In the scope of responsibilities, there is a very interesting issue called by experts and by the Law “solidarity”.
Joint liability means that those accounting obligations that we saw in the previous item on civil, criminal and tax liability are extended to the entrepreneur since the essential data and information for carrying out any and all accounting practices are part of it.
Thus, the entrepreneur is responsible for transmitting to the accountant the information regarding his business.
All those facts that changed the financial or equity situation of your organization must be informed to the accountant through specific documents, such as invoices, bank statements, pay slips, vouchers etc.
Why Shouldn’t I Hide The Counter Data?
It is very common to find entrepreneurs who try to “cheat” their own accountant, failing to present certain documents proving income. This practice is known as document evasion.
We know that there are many professionals who are aware of their responsibilities and who always look after their clients’ revenues, as they are the main factor that constitutes the basis for calculating a company’s taxes.
The businessman who practices document withholding is not only deceiving his accountant, but mainly himself. The consequences of this practice are quite serious and may, in the long run, be the reason for lawsuits in the civil and criminal areas.
Hiding data from your accountant can be compared to a marriage where the husband has many secrets and doesn’t tell his wife. Certainly, the relationship will be destabilized, and after a while, there may be a separation.
Is Accounting A Mandatory Service?
Every company, necessarily, must hire the services of an accountant or an accounting consultancy . Contrary to what many people imagine, even the MEI (Individual Micro entrepreneur) needs accounting in order not to be taxed.
What makes this service a requirement in every organization is related to the statements that are sent to the inspection bodies. They are bonds that must be issued and sent upon signature of an accountant duly registered with your class council.
It is impossible to comply with these requirements without an accounting professional. Not only because of the technical complexity that some of these obligations have, but also because of the need for signature they require.