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Accountants As Trusted Advisors, Not Messengers

  • Writer: Arnold Shields
    Arnold Shields
  • Jul 4, 2019
  • 2 min read

Updated: May 21

Accountants should be treated as trusted advisors

In today’s rapidly advancing business landscape, the traditional role of the accountant is no longer enough. Gone are the days when accountants merely lodged tax returns, sent off Business Activity Statements (BAS), and relayed messages between the ATO and the client.


With the rise of cloud-based accounting systems and real-time business analytics, businesses now have more tools than ever at their disposal. The accountant must evolve – from being a compliance-based messenger to a proactive, strategic partner in your business journey.


Technology Has Changed the Game

Thanks to cloud accounting platforms like Xero, MYOB and QuickBooks, business owners have immediate access to their financial data. This transparency enables faster decisions – but it also requires professional interpretation and strategic advice. That’s where your accountant steps in, not as a form-filler, but as your trusted advisor.


The Wrong Time to Call an Accountant? Too Late.

All too often, businesses seek help from their accountant only after a problem has spiralled out of control – when cashflow has dried up, debts are mounting, or profitability has collapsed. By that point, options are limited.


The better approach? Seek guidance early. An experienced accountant can detect red flags before they become crises, implement cost-saving systems, and suggest improvements to processes and profitability. Early advice leads to faster solutions and fewer sleepless nights.


Strategic Insight, Not Just Compliance

“Cut costs, increase revenue” may be a textbook response to financial struggles – but it’s hardly actionable without deeper analysis. A trusted advisor will instead say:

  • “Let’s identify inefficiencies.”

  • “What are your most and least profitable services?”

  • “Where can automation save you time and money?”

This level of support comes from experience – and accountants see businesses in every industry and stage. They know what works, and more importantly, what doesn’t.


Management Reports Aren’t Just Paperwork

Many business owners dismiss financial reporting and strategic meetings as just another expense. But when used correctly, these tools can highlight untapped opportunities, protect your cashflow, and drive growth. Management reports, forecasting, and advisory sessions shouldn’t be seen as optional extras – they’re essential tools for success.


Why Choose Dolman Bateman as Your Trusted Advisor?

At Dolman Bateman, we go beyond numbers. We understand the challenges Australian businesses face – whether you’re a startup, a growing enterprise, or a seasoned operation looking to pivot.

If you’re tired of reactive advice and want proactive, tailored support, now is the time to partner with an advisor who sees your success as their mission.

Reach out to Dolman Bateman today – and make the shift from reactive compliance to strategic growth.




Disclaimer:

The information provided in this article is general in nature and does not constitute personal financial, legal or tax advice. While every effort has been made to ensure the accuracy of this content at the time of publication, tax laws and regulations may change, and individual circumstances vary. Dolman Bateman accepts no responsibility or liability for any loss or damage incurred as a result of acting on or relying upon any of the information contained herein. You should seek professional advice tailored to your specific situation before making any financial or tax decision.

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