Are you frustrated with your accountant's work or don't understand what they're doing? Worry no more! Today's podcast episode is here to help you find an incredible accountant who can take your business to new heights! Our hosts, Adam Spencer and Brian Santos break down the differences between accrual and cash accounting and give an eye-opening example of how poor communication with your accountant can harm your cash flow.  They emphasize the importance of establishing a strong relationship with your accountant and keeping an open line of communication to avoid the unexpected. If you're uncertain about your accountant's abilities or are just starting and need guidance, our tradie hosts provide excellent advice on finding the right accountant for your business.  They even suggest specific questions to ensure your accountant has your best interests at heart! Remember, as a business owner, having confidence in your numbers is vital; having a fantastic accountant by your side can make all the difference.  So, if you want expert advice on managing your finances and finding the perfect accountant for your business, don't miss out on this episode! Trust us; it's worth a listen!   Discussion Points: 00:00 Welcome to Tradie Business School Podcast 04:52 Difference Between Cash-based Accounting and Accrual-based Accounting 07:29 Symptoms of Not Having a Good Relationship With Your Accountant 09:34 Treating Your Accountant as Part of Your Extended Team 11:38 The Significance of Following Up With Your Accountant 14:32 Why Accountants Should Start Thinking Outside of the Box 16:39 Examples of Questions to Ask Your Accountant 18:48 How to Know When It's Time to Change Your Accountant   Resources: Chat us at ​​[email protected] Visit the Tradie Business School website (https://tradiebusinessschool.com/) Join us on our FREE Facebook Group (https://www.facebook.com/groups/gamechangingtradies)  You can also connect with us on https://au.linkedin.com/company/the-game-changers. For more podcast episodes, visit our website at https://tradiebusinessschool.com/.  Subscribe to The Tradie Business School on  Apple Podcast: https://podcasts.apple.com/ph/podcast/tradie-business-school-podcast/id1544187908 Spotify: https://open.spotify.com/show/0k08gdcQypSXHcoYFpJ58A?si=qNZk1ul9QG-uI4PQ6ivcog  Thank you for tuning in!See omnystudio.com/listener for privacy information.

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