Accountants: Stop Doing It!

Stop SignI’m proud to announce that one of my recent articles has appeared on the Intuit Accountants News Central blog, where I talk about why I don’t believe accountants should dabble in bookkeeping. I discuss the difference in services offered by both, and why it’s not wise to attempt a jack-of-all-trades approach in this industry.
Here’s a preview:
The skill set of a good bookkeeper is very different from that of an accountant. The value each of them provides is also fundamentally different. Your bookkeeper should care whether every single credit card receipt was entered from your credit card statement. Your accountant? Not so much. Your bookkeeper should ensure your bank reconciliation balances to the penny, without having to hit that dreaded “Reconciliation discrepancies” account. Your accountant? Not so much.
Interested? Check out the fully entry here (edit: this offsite resource is no longer available)
What do you think? Do you have the same individual or business for both your accounting and bookkeeping needs? Or do you agree they should stay separate? Your thoughts are always welcome, so let us know!

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Juliet Aurora

Juliet Aurora is the CEO of AIS Solutions and Co-Founder of Kninja Knetwork. Through both of these businesses she fulfills her mission to Educate and Empower those around her. In 2017, her firm was named Intuit's Global Firm of the Future, the first time the title has ever been awarded to any firm outside of the US. She has also has been named as one of the Top 50 Women in Accounting, one of the Top 50 Cloud Accountants and one of the Top 10 Canadian Influencers in the Bookkeeping Industry. Her passion for education is channeled through the Intuit Trainer Writer Network, hosting Kninja Knowledge Webinars and most recently, developing a Cloud Accounting Course for the next generation of accounting professionals.


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