Different accountants define advisory services differently. However, in simple words, it is the service where you provide guidance to your clients. This service can include simple discussions on various topics like taxes and risk consultation.
We all know it is very time-consuming to see the annual reports. These documents are hundreds of pages long, and honestly, sometimes you do not even know what to look for. But then again, you simply cannot ignore these annual reports as they can indicate severe issues in the client’s firm.