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Outsourced Accounting at Year-End: When Is the Right Time to Switch to a Professional

Written by
Janis Mirkis
Published on
October 21, 2025

The end of the year is an intense time for many business owners — projects need to be completed, invoices organized, and the annual report prepared. During this period, we often hear the question: is our accounting truly ready for the year-end without stress or unpleasant surprises?

If the answer isn’t a confident “yes", it might be the perfect time to consider professional outsourced accounting.

Why the End of the Year Is the Right Time for Change

Many entrepreneurs assume that changing accountants at the end of the year is complicated, but in reality, this period is ideal for making improvements.
Here’s why:

  1. A natural turning point. With the December balance, one financial cycle ends — the new year can begin with organized data and reliable support.
  2. An opportunity to correct errors. We help review previous data and tidy up everything that could cause problems in the annual report.
  3. Less stress in the new year. Organized accounting ensures smoother annual report preparation and a calm year-end.

When It’s Time to Rethink Your Accounting Approach

There are several signs that your current setup may no longer be effective:

  • Delayed invoices and reports. Missed deadlines can lead to penalties or issues with tax authorities.
  • Lack of transparency. If you don’t have a clear picture of your company’s financial situation, planning the next steps becomes difficult.
  • Insufficient communication. We believe that openness and accessibility are essential in collaboration with your accountant.
  • Your business is growing, but accounting isn’t keeping up. A higher transaction volume requires a professional, structured approach.

Our Experience: Year-End as the Busiest Period

Every year, as the year draws to a close, new clients reach out to us seeking support in organizing their accounting and consulting about annual reports.
This period is traditionally the most active — businesses evaluate their situation and want to ensure that everything is accurate and submitted on time.

We’d like to emphasize that even if your company is not one of our regular clients, you can turn to us specifically for annual report preparation consultation.
We assist with document review, data organization, and answer any questions regarding annual report preparation.

The Benefits of Outsourced Accounting

Working with a professional outsourced accounting team offers more than just accurate reporting.
It brings security, time savings, and confidence that your financial matters are in order.

Our clients value that:

  1. We stay up to date with regulatory changes and ensure everything is prepared correctly.
  2. We help save time, allowing business owners to focus on developing their companies.
  3. We use modern tools and automation, making the process more efficient and reducing the chance of errors.
  4. Costs are clear and predictable. No unpleasant surprises — everything is agreed upon in advance.
  5. We provide an objective perspective on your company’s financial situation and practical recommendations for improvement.

How the Transition to Outsourced Accounting Works

The transition process is thoughtful, structured, and secure:

  1. We assess your current situation — reviewing documents and accounting data.
  2. We safely transfer information, ensuring continuous data protection.
  3. We organize processes and establish a clear, efficient collaboration structure.
  4. We begin regular work — providing support, reports, and consultations as needed.

If our cooperation starts at the end of the year, we can also help prepare the annual report, so the new year begins with a strong financial foundation.

Year-end is the perfect time to get your financial matters in order and ensure a smooth start to the new year.
If you feel that your current accounting processes are causing unnecessary strain or lack transparency, we are here to help.

👉 Get in touch with us, even if you’re not yet one of our regular clients — we’ll help you with any questions regarding annual report or assess how to organize your accounting most effectively.
Together, we’ll make sure the coming year begins with stability, structure, and confidence.

Janis Mirkis
CEO of Oceans

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