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INTERVIEW WITH ACCOUNTANT NKOSINATHI MKOLOLO

See full profile: Cape Town Accountant - Nkosinathi Mkololo

 

Were you always planning to be an accountant and why?

No, my plan was to be a professional soccer player but however due to my height and other physical attributes i could not make it but fortunately for me, my grades were good so i had to go and study and Accountancy was my first choice.

 

When meeting with clients do they mostly come to your own premises or do you mostly go their theirs?

I mostly go to my clients

 

What is your preferred mode of communication with your clients?

Email, Phone, Face to Face, WhatsApp

 

Have you ever done an online video call with a client?

Yes

 

What do you love most about accounting?

It gives people lasting solutions

 

Would you recommend accounting as a career for school-leavers, and why?

Yes, Accounting as a career is very broad and one can always choose which areas he/she would like to specialize in.

 

What qualities should South African business people be looking for in their accountant?

Someone who adds value to your business

 

What is the biggest challenge facing accountants today?

Marketing & Pricing

 

What aspects of accounting do you focus on most?

Tax and Full Accounting Services

 

Describe your average client:

Mostly up and coming entrepreneurs and the already established ones

 

How far away from your premises is your furthest client?

256 km away

 

From your accounting experience, if you could cite one of the biggest reasons SME's in SA fail, what would it be?

Funding model, too much red tapes

 

What accounting software do you like best?

Caseware

 

What other software, online services or apps do you use?

Quickbooks

 

Do you think the coming wave of automation in the next few years will steal some accounting jobs and why/why not?

Yes, some positions will become redundant for an example filing clerks. Most companies are going green so less paperwork and everything is now being done and saved online.

 

What is your opinion on Bitcoin?

Well, I have noticed some countries allow them to be used as a medium of exchange. Am old school, i still believe anything that gives you interest more than the current inflation rate is a scam but that is my own personal take on the matter, i stand to be corrected.

 

What do you enjoy doing in your spare time?

I spend it with my family and friends, sometimes i do stand up comedy, play soccer with kids on my neighbourhood.

 

What is the most interesting thing on your bucket list?

Have an awareness campaign where i could show young people that there are lots of professional bodies in accounting. The fact that one could not make it on the other should not deter them from that ultimate dream of being professional accountants.

 

What has your experience been on FindanAccountant?

Awesome

See how our other local South African accountants have answered the above questions.