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Having good
communication between the owner and his/her accountant is one of the biggest factors
behind the success of a business. It is also a one good reason why business
opportunities in UAE are thriving. The country has a high standard of living as
a result of their high per capita income and successful diversification of
commercial efforts. You may want to see here
the United Arab Emirates Economic Statistics and Indicators.
If you are an individual who also
wants to effectively manage your own business, you would surely love to know
what characteristics
effective accountants in UAE possess and why communication is an important
factor of a successful business. And you would want one on your team. It is the
accountants that function as the bridge between the business owner and the
financial capability (and incapability) of the business.
Accountants
in UAE, for example, are not just good in recording every single detail
of information on their journals and ledgers; they are also able to explain what they had understood.
The following
are key points on finding a good accountant for your dream business.
1. An
effective listener and is client-focused. A good accountant listens to
his/her client’s query. He is capable of building good communication by
listening to his/her client’s clarification and description about the business.
When he/she is on a meeting, he/she pays attention to his client. His thoughts
are not flying and as a result, he is able to give his client clear solutions.
2. Adheres
to facts and accountable. He/she attends to questions and clarifications
based on facts, facts, and only facts. Since, an accountant is responsible for
the financial matters, he/she provides clear financial statements of the
business. He/she is liable to recording, summarizing and analyzing any
financial information.
3. Provides
proper feedback and pays attention to every single detail. Recording data
may be a repeatedly tiring task, however, a good accountant does not jump on
some data. He/she makes sure he/she has double-checked each detail and guarantees
an appropriate opinion. He/she gives enough time and effort in formulating
possible solutions.
4. Can easily
express thoughts and ideas as well as understands the information system.
Accounting is not just about numbers and a good accountant understands it not
only by mind, but by heart. It is an information system referring to the
process of summarizing, analyzing and reporting business transactions, whereas,
he/she is capable of conveying what he/she understands to his/her clients. He/she
can easily explain numbers and financial matters to his/her client.
5. Has the
empathy of the client and knows the word “confidentiality”. A good
accountant is trustworthy. He/she holds confidential information about his/her
client’s business; therefore it is a must that he/she knows how to keep
confidential information. He/she has the responsiveness of his/her client
whenever needed. They both understand each other and share the same
understanding and vision about the business itself.
In parallel to
the characteristics of an effective communicator, a good accountant also is
able to freely express his/her ideas regarding his/her client’s business. As a
result, having a good communication between them, a higher possibility of
successful business ventures may come in.
For accountants in Dubai, visit http://embassy-fs.com/.