Return to site

Dutch Tax and Accounting | Facts and Trends

· Company Services,Business Development,Trends

In this blog, we want to give you a deeper understanding of what accounting is and the trends in the accounting arena. We'll start with this blog, which contains some interesting facts about accounting, which is the most common accounting error for entrepreneurs and continues to use some accounting trends.

A

  • The inventor of Bubble Gum was an accountant
  • There are over 2000 FBI Agents trained as accountants. They were also the ones to bring down Al Capone!
  • There are quite many famous people that studied accounting. Some of them are:
  1. Mick Jagger
  2. The Co-Founder of NIKE
  3. Janet Jackson
  4. John Grisham
  5. Eddie Izzard
  • The first person to register his name was an accountant!

The most common accounting error

Although people often misunderstand what accounting is and what an accountant does, many mistakes can be avoided by hiring a CPA. In particular, if you are a small business and have no skills or people to effectively keep your account in order. The most common mistakes include:

  • Calculations and mathematical errors, this can become very expensive!
  • Mastering the large amount of paperwork that comes with accounting means that it will reach the deadline on the deadline, and they always say "more rush, faster" is more efficient!
  • Not (exactly) know what you are doing, so miss out on benefits and economic benefits.
  • Accountants will keep abreast of new regulations, tax incentives and other very important laws. This is what they do - every day. You may not have time to track this yourself.

Read more about Reasons for Bookkeeping

Accounting Trends

Big data and IT

This will help accountants bring more added value by supporting their support data recommendations. They may even upgrade their services through strategic business advice.

The future is now

This will ensure that accountants have more time to provide advice, analysis and customer support as data entry may be taken over by software or automation.

Embrace the cloud

This trend is growing, which means your accountant can access your financial data anytime, anywhere.

Blockchain is the next big thing!

There are many theories that blockchains can be used not only by cryptocurrencies, but also by f.e. accountants to speed up the process of compliance, auditing and reconciliation. It can even be used more accurately, safely and more transparently.

Do you need help for Netherlands Company Formation or would you like more information? Contact or book a meeting!

All Posts
×

Almost done…

We just sent you an email. Please click the link in the email to confirm your subscription!

OK