Understanding Different Accounting Roles for Small Businesses

Financial Clarity

Hannah Smolinski, a Certified Public Accountant, is the Founder and CEO of Clara CFO Group. Operating on a virtual CFO model, this agency is dedicated to offering small businesses financial clarity along with strategies for profit maximization. Having worked for one of the largest accounting firms in the world, Hannah developed this service to make sure small businesses benefit from top-level financial advice.

In addition to running Clara CFO Group, Hannah has a YouTube channel with over 55,000 subscribers. On her channel, she shares practical advice on finance and valuable resources for businesses. Her goal is to help organizations understand their financial situation better and work towards commercial success.

In this episode…

Ever felt uncertain about the various accounting roles in your small business? Do you ask yourself when it's the right time to hire an accountant and what tasks they should handle?

According to Hannah Smolinski, understanding the differences between roles such as bookkeepers, financial accountants, controllers, and CFOs is key for small business owners. She emphasizes that recognizing these roles, knowing what they do, and understanding their impact can significantly influence your business's financial health and success.

In this episode of the Financial Clarity podcast, host Hannah Smolinski discusses the differences between the different accounting roles in a business and when you should hire one versus the other. She also gives a practical guide to working with tax preparers, Enrolled Agents (EAs), and CPAs. You’ll gain insights into hiring the right person for your unique accounting needs and clear up common misconceptions about CPA services.