An accounting firm (despacho contable) is a firm that specializes in the delivery of accounting services to you or any other prospective client. This in other words means that an accounting firm is a firm that was established to deliver services such as the auditing of the accounts of your firm, the payroll of your firm, the accounts payable and receivable of your firm, the taxes of your firm and at most times advisory services with regards to the accounts of your firm.
An accounting firm will always render their accounting services in such a professional way that will make you pleased to have hired them and this they can do most times better than an accountant that will be hired by your firm because the firm is mostly a firm with a team of professional accountants.
When do you really need to hire an accounting firm? This might be the question that might be running through your mind. You actually need to hire an accounting firm from the very first moment that you have had your company formed. This answer might come as a surprise to you but the truth of the whole matter is that you will need to hire an accounting firm as early as you can to enable you get all the right and proper financial advice that you need in the formation of your firm. There will always be issues that relate to your finance when you are establishing your firm and this is part of the services that are rendered by an accounting firm – advisory services relating to the accounts or finance of your firm.
Why do I really need to hire an accounting firm?
This is another question that you will want answered as the answer to this question will help you decide on whether you really need to hire the services of an accounting firm. These are some of the reasons why you will need to hire the services of an accounting firm:
1. The cost implication: there is the fact that you will be saving your firm some good money when you hire the services of an accounting firm instead of just hiring an accountant on a full time basis. You will be able to save your firm the cost of having to take care of the salary and some other benefits like the health allowance of a full time accountant in your firm.
2. Professionalism: the professional way in which an accounting firm will handle the accounts of your firm is yet another good reason why you need to hire them. The accounting firm is usually made up of a team of professional accountants that will help take care of the accounts of your firm as against just one accountant that you may decide to hire in your firm.
3. Time: it will save you the time spent in trying to balance the accounts of your firm even if you have the help of an accounting software. When the accounting (contabilidad)firm is taking care of the accounts for your firm, you will be able to concentrate in seeing to the smooth running of your firm. Hiring an accounting firm at the beginning of your company formation is the best for the financial aspect of your business. Hire an accounting firm now and see to the financial well being of your company.