Making bookkeeping a true profession
It’d be nice to know the people doing your books (if not in-house) are credible, work to a recognised standard and you have some redress if something goes wrong.
In many countries such as Australia, bookkeeping is now recognised as a true profession. In New Zealand bookkeepers don’t have this status which is why we’re thrilled to hear about the newly established New Zealand Bookkeeping Association Inc (NZBAI) which represents suitably experienced and qualified bookkeepers. At Xero it’s important to be able to work with professional bodies as we develop Xero further and our customer pool widens.
One of the driving forces behind setting up NZBAI is Xero Partner and Trainer, Melanie Morris.
“With the shift in technology we aim to build the relationships between bookkeepers and accountants by providing collaboration on data and acting as interpreters between the client and accountant for the benefit of everyone.” Melanie Morris
Through NZBAI, bookkeepers can look forward to support across a broad range of issues including indemnity insurance. Education is also a strong focus and in time once standards are developed and approved, bookkeepers will be able to complete a certification process.
For small businesses that use bookkeeping services this will lead to better protection. Certification should make choosing a bookkeeper less hit and miss.