1.0Vital Statisticshttps://www.vitalstatistics.infoPaul watsonhttps://www.vitalstatistics.info/author/paul-watson/Why there is a Need of an Accountant’s Advice - Vital Statisticsrich600338<blockquote class="wp-embedded-content" data-secret="lLW3LQbjY6"><a href="https://www.vitalstatistics.info/why-there-is-a-need-of-an-accountants-advice/">Why there is a Need of an Accountant’s Advice</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.vitalstatistics.info/why-there-is-a-need-of-an-accountants-advice/embed/#?secret=lLW3LQbjY6" width="600" height="338" title="“Why there is a Need of an Accountant’s Advice” — Vital Statistics" data-secret="lLW3LQbjY6" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://www.vitalstatistics.info/wp-content/uploads/2021/05/Untitled.png900599Most of the entrepreneurs are unaware that the majority of startups collapse within the first 18 months. Bad financial reporting is usually one of the primary reasons. Despite these serious implications, many company owners manage their finances on their own. Although we shouldn’t conclude that these companies are worse off because they don’t have an accountant, we can’t overlook the depth of expertise and advice of an accountant could bring. Startups want the same level of care and commitment from a specialist as a settled company would ask for. Accountants are involved in more than just tax preparation. They will […]