HAVE YOU LOST YOUR ACCOUNTANT RECENTLY?

If you had answered "yes" take comfort that you are not alone.

Sadly this is a growing phenomena in our job market. People are choosey about who they work for and have no qualms about switching their jobs at a moment’s notice. If you have just lost your accountant you know how it feels. So there you are with a pile of documents and no way to make any sense of it. You advertise for a replacement but more often than not you get an inexperienced one because lets face it you are not going to match the big boys. So you let the newcomer settle into the job and start the laborious task of sorting  out your accounts. Before you know it she/he has also given up and gone on to greener pastures. That leaves you back to square one holding an even bigger pile of documents to catch up on. How is your business doing? Can you be sure without seeing the accounts?  You call up your debtors for payment and you get a tongue lashing because they say they have already paid but you had no way of knowing without an updated debtors listing to base on.  Without accurate accounts you are operating blind. Does this scenario look familiar?

I understand the situation perfectly. It boils down to cost. Maybe your operations are not big enough to justify a full time accountant. You may just need someone to do up your accounts once a month instead of having someone in your office drinking your coffee and eating your biscuits. Even if you are willing to pay for a full time accountant there is no guarantee you will be able to retain them. Ask a headhunter what is the situation like for accountants and this is his take. Employers are not willing to pay for good accountants and many are seeking positions overseas. RM2,000 to RM3,000 per month starting pay? That’s like frozen since the 1990s.

So whats the solution?  Just get hold of me at sktangco@gmail.com