Trust, honesty and being an ethical adviser

At Simic Financial, we believe honesty is the bedrock of our client relationships. When we work with you and your business, that relationship is based on being open, honest and ethical in everything we do. And that’s because ethics sit at the heart of our practice. 

This article is a result of a recent success of our firm – being quoted in the new CAANZ Module on Ethics and Trust (several times)! As Trusted Advisors we focus greatly on integrity, so the ability to be recognised for this is a proud achievement for the firm.

Let’s take a look at why ethics are so important in accounting, and why behaving in a professional way is a key expectation of your trusted adviser. 

The importance of ethics in an accounting firm

When you partner with our firm, that relationship comes with some pretty standard expectations of the services we’ll provide, the work we’ll do and the way we’ll work together. 

You’ll expect us to demonstrate:

1. Integrity and to work to a high standard as a professional accountant
2. Objectivity in our advice and decision-making
3. Professional competence and due care in the work we deliver
4. Confidentiality and tight security for your business-sensitive data and information
5. Professional behaviour that demonstrates the best standards and values

A business relationship based on honesty and excellent communication

To ensure we deliver on your expectations, the Australian accounting industry has its own Code of Ethics, based on five core expectations of a professional accountant. 

Here at Simic Financial, we bring our combined experience and years of working in accounting firms to the table. And coming from those environments has given us an excellent grounding in both the ethical framework of accounting and the key ways to work with our clients. 

When you’re starting out as an accountant, you’re told straight away that there are certain ways of working and that you need to hold yourself to a high standard. Accounting is a very trust-based business. The trust between our firm and you, as our client, is vital. If we lose that trust, we’re failing to meet your expectations as an adviser. 

That’s why we always opt for the ethical, high-integrity option. If something comes up in the accounts or while reviewing your dashboard, we’ll tell you straight away. Whether it’s good news or bad news, we’ll give you the facts, tell it to you straight and will work with you to grab the opportunity, or overcome the potential hurdle in the road. 

Acting professionally as your trusted adviser

Ultimately, acting in an ethical and moral way is what’s expected of us as a professional accounting firm. You know we’ll get the job done, in the right way and with your best interests at heart. And you can be confident that our thought processes, decision-making and actions will always be based on solid and dependable ethical foundations. 

We hold ourselves to a high standard and ensure that’s the level at which we always operate. If a problem comes up, or a hard conversation needs to be had, you can be sure we’ll be open and honest with you about the potential outcomes. 

Honesty and integrity are a big part of our values and hitting those marks leads into this idea of trust. Trust comes from being honest with you, as our valued clients, and communicating in a clear, objective and informative way. 

Simic Financial: your go-to adviser in Geelong

If you’re looking for a business adviser who tells it like it is, while offering you all of the essential accounting and advisory services, come and have a chat with us.

As a firm, we offer:

• CFO services, including financial coaching, M&A support and strategy, virtual CFO services, board meetings, financial modelling, training and workshops.
• Finance manager and accounting services, such as tax planning and advice, high-level accounting, business advice, cashflow tracking and detailed KPI tracking.
• Advanced bookkeeping services, including BAS preparation, full-service bookkeeping, payroll & superannuation, debtor/creditor management and multi-entity accounts. 

And when you work with us, you can be sure that we’ll meet all your ethical expectations of a professional cloud accounting practice. 

Get in touch and tell us how we can offer a helping hand to your business. 

Contact us today