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Meet Erin, a Homegrown Accounting Hero!

| breakwater1601 |

I would say I am not the typical accountant. I enjoy the numbers and accounting, but also enjoy spending hanging out with friends or going to a party. Some background – I am a mom of 3 boys and happily married. I live and grew up in Northern Wilmington Delaware. I have my bachelor’s and master s in accounting. Before I joined Breakwater in September of 2020, I was in the tax world for 16 years.

My favorite part of Breakwater are the people (love that we are women run) and the variety of clients I get to work on.

I think the best memory was our first all staff retreat to Mexico. I was so much fun hanging out with my co-workers outside the realm of working.

Frequently Asked Questions

How do I know if my business needs outsourced accounting services?

Many growing businesses choose outsourced accounting when financial tasks like bookkeeping, reporting, and payroll begin taking too much time internally. Working with a firm such as Breakwater Accounting + Advisory can help companies maintain accurate financial records and focus on growth.

What are the benefits of outsourced accounting for small businesses?

Outsourced accounting allows businesses to access experienced financial professionals without hiring a full in-house team. This can improve reporting accuracy, reduce administrative work, and provide better financial insights.

What financial reports should business owners review every month?

Most businesses should regularly review their profit and loss statement, balance sheet, and cash flow report to understand their financial health and make informed decisions.

What are the signs that a company’s bookkeeping system needs improvement?

Common signs include disorganized financial records, delayed reports, difficulty tracking expenses, and inconsistent financial data.

When should a business hire an accounting advisory firm?

Businesses often seek accounting advisory services when they are scaling, experiencing financial complexity, or needing better financial reporting and strategic insights.

How can outsourced accounting help businesses grow?

Outsourced accounting teams help businesses by improving financial visibility, identifying cost-saving opportunities, and providing strategic financial guidance.

What is the difference between bookkeeping and financial advisory services?

Bookkeeping focuses on recording financial transactions and maintaining accurate records, while financial advisory services provide strategic insights that help businesses plan for growth and manage financial risks

How can businesses improve financial visibility and reporting?

Businesses can improve financial visibility by implementing structured accounting processes, automating reporting tools, and working with experienced accounting professionals.

What challenges do growing businesses face with financial management?

Growing companies often struggle with managing cash flow, maintaining accurate records, producing timely financial reports, and scaling financial operations.

How can businesses streamline their accounting and financial processes?

Businesses can streamline financial processes by adopting cloud accounting tools, automating repetitive tasks, and working with accounting experts who manage reporting and financial operations efficiently.