- November 16, 2017
- Posted by: admin
- Category: QuickBooks
So you are here to know what things you should look after in an accountant to hire them. You already know how an accounting professional help grows your business.
Before starting this discussion, you should be knowing the basic difference between a bookkeeper and an accountant.
There are more things to looks for when hiring an accountant
1.Knowledge about a business environment
First of all, an accountant should be knowledgeable about your business environment and your tax situation, your financial statements, it makes sense to ask them to pull all the pieces together and help you come up with a business plan and personal financial plan.
2. Accounting and record-keeping
An accountant should be a good knowledge in accounting and record-keeping because While it makes sense for many business owners to manage their day-to-day records, an accountant can help set up bookkeeping and accounting systems and show you how to use them.
3. Knowledge in Tax related
The Accountants are provided to assist with tax-related query or problem usually can do so in two areas like tax compliance and tax planning. Planning helps to refers to reducing your overall tax headache or tax burden. Its Compliance refers to obeying the tax laws.
4. Asking for CPA Certification
You asked accountant you are a CPA(CERTIFIED PUBLIC ACCOUNTANT) or not? because CPA is an exam for an accountant and has been licensed by one of the 50 U.S. states (or one of five other jurisdictions). It is compulsory for an accountant to clear these exams for a good accountant.
This topic is very important for accounting because These services are most commonly required by banks as a condition of a loan. The accountant or other third party provides assurance that a company’s financial information is accurate.
6. Get Clear About All Rates
The last thing you want from an accountant is a surprise when the bill arrives. Make sure you understand their fee structure and get estimates for the monthly costs for the services you need.
7. Check Their References
Ask potential accountants for client references, particularly from clients in your industry. If you are considering CPAs, AICPA has links to all the state CPA registries. There is also an online lookup tool provided by the National Association of State Boards of Accountancy.
Looking for help?: Find a Bookkeeper, Accountant, or Certifed QuickBooks ProAdvisor.
8. Your company’s Services
In your company, Most accounting firms offer tax and auditing services and the CPA may offer services that include analyzing transactions for loans and financing, preparing, auditing, reviewing and compiling financial statements; managing investments; and representing you before tax authorities.
There are Some consumer(client) are content to meet with their accounting firm once a year for tax-filing purposes. Others client have frequent business questions that require timely answers. So Find out if your accountant is a telephone call away or if you will have to schedule a time to come into the office and talk in person.
10.The accountant speak your language
At the last question is ask yourself If you are not a genious when it comes to financial argot, your accountant needs to understand this and be able to communicate with you in a clear and pithy manner. The accountant should not be the only one who understands where your company stands financially.
To get support for any other issues, you can talk to our QuickBooks support team. They will definitely guide you to resolve the specific issue. Dial our toll-free number 1 888 883 9555 to start the conversation.