Title: Evan Vitale Financial Assistant
17 COMMON ERRORS
THAT BUSINESS OWNERS MAKE WITH ACCOUNTING
2TODAY WE ARE GOING TO TELL YOU ABOUT THE VARIOUS
MISTAKES MADE BY BUSINESS MANAGEMENT WITH
BUSINESS ACCOUNTING ACTIVITIES
3MOST COMMON ERROR
4MANUALLY FEEDING ACCOUNTING INFORMATION INTO A
SYSTEM THAT MAY BE INCORRECT
5COUNTDOWN
EXTREMELY RISKY MISTAKE
6SAVING CORPORATE DATA WITHIN PERSONAL DEVICES
THAT MIGHT LEAD TO DATA BREACH, WHICH MAY BE
EXTREMELY COSTLY FOR AN ORGANIZATION
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8WORKING WITH INSECURE NETWORKS THAT MAY LEAD TO
CYBER HACKERS ACCESSING YOUR INFORMATION
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10COMPROMISING WHEN CHOOSING OR HIRING ACCOUNTING
SERVICES FOR YOUR BUSINESS BASED ON ONLY LOWEST
PRICES
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12USING THE PRECEDING YEARS DATA FOR REDEFINING THE
ASSETS FOR THE OPERATING ACCOUNTING PERIOD
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14CLOSING THE ACCOUNTING RECORDS PRIOR TO
COLLECTING ALL REQUIRED INFORMATION
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16INCORRECT IMPLEMENTATION OF TAXATION RULES DUE TO
UNINFORMED ABOUT THE CHANGING TAX POLICIES
17THINK ABOUT THESE VARIOUS POTENTIAL ERRORS WHEN
CHOOSING AN ACCOUNTANT FOR YOU BUSINESS AND WHEN
PREPARING YOUR BOOKS AND RECORDS
18THANKS FOR READING!
CERTIFIED PUBLIC ACCOUNTANT
DERIVED FROM
WWW.EVANVITALE.ORG