1
00:00:00,000 --> 00:00:02,940
Johny Fernandez: His advice for those
looking to hire an accountant is to

2
00:00:02,940 --> 00:00:03,840
choose wisely.

3
00:00:03,990 --> 00:00:06,990
David Roitblat: The number one thing
before anybody hires an accountant or

4
00:00:06,990 --> 00:00:11,460
bookkeeper, they should always make sure
that they understand the principles of

5
00:00:11,460 --> 00:00:16,290
accounting. And the reason why that's so
important is that when you when you book

6
00:00:16,290 --> 00:00:20,610
an item in QuickBooks and CRM system,
eventually that ends up on the income

7
00:00:20,610 --> 00:00:25,890
statement and balance sheet. If you book
the item wrong, you're gonna mess up the

8
00:00:25,890 --> 00:00:30,090
income statement and balance sheet. If
the person you're hiring, understands

9
00:00:30,090 --> 00:00:36,150
accounting principles, they're, they're
not likely to make those same typical

10
00:00:36,150 --> 00:00:42,690
bookkeeping mistakes. So that's number
one, is to be more specific with the MCA

11
00:00:42,690 --> 00:00:46,380
space. You want to make sure that the
that whoever you're hiring understands

12
00:00:46,380 --> 00:00:50,820
the difference between a loan and the
difference between an events, and all

13
00:00:50,820 --> 00:00:56,010
parts of that they have to understand
how syndicators want to see their

14
00:00:56,010 --> 00:00:59,040
reports. They have to understand how
hedge funds want to see the reports, and

15
00:00:59,040 --> 00:01:03,630
they have them sent how a typical
investor wants to see the reports. And

16
00:01:03,630 --> 00:01:07,080
then of course they also have them send
how the owner of the MCA wants to see

17
00:01:07,080 --> 00:01:07,710
the reports.