Maybe you think it is already, but that is not exactly what I meant.
A good accounting process, coupled with good accounting talent should process transactions and produce information with only minor background noise. If this accounting process is front and center like a head banger band then something is dramatically wrong.
Too much effort for too little results, late and inaccurate information, needed information is not available, the accounting department has become a force of resistance instead of a supporting function of the company – these are all bad signs.
The root causes could be many. The good news is that there is a cure. A proper diagnosis and a plan for improvement generally gets accounting events back on track. Do not misunderstand that it will take a lot of effort but eventually much less than is currently being expended and the results will based on efficiency and effectiveness.
Contact our Westlake Village CPA office for a follow up discussion.