Managing your business finances shouldn’t feel like a burden. For many SMEs, hiring a full-time, in-house accountant is not only expensive—it’s often unnecessary. That’s why outsourcing your accounting makes smart business sense. With SG&CO, you gain access to experienced professionals who specialise in SME reporting, IFRS compliance, and strategic financial support—without the cost or complexity of an internal hire. Below, we answer some of the most common questions business owners have about outsourcing an accountant and how it benefits you.
FAQs: Why Your Business Should Outsource an Accountant
Why should I outsource an accountant instead of hiring in-house?
Outsourcing saves you money on salaries, benefits, and overhead costs while giving you access to experienced accountants who specialize in SME financial management, IFRS compliance, and reporting. You get expert financial support without the burden of maintaining an in-house team.
How can outsourcing an accountant help my business grow?
An outsourced accountant provides unbiased financial insights, helping you make informed decisions. With a perspective from outside your business, they can identify financial inefficiencies and growth opportunities that you might overlook.
Will outsourcing an accountant save me money?
Yes! You avoid the costs of hiring, training, and maintaining an in-house team while benefiting from accurate financial management, IFRS compliance, and optimized tax planning—all at a fraction of the cost.
Is outsourcing accounting services secure?
Absolutely. Reputable firms like SG&CO use secure systems and industry best practices to keep your financial data confidential and compliant with IFRS and regulatory standards.
How does an outsourced accountant improve financial accuracy?
Experienced accountants ensure error-free, audit-ready financial statements that comply with IFRS and tax regulations. This reduces financial risks, penalties, and costly mistakes.
Will an outsourced accountant help with tax compliance?
Yes! Your business, as a separate legal entity, has tax obligations that must be met. We handle tax planning, submission of financial statements, and filing to ensure full compliance with IFRS and tax laws.
Can an outsourced accountant work with my existing bookkeeper?
Definitely. At SG&CO, we collaborate with bookkeepers to turn financial records into IFRS-compliant financial statements, ensuring everything is structured correctly for tax filing and audits.
What if I need financial advice in addition to accounting services?
Outsourced accountants do more than crunch numbers. We provide financial insights, budgeting support, and IFRS-compliant strategic planning to help your business stay financially healthy and grow.
How involved will I need to be if I outsource my accounting?
We take care of the heavy lifting, including financial reporting, tax compliance, and IFRS submissions, but you’ll stay informed with regular reports and insights. You remain in control without the stress of handling everything yourself.
How do I get started with outsourcing my accounting?
It’s easy! Contact SG&CO, and we’ll discuss your needs, set up a plan, and ensure your finances are in expert hands—compliant, optimized, and ready for growth.
Outsourcing your accounting is one of the smartest decisions you can make for your SME. It reduces overheads, gives you access to financial expertise, and frees up your time to focus on what really matters—running and growing your business. With SG&CO, you get trusted professionals who ensure your financials are accurate, IFRS-compliant, and audit-ready.
Let us take care of your numbers, so you can take care of your business. Get in touch today and let’s get started.
Accounting Services
We provide tailored accounting services designed to propel small and medium-sized enterprises towards sustainable growth and compliance confidence.