Are accountants cost centers ???

others 491 views 4 replies

Well Friends I m into the industry for more than 5 years . I have been associated with few organisations  What I feel and whatever feedback I have received from the my friends is that Accountants, Tax consultants are cost centres They are more of an enabling unit ie compliance department. They do not contribute towards growth of the company neither are revenue generators nor are important pillar of the  company . They merely add to the cost of the Company . hence  they are not entitled to high increments, bonuses etc.

In terms of value creation to the company they always fall behind the marketing, sales, HR , IT , operation  and other teams . 

Just want to Know  in reality are we cost centres ?????

 

Replies (4)

Dear Mr. Vishal,

 

Your Friends are totaly wrong on this point that Accounts Professional are not contributed towards the success of a Business Organisation.

 

Without Accounts/Tax/Audit Professional a Business Organisation could't run or oparate Corporate Transaction in the present complexbilty of Governemnt Acts and Rules.

All the day to day activity of the Business Organisation are reconcile by Accounts Professional.

Without Accounts Professionals Business or Industries can't come in existence, all the formalities for Creat a Company are done or advice by Accounts/Tax Consulatnts or Professionals.

 

In the present Many Companies or Organisation are recruiting Accounts Professionals on high pay.

Vishal is of the view that accountants are just support staff  vikash answer is against it.yes of course only the Hot Guns Namely the Key personnel in accounts are only considered as value creators in organisation  the value creation can be massive cost cutting and Revamping the operational  and other expenditures to conclude yes we are cost centres 

agree with above reply            

Koi kuch bhi kahe. . . . Finally profit to accountant hi fix karata hai. . . . . . . . .


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