Dear @ojerinde

Interesting choice of topic buddy. Solid read. Have you ever worked as an accountant?

Accounting is a must in businesses either you love it or not.

Indeed. One need to trully like numbers to be succesful with this part of running any business. Planning and budgeting is a must - however my impression is that most business owners are very week at those fields.

Hiring an accountant
You can’t do everything yourself, you might find accounting boring but it is necessary to keep your business alive.

Where I come from (central europe) everyone is hiring an accountant. Even small businesses prefer to outsource it. Knowing how to do taxes and doing it right may be just to difficult for most of us.

The basic reason to employ an accountant is to keep track of a business

And again - where I live main reason is to protect ourselfs and our businesses from tax office. Last thing you want is to get in trouble with them. If you use accounting services, then such a company is taking legal responsibility for all potential mistakes.

Upvoted already,
Yours, Piotr