Accounting, unlike the earlier time, has become as important as sales and marketing. Thanks to the professionals, like BeJO Solutions, who are continuously striving to develop new wings for accounting and finance function than mere debit credit process.
It came to be increasingly recognised thataccounting professionals render not only expert services instantly but also accumulate knowledge & experience in a formalized manner so that experience as accumulated can be utilized in deciphering the problems. The lessons from experience and rationale behind action result processes are stored in the form of knowledge for unfolding the situation as faced.
Accountants play a role not only for a history presentation in terms of debit and credit vouching and compilation thereof, but also to apply wisdom for unfolding the rationale behind the challenge- response processes. Proving management with a key for breaking the ice, called decision making in a combative world of competitors and substitutes.
Learning, Unlearning and Relearning is a continuous process.
This ideology ofhas to be applied now in accounting also. The ancient goals and advantages of accounting, which are being relayed till now has to be reformed. Accounting which was considered only as picture of past performance, can definitely offer guidance as to the bumps on the way and how to avoid them. The decision phenomena in which a senior manager engages himself relates to the future much more than the past. The new fact has to be accepted that the accountants could be of effective assistance to the decision makers.
Decision making in the world of turmoil has already been aptly cleaved and vivisected with reference to the sophisticated ways of analysing elements to be branded a science in itself, as it calls for a high degree of competence in measuring the depth of future riddled with knotty uncertainties.
The account outsourcing service sector targets and integrates the overall aims for the business as a whole by providing a way of rational approach in making the long term targets more realistic with the integration of self-correcting perspectives. It attempts to provide meaningful statements which can commendably aid management in decision making at a truncated cost.
At BeJOS, our team of bookkeepers and accountants effortlessly strive to rationalise the ideas exhibited in this blog. And thereby attempts to achieve value creation for management.
