A accounting
aims to provide reliable information on the economic and financial reality of a company, in order to facilitate financial, strategic and investment decisions. Users of this information are not limited to owners only, but a heterogeneous group of users interested in knowing such information, such as suppliers, customers, employees, financial institutions, public administrations, etc.
In current times of great economic uncertainty, it is especially important to have a accounting reliable, which allows entrepreneurs, together with other tools and variables, to make the most appropriate decisions to take the best advantage of the adverse situation.
First, the accounting, as an information tool for decision-making, allows assessing the impact that the crisis will have on business, characterized by a high degree of uncertainty that makes knowledge difficult. It will allow estimating this impact in different scenarios, from the most to the least adverse, which, together with the analysis of other information and the professional's experience, can help in the continuity of the company.
A accounting it can also be essential to prove loss of profit as a result of business closure or a drastic reduction in activities. The pandemic is an extraordinary phenomenon and it is not known whether the insurance taken out can cover the losses suffered by the cessation or collapse of the activity. That is why it is worth reviewing the insurance policies, because if there is an understanding that the loss of profits can be covered by the policy, it will be necessary to prove it by means of an expert report, which will be based on the accounting.
It is also very important to emphasize compliance with the tax obligations that fall on companies, regardless of the sector in which they operate. keep a accounting adjusted to regulations and laws is essential and at the same time protects them from a possible fine by tax inspection bodies.
Get in touch with TATICCA – ALLINIAL GLOBAL, which operates throughout Brazil and globally, with integrated auditing, accounting, tax, corporate finance, technology, risk advisory, business consulting and training. PFor more information, visit www.taticca.com.br or e-mail taticca@taticca.com.br and learn more. Our company has professionals with extensive experience in the market and has certified methodologies for carrying out activities.