See full profile: Bloemfontein Accountant - Wynand Du Toit
Were you always planning to be an accountant and why?
I have always been interested in subjects with a strong logical basis. Accounting seemed like a logical choice because I was also interested in business.
When meeting with clients, do they mostly come to your own premises, or do you mostly go to theirs?
Mostly online meetings.
What is your preferred mode of communication with your clients?
Have you ever done an online video call with a client?
Yes
What do you love most about accounting?
I love the sense of order and structure that accounting brings to financial matters. It's incredibly satisfying to see how numbers can tell a story about a business's health and performance.
Would you recommend accounting as a career for school-leavers, and why?
Absolutely, accounting offers a solid foundation for a successful career. It teaches valuable skills such as attention to detail, problem-solving, and financial literacy.
What qualities should South African business people be looking for in their accountant?
South African business people should look for accountants who are not only technically proficient but also have a deep understanding of local regulations and a commitment to ethical practices.
What is the biggest challenge facing accountants today?
One of the biggest challenges facing accountants today is keeping up with rapidly evolving technology and how it impacts the accounting profession.
What aspects of accounting do you focus on most?
I focus mostly on financial reporting and tax compliance, helping clients ensure their financial records are accurate and up-to-date.
Describe your average client:
My average client is a medium-sized business looking for personalized accounting services tailored to their specific needs and industry requirements.
How far away from your premises is your furthest client?
My furthest client is approximately 200 kilometres away, but distance is not a barrier as we can easily communicate online.
From your accounting experience, if you could cite one of the biggest reasons SMEs in SA fail, what would it be?
One of the biggest reasons SMEs in SA fail is due to poor financial management, including inadequate record-keeping and failure to plan for taxes.
What accounting software do you like best?
I prefer Xero for its user-friendly interface and comprehensive features that streamline accounting processes.
What other software, online services or apps do you use?
Excel, WhatsApp and a platform for sharing accounting documents with clients.
Do you think the coming wave of automation in the next few years will steal some accounting jobs and why/why not?
While automation will certainly change the accounting landscape, I believe it will create new opportunities for accountants to focus on higher-value tasks such as analysis and strategic planning.
What is your opinion on Bitcoin?
I see Bitcoin as an intriguing technology with the potential to revolutionize the financial industry. However, its volatile nature and regulatory challenges make it a high-risk investment.
What do you enjoy doing in your spare time?
In my spare time, I enjoy cycling and exploring new hiking trails. I also like reading books on personal development and finance.
What is the most interesting thing on your bucket list?
One of the most interesting things on my bucket list is to travel to Japan and experience its unique culture and cuisine.
What has your experience been on FindanAccountant?
My experience on FindanAccountant has been very positive. It has helped me connect with new clients and showcase my expertise in the accounting field.
See how our other local South African accountants have answered the above questions.
