Merits of Outsourcing Your Accounting and Book Keeping Services

“I have never regretted the day I decided to outsource my company’s accounting and tax to a qualified Certified Public Accountan”

“A book keeper may be cheaper but a CPA will be worth the while in the long run. My CPA, apart from keeping the accounts had also been able to advise on areas such as CPF changes, simple tax matters as part of client management. An unqualified book keeper will not be able to do this”

Ms Hsieh, business owner and employer

Now, back to the merits of outsourcing:

1. Lower staff costs I have lowered my expenses by not having to pay costs associated to a full time employee i.e. CPF, annual leave, office space, medical costs, insurance etc. Basically, it could amount to a savings of almost 30% of personnel costs if I had employed a full time accountant! I believe the savings could be easily more than 30% these days with the spiraling costs of office space and inflation.

2. No problems in finding an accountant now No more problems in recruitment and retraining of accounting staff anymore. No more worries about being at mercy of any one single person in the office. No more salary blackmailing.

3. Focus is now on sales Sales is the single most important part of any business. No sales means no profits, in short. Therefore, with the headache of worrying over an accountant, more time is spent now on developing new sales.

4. Quality accounting services from qualified CPAs at an affordable price There is no doubt that a qualified CPA overseeing your accounts would result in better quality reports and accuracy/completeness of your financial statements. Ultimately, a normal unqualified accounts assistants will not be able to do the job properly.

Qualified CPAs need not be found only at the Big 4 accounting firms. We are here to serve all your accounting needs.

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