Full accounting, chief accountant, accounting supervision.

Before considering the types of services listed above, let’s separately consider the prerequisites for the implementation of the mentioned services. All of the above services can be obtained from a certain group, which will be responsible for accounting and tax issues, as well as for submitting financial statements, arranging primary documents and preparing information for submission to third parties.

As with all other types of services, the responsibility here is huge. We do not avoid responsibility. It often happens that, there is no such distinction about who performs which duty and who bears which responsibility between the customer and the contractor. During the agreement, we should not miss these important issues. In case of different fields, we find different gaps. In particular, it should be clear what part of the operations in the production process are the responsibility of other employees and what the accountant(s) are responsible for. Where does the line of duty draw?

What should the customer and contractor pay attention to when receiving any kind of accounting service?

For example, companies that own inventories, construction or raw material processing companies, (goods) manufacturing companies often have mixed functions as to who should take control and who is responsible for the moderate consumption of material stocks. In the process of construction or production, the company that provides accounting services should conduct a test in connection with the above-mentioned issues, whether the process of production of supplies is running correctly, because only knowledge of construction norms is not enough to manage the situation. Responsibilities should be separated – in case of construction, the engineer should determine the regularity of spending supplies or labor resources, and in the case of production, the technologist should do the same.

As soon as the work starts, the accounting company or the accountant should conduct a test, whether the relevant employees are aware of the responsibility for the spending norms and whether the test is carried out by the customer himself. We need to make sure how complete, timely and systematic the testing is, also request test results and attend and observe periodically.

Let’s talk about companies that do not have inventories. Companies in different fields have different flaws. For example, in the field of service, it often happens that the start/end dates of customer service are inaccurate, or at least omitted. For companies dealing in perishable goods, the control of the shelf life of the goods remains unobserved. Above all, before the accountant or the accounting team starts work, he should make an inquiry and get a reasoned answer as to who is the person responsible for these matters. As a result of testing, it should be investigated whether the mentioned person fulfills his duty or not.

Responsibility for putting primary documents in order.

It is important that the primary documents are completely prepared, which means putting the documents in order with the customers, suppliers and employees of the company, exchanging information, both with the third party and with the management and founders of the company.

The primary documents should be located or stored in such a way that as little time as possible is lost in retrieving them and determining their contents. FSGROUP uses modern tools and programs to create such conditions.

Information exchange.

It is important to exchange information both within the company and employees, and with customers, suppliers, and third parties. FSGROUP takes responsibility to organize information exchange systems, make and implement changes to improve the company’s structure.

It is after a detailed discussion of the above-mentioned issues that we can judge how far it is possible for a group of accountants (accounting company) to take responsibility for these issues. If the above-mentioned issues are not taken into account by the company’s management, the accountant is obliged not only to warn and report about the expected undesirable results, but also to refuse to perform such work in some cases.