Accountancy

Accountancy is a broad field. The main goal of accountants is to support and relieve their clients by preparing financial reports, identifying financial risks, keeping the accounts, and providing, among other things, tax advice, legal advice, or investment advice. They stay up to date with the latest legal standards and regulations to ensure your business is always in compliance.

Call on the help of a qualified accountant when you need financial expertise to support the growth of your business and to ensure compliance with all financial rules and legal regulations. This gives you, as an entrepreneur, more time to focus on your core business and spend less time on administration.

In principle, working with an accountant is valuable for every business. As accountants, we are here to relieve entrepreneurs like you. We ensure your financial stability, compliance with ever-changing legislation, and growth. And yes, even the ‘smaller’ sole proprietorships and single-person companies benefit from this.

A bookkeeper mainly deals with recording financial data and transactions, while an accountant plays a broader role by analyzing financial statements, providing tax advice, and developing financial strategies. However, the terms ‘bookkeeper’ and ‘accountant’ are increasingly used interchangeably today. The title accountant may only be used by bookkeepers who have passed strict exams and obtained their certificate from the ITAA (Institute for Tax Advisors and Accountants).

Does an accountant have a lot of experience in your industry? Then you can be sure to rely on a professional who understands and optimizes your business needs. At PIA Group, the third largest accountancy and advisory group in Belgium, you can count on an accountant who knows your sector inside and out. Additionally, the digital aspect should not be underestimated. If an accountant still does not work (at least partially) digitally today, that is usually not a good sign…

You prefer not to leave your professional success and financial security to chance. That’s why at PIA Group, you can count on personalized accountancy and business advice from local office holders who know you and your business inside out, supported by the expertise of the third largest accountancy and advisory group in Belgium. This way, we bring the best advice closer to you in every possible way.

We can assure you that all our PIA offices guarantee their reliability and expertise. So, in principle, verification is not necessary.

If you still want to check, you can find the names and contact details of all certified accountants registered in the public register of the Institute for Tax Advisors and Accountants (ITAA) on their website.

This mainly depends on your preferences as a client. Do you prefer communication to be mostly digital (e.g., via email, phone, video calls), or do you rather meet face-to-face with your accountant when discussing your business, taxes, or finances? Both options are always possible at our PIA offices.

There are also some fixed contact moments, such as the year-end closing. Additionally, we always schedule (online) meetings for matters like onboarding, tax optimization, and important changes in your business or your personal situation as an entrepreneur.

Every accountant is bound by strict ethical codes and compliance rules, ensuring confidentiality and the protection of your personal data. Additionally, the IT systems of PIA offices are highly secured to prevent hacking and cyberattacks.

An accountant can be valuable for your business to:

• monitor financial health;

• optimize tax obligations;

• develop a financial strategy.

An accountant provides valuable expertise, acts as a sparring partner for tax or financial matters, and contributes to the stability of your business.

In some cases, as an entrepreneur, you can do your own bookkeeping. However, this is not always the best choice. Business bookkeeping can quickly become very complex. And that’s not even considering the ever-changing legislation and legal uncertainties you face as an entrepreneur. A professional accountant has the expertise to manage this complexity. Furthermore, an accountant can also provide valuable advice that helps you achieve financial success more quickly or easily.

An accountant can help your business save money by, among other things:

• maximizing tax benefits

• identifying financial inefficiencies

• providing strategic advice to achieve financial goals

Businesses that do not work with a professional accountant sooner or later face financial errors, compliance issues, and missed tax benefits. This often leads to fines and unpleasant tax audits, which can harm the financial health and growth opportunities of the business.

An accountant can contribute to your business growth by optimizing financial strategies, promoting cost efficiency, and leveraging tax benefits, giving you more resources to achieve your financial goals and invest in growth.

Periodic financial reporting by an accountant provides insight into the financial health of your business. It enables you to recognize potential problems in time so you can intervene proactively. It also helps maintain financial stability and properly seize growth opportunities. From startup to liquidation, such financial reporting helps you make the right decisions for your business.

What seems like a cheap solution at first can quickly backfire. Unfortunately, there are bookkeepers who are not strict with deadlines, are overworked, don’t have time or make time, or simply lack skills. This can result in late or non-submission of tax returns, errors in the returns… which in turn can lead to fines that may amount to thousands of euros. Luckily, this doesn’t happen often.

A bookkeeper who submits everything correctly and on time and offers you personal, proactive tailored advice naturally comes with a price. But appropriate advice that, for example, helps you switch from a sole proprietorship to a company structure and reduces your taxes, can save you a lot of money.

Conclusion: cheap is rarely good, but expensive isn’t always better. Always choose quality, as it usually pays off most in the long run. Also, see working with an accountant not as a cost but as an investment.