Accountancy is a profession driven by detail and tight deadlines, requiring accurate data inputs in order for a practitioner to fulfil their duties. Accountants depend on information being supplied by their clients, external third parties and other sources, and they need to rely on the reliability of these sources for their numbers to add up – literally.
Professional duty of care
Sometimes, however, gaining access to this information is easier said than done. “Accountants are duty bound to submit accurate audited statements and financial reports to clients, financial institutions, and government departments like SARS. However, they cannot do this if they do not have the means to verify the information they are expected to present,” says Sameer Kumandan, Managing Director of SearchWorks, an innovative data platform that allows users to conduct live, accurate searches on individuals and companies and in-depth…