Most of us have a general idea of what we think accounting is that revolves around punching numbers into a calculator and plugging away at spreadsheets all day.
But accounting goes far beyond crunching numbers. Financial accounting is the process of recording your transactions and ensuring that data is accurate and compliant, combining it into reports, and analyzing the numbers for your company.
Accounting is an extension of bookkeeping, focusing more on everyday data entry. An accountant takes your financial data to the next level. When you have an accountant taking on these more complex tasks, you can take a deeper look at the financial health of your business and make more informed decisions.