on habits and values.  Working on these can greatly affect and improvea client's financial management.

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This is something I'm still often surprised at. As an accountant advising a client, wouldn't you often recommend introducing or improving processes, minimising costs, introducing quality control and all those other simple yet wonderful bits of advice that can be rattled off for most businesses?

So why is it so many of us don't consider this advice ourselves?

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Surprisingly, I hear many bookkeepers aren't sure what rate they should be charging, and many still under charge. What do you need to consider to get this right?

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In a few forums now I've seen bookkeepers and accountants ask about where to advertise their services... if the local newspaper is any good, or a flyer drop to businesses.

One thing I've not seen asked much is how to advertise their services!

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I often question whether clients are getting the most value from their accountants. Do they really know the value that accountants can provide to a business? I’ve seen many situations where clients are using their accountants simply to process their financial transactions and meet their statutory obligations.

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I know setting up or moving office can be tiring and there are the usual benefits of more space, meeting rooms, better location, professional image and so on.

But are there additional opportunities you might not be thinking about?

It would be great to benefit as much as possible and as quickly as possible from the move, so I've been thinking a little about what you could do.

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Slowly accountants are starting to take advantage of blogging. Let's take a look at how accountants can take advantage of blogs and what rewards there can be.

Blogs have been around for years, and people from all walks of life have been involved with blogging... but are accountants joining them?

Accountants have not been blogging as much as those in many other industries, but this number is increasing.  Oddly enough, a lot of the current...

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