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THAT BUSINESS
OWNERS MAKE
WITH ACCOUNTING
7 COMMON ERRORS
TODAY WE ARE GOING TO TELL YOU ABOUT THE
VARIOUS MISTAKES MADE BY BUSINESS
MANAGEMENT
WITH BUSINESS ACCOUNTING ACTIVITIES
MOST COMMON
ERROR
1
MANUALLY FEEDING ACCOUNTING INFORMATION
INTO A SYSTEM THAT MAY BE INCORRECT…
2
EXTREMELY RISKY
MISTAKE
SAVING CORPORATE DATA WITHIN PERSONAL
DEVICES THAT MIGHT LEAD TO DATA BREACH,
WHICH MAY BE EXTREMELY COSTLY FOR AN
ORGANIZATION
3
INSECURE
MISTAKE
WORKING WITH INSECURE NETWORKS THAT MAY
LEAD TO CYBER HACKERS ACCESSING YOUR
INFORMATION
4
FINANCIAL
MISTAKE
COMPROMISING WHEN CHOOSING OR HIRING
ACCOUNTING SERVICES FOR YOUR BUSINESS
BASED ON ONLY LOWEST PRICES
5
GENUINE
MISTAKE
USING THE PRECEDING YEARS DATA FOR
REDEFINING THE ASSETS FOR THE OPERATING
ACCOUNTING PERIOD
6
NEGLIGENT
MISTAKE
CLOSING THE ACCOUNTING RECORDS PRIOR TO
COLLECTING ALL REQUIRED INFORMATION
7
SILLY
MISTAKE
INCORRECT IMPLEMENTATION OF TAXATION
RULES DUE TO UNINFORMED ABOUT THE
CHANGING TAX POLICIES
THINK ABOUT THESE VARIOUS POTENTIAL
ERRORS WHEN CHOOSING AN ACCOUNTANT FOR
YOU BUSINESS AND WHEN PREPARING YOUR
BOOKS AND RECORDS
THANKS FOR READING!
DERIVED FROM
WWW.EVANVITALE.ORG
EVCERTIFIED PUBLIC ACCOUNTANT

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