While do-it-yourself accounting software is easy to use, it’s not the sole answer for business owners. Just as having Microsoft Word doesn’t make you a writer, having accounting software doesn’t make you an accountant. Software can only do what you tell it to do and a good accountant’s skills go far beyond crunching numbers. A good accountant can be your company’s financial partner for life, with intimate knowledge of everything from how you’re going to finance your next forklift to how you’re going to pay for your kid’s college education.

While many people think of accountants strictly as tax preparers, in reality, accountants have a wide knowledge base that can be an invaluable asset to a business.

Make Sure Your Accountant is a Chartered Accountant