Tuesday, 12 July 2016

John Haag - How a Financial Consultant Can Help Your Business

John Haag is a successful financial consultant based in San Francisco. Over the course of his career, which has spanned over two decades, he has helped countless organizations turn their financial struggles around and make a profit. He specializes in crisis and turnaround management, meaning that he focuses on businesses that need to change a negative situation. You may not think you need the help of a financial consultant, but working with one can really change the course of your business. Here are a few of the benefits of hiring a financial consultant.
  • - They bring an objective point of view to the table. It can be very difficult for you to see your own business for what it is, especially if you have struggled in the past or are extremely involved with all aspects of your organization’s day-to-day operations. A financial consultant can assess your business on many dimensions and give you new perspectives to consider. 
  • - They can help you plan for the future. Financial consultants are paid to know financial laws and regulations inside and out – it’s their job. They may be able to help save you money on your taxes and streamline operations to make things more profitable for you over time. Even if your business is doing well now, it could be doing better in the future with the help of a financial consultant. 
  • - They can help you solve your financial problems. If you are dealing with serious losses, are in debt, or have very low profit margins, they can save your business from going under by helping you make positive changes. John Haag attests that they can also save you a huge amount of stress and worry about your business.

Saturday, 2 July 2016

John Haag - What is Public Accounting?

John Haag is a financial consultant with an extensive background in accounting and money management. He began his career as a manager for a public accounting firm, where he worked for five years in several different offices. Public accounting is a subset of traditional accounting practice, and can be a very stable and rewarding career.

Public accounting provides financial services such as taxes, audits, and other monetary reports for other businesses and individuals. Public accountants spend most of their time working on budgets, verifying financial documents, and planning for the future. Public accountants work for accounting firms, whereas private accountants are employed by individual companies. This means that public accountants manage many different jobs at the same time, whereas private accountants only work for one company. A CFA license is required for public accounting, whereas it is helpful but not necessary in a private job.

To become a public accountant, one must obtain a degree in finance. It is extremely important to have good analytical skills, as you will spend much of your time crunching numbers and reviewing budgets. The work hours as a public accountant can be brutal at times, but over the course of your career, you can work your way up to a rewarding salary and a partner position at a firm. Working in public accounting can also be a great gateway to other positions. John Haag started his career in public accounting, but later transitioned into investment banking and consulting. He now draws upon his financial knowledge to help his clients.