Importance of Accounting Consulting in Brazil

The objective of the accounting consulting is to support the maintenance and expansion of the company’s activities, serving as a powerful control and planning mechanism.

This mission unfolds on fronts such as financial management, tax planning and labor routines in Brazil.

In the most bureaucratic country in the world, at the conclusion of the World Bank itself, having the support of accounting professionals is a matter of categories for companies.

How accounting consulting can help deal with Brazilian taxation

According to data released by Fenacon (National Federation of Accounting Service Companies), associations spend almost two thousand hours and R $ 60 billion on tax bureaucracy alone, which places Brazil at the top of a worrying ranking.

Brazil has 63 taxes, 97 ancillary obligations and 3,790 rules in the tax spreadsheet alone, which explains the fear that entrepreneurs feel at the term “accounting”.

As an ally of the company’s financial health the accounting consulting takes care of all procedures with the tax authorities in a transparent manner, in addition to offering a faithful representation of the company’s equity situation.

Check out the main services that a good accounting consulting offers to your business

Tax and tax advice

Including drawing up a tax plan that adapts the company to a format that allows it to pay the lowest amount of taxes possible in a legal manner, in addition to filling out income tax forms and declarations, collecting taxes and issuing invoices.

Personnel department, Human Relations department and payroll

The accounting consultancy deals with the bureaucracy that involves dismissing and hiring employees, avoiding possible labor lawsuits. They also take care of employee registration and payroll – monthly, 13th, vacation, profit sharing, labor obligations, etc. Thus, it is essential that the harmony between the company’s HR and accounting advice is the best possible.

Financial management

Acting strategically, the accounting consultancy provides consultancy based on data, balance sheets, indices, analyzes and reports that identify accounting flaws and propose improvements that result in more productivity and greater profit.

Costs and pricing

When providing the service of accounting for all costs that the company has, the accounting advice can suggest ways to reduce them without affecting productivity. As an expert in the calculation of variable, fixed, direct and indirect costs, the consultancy is also able to assist the business owner in determining the best price to be charged for their products or services – a tailored pricing that can result in more profit.

Opening and legalization of companies

Based on the documentation provided by the entrepreneur, the accounting adviser is responsible for registering the company’s social contract, obtaining the business license and registering with municipal, state and federal agencies.

Accounting documents

Production of balance sheets and balance sheets, reports that show the company’s financial results and their variations within certain periods.

Varied procedures

The accounting consulting also takes care of processes such as contract changes, license renewals, mergers, acquisitions, billing statements, displaying a negative certificate and all types of transactions that need to be registered in offices and in Organs competent bodies.

Do you want to hire a trusted accounting consulting? Then, contact Gescon! We have the best accounting advice solutions for foreign companies that want to invest in Brazil! More information at gesconconsultoria.com.br