We talk a lot about the importance of having solid accounting processes and procedures in place to govern your bookkeeping and accounting. We discuss how bookkeepers, FM and CFOs can be strategically aligned to produce advanced insights into even the most complex accounting structures. But we don't often spend a lot of time on the downsides in the accounting department — partly because the topic is often pretty negative in the grand scheme of things. After all, the vast majority of our clients end up coming to us only after experiencing some of the worst problems in accounting and bookkeeping.
While there may be something to be said for experiencing "the bad" in order to fully appreciate "the good", we would always prefer our clients avoid hardship if possible! So we compiled that many varied reasons that clients have sought our services in the past so that you can learn from their previous mistakes and problems — and hopefully avoid them in your own business.