Accounting, traditionally seen as a financial recording and control system, has evolved to become a vital strategic tool for the growth and sustainability of companies. The information provided by accountants is now essential for decision-making in daily business.
Fernando José, an accountant and leader of the accounting area at Agilize, the first online accounting firm in Brazil, highlights the importance of detailed and accurate financial reports. “With these reports, managers can make informed decisions, plan for the future, and identify opportunities for improvement and expansion,” explains Fernando. He emphasizes that modern accounting goes beyond legal compliance, providing guidance on the best tax regime and practices to minimize the tax burden legally.
For entrepreneurs seeking success, recognizing the importance of accounting is crucial. By thoroughly analyzing finances, accountants identify areas for cost savings and suggest strategies to increase profitability. “Accounting data reflects the day-to-day operations of the company. All economic or financial movements are processed and analyzed, becoming a strong ally in decision-making,” says Fernando. He exemplifies this with an analysis of the Income Statement, which allows partners to identify costs that reduce profit margins and take measures to reduce them.
Fernando also highlights the advantages of online accounting, which uses technology to handle data more efficiently and quickly. However, he points out that, despite automation, data analysis is carried out by accounting experts. “The issuing of tax invoices, for example, is automated at Agilize, eliminating the need for manual filling and reducing errors. Tax invoices are stored electronically, making it easier to retrieve and manage them, and ensuring compliance with tax requirements,” he explains.
The accountant should be seen as a strategic partner for small businesses, helping to avoid fines and penalties, and providing accurate financial analysis that offers valuable insights for investment and expansion decisions. In this way, accounting significantly contributes to the sustainable growth of businesses.
