I think there’s some truth to this but there’s also the need to set up books well and to implement important practices like reconciliation. For example the way

I think there’s some truth to this but there’s also the need to set up books well and to implement important practices like reconciliation. For example the way accounts are grouped together can be important, eg to be able to see COGS and EBITDA. Mostly what I see is that an in house accountant does the books and an external accountant does the tax. But that might not be the case in all jurisdictions. All of that said, I’ve seen a lot of P&Ls and balance sheets over the years and most of them are so overcomplicated that it’s difficult to understand the business fundamentals. I’m not sure if that’s because accountants make things complicated, but I suspect it’s because accountants aren’t asked to be involved when they should be.