Trying to
choose an accountant
can be enough to make anyone’s head spin, especially if it’s your first
time. With your finances vulnerable to their professional expertise and
skill, many business owners are terribly afraid of making a disastrous
mistake and putting their earnings in jeopardy.
In truth, it’s far better to be apprehensive about such a choice than
it is to approach it with complacency. Your accountant will have access
to your most delicate business dealings, and you need to know that you
can trust them to take care of you and your enterprise.
If your search has begun, then here are a few tips to help you choose the right professional for you…
Gather Recommendations
One of the most effective ways of finding a suitable professional is
to turn to your contacts and see whom the people in your network would
recommend. There is no better commendation than one that comes from a
person you know and trust, so if someone has a candidate that they would
like to put forward, it’s worth your time to contact them. Although
their actual suitability will largely come down to your personal
preference, recommendations are still a useful place to start, and you
know from the outset that at least one of the candidate’s clients thinks
highly enough of them to tout for business on their behalf.
Assess Their Experience
You may want to gather some additional candidates to add to your list
through internet recommendations or reviews, but once you have a
suitable number of options to explore, a good way to whittle them down
is by looking at how much relevant experience they have. As a business
owner, you need someone who can prepare tax returns, and complete and
archive financial documents for companies with a similar revenue and
structure to yours. Additionally, they must be able to use any relevant
software instrumental to your bookkeeping methods, such as cloud
computing or Excel spreadsheets. If they already have
clients in a similar sector, then that’s one more tick in the relevant box.
Check Their Certification
Once you have a preferred accountant, it’s important to check their
certification before you commit to anything. A country specific central
body will regulate all financial professionals in your region, and to be
included on their register, accountants will have to possess relevant
qualifications and uphold the highest professional standards. This means
that when you choose a name that features on their list, you always
know that you’re getting the most for your money, and that you’re
working with an individual or firm that you can rely on.
Find your perfect accountant today by following these three simple steps.
source: 20smoney.com