Welcome to Hafizi Associates!
How do you define accounting function? If you are sole owner or partners of an enterprise, these questions would turn into your mind. Especially when comes to the tedious part of accounting process, i.e. gathering, filing and processing the financial data into financial reporting forms which would enable entrepreneurs to indentify the current financial status and determine financial needs. Most entrepreneurs have very lack of knowledge in the very crucial part of the company. It would results in overspending, overstated of inventories, omission on the accounts, deficiencies, and loss or thief.
A proper process with sound knowledge and disciplines in managing the financial issues of the company would result with a positive value of the company. It is not only on the figure but comprehensive qualitative factors of the company’s affairs.