Taking Care of the Most Taxing Part

Leave your accounting and bookkeeping to someone who knows that the bottom line in all business relationships is trust. “Trust is No. 1,” says Frank Cacciola, co-founder of the revolutionary firm, My Accounting Department. Eliminating the unproductive time business owners spend on bookkeeping is Cacciola’s way of helping companies reach their highest potential. “Essentially what our service does is help the business owner focus on their business and their sales rather than their bookkeeping and accounting.”

Like many successful business leaders, Cacciola caught the entrepreneurial bug at a young age. He established his first company at 19. “I grew the business to 115 employees and bookkeeping and accounting was a struggle,” says Cacciola. With no previous background in the accounting arena, he sold his business and decided to hit the textbooks to better understand the art of accounting and tax laws.

During his stretch at school, Cacciola sought to find the culprit responsible for destroying so many failed ventures. Like a character from Clue, Cacciola quickly discovered that businesses weren’t being killed by Colonel Mustard in the kitchen, but by the superfluous time their owners spent in the basement trying to balance their books. “Doing your books all the time takes away from the actual substance of your business,” says Cacciola. It was this light-bulb moment that prompted Cacciola and his business partner Claudio Pecora to make their next move – the innovative My Accounting Department venture. That was almost five years ago.

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Designed to help entrepreneurs keep their heads above the line, My Accounting Department gives business owners the time to focus on their fortes. “We eliminate the whole stress of trying to organize everything, trying to hire somebody to do their books,” says Cacciola.

A one-stop, 24-hour, online accounting shop is really the only way to describe this unique, cost-effective firm. “By having a system in place such as ours that deviates from the whole entire accounting process, we actually guarantee that everything’s done on time, all the time,” says Cacciola. The client just places their accounting information in a yellow envelope and My Accounting Department picks it up and deals with the rest. “We take over the entire process; they just log in from anywhere around the world and review their reports.”

In addition to 24-hour access to an accountant, clients have their very own accounting manager. “They are a part of the whole process without having been involved with the entire process,” says Cacciola. And as a testament to My Accounting Department’s trustworthy reputation, Cacciola himself meets all of his clients either at their offices or out for lunch on a quarterly basis to review and discuss their progress and financials. In this industry, trust means “knowing more about the client than the client knows about themselves,” says Cacciola.

My Accounting Department’s new Vaughan location specializes in small businesses and personal tax returns. As a respectable business leader who knows what it’s like to stroll in the ambitious entrepreneur’s shoes, Cacciola is proud to offer, “an accounting firm service to people that are intimidated by the accounting firm atmosphere and costs.”

www.accworks.ca
416.762.0062 or 1.800.636.8138
4800 Hwy #7 W., Woodbridge, Ont.
Located at the corner of Hwy 7 and Wigwoss Dr., in the Vaughanwood Mall