Moroccan law does not require a business manager to use an accountant to keep your accounts. Despite this, it is strongly recommended for a structure to entrust its accounting to an accountant.

The main reasons to call on an accountant

1.Accounting management is a profession. To take care of it you have to allocate time. However, for managers, this will inevitably lead to a drop in your activity. In addition, keeping up-to-date accounts is not a simple task, you must not make mistakes or be late because you expose yourself to penalties and fines.

2. The development of your activity and your structure (hiring an employee, , choosing the right legal form,, choosing the right management tools) is a source of many questions. An accountant will be best able to support and advise you at each of these stages.

Another solution that could be mentioned would be to recruit an in-house accountant within your company. This solution has a disadvantage for small structures. In fact, this entails too high a cost to bear in terms of social charges. Not to mention the social responsibility that this implies.

What are the advantages of outsourcing your accounting to an accountant?

First of all, serenity. Chartered accountants are part of an Order (Order of Chartered Accountants) to ensure the quality of their work. In addition to bookkeeping, they provide advice and expertise based on your company's accounts. These tips will help your company in its development strategy on a daily basis.

In addition, as mentioned previously, bookkeeping requires time and skills. To give an example, tax and legal declarations are complex and follow a very specific process. You will be assured with an accountant that you are up to date and aware of each of your tax obligations. So, outsourcing will save you time that you can allocate to your core business.

Finally, with regard to accessibility to accounting documents, outsourcing follows a logic of digitalization where the business manager will have real-time access to accounting and financial information.

For larger structures, which already have an in-house employee accountant, you can call on a chartered accountant at the end of the year to carry out a review of your accounts and produce your balance sheet. You will therefore benefit from a double check by a person external to your company in order to verify that everything complies with the regulations.