Need An Accountant? Here Are 7 Tops Tips To Help You Choose One

This article aims to give you a few pointers for choosing an accountant to look after the reporting of your finances – naturally, this will perhaps be on the most important relationships in you business, so you need to get it right.

With so many accountants to choose from those, getting the right for the job is no easy task. These 7 tips will go a long way towards making it easier for you though…

1) Be sure on what exactly you need. Do you just need someone to help you meet your statutory requirements? If so, then a larger, reputable, brand name accountancy firm will probably be your best option. However, if you are looking for specific help and someone to help guide your business financially on a regular basis, then a smaller, more responsive firm would probably be better.

2) Ask for an initial meeting. The initial meeting should be free, with a partner, and will allow you and the accountancy firm to see whether there is a match between what you are looking for, and their ability to provide it.

3) Get a detailed, transparent pricing list. Don’t accept general answers as far as pricing is concerned, as otherwise you may be hit by unexpected, hidden charges at a later date. Tell them exactly what you need and ask them to tell you exactly how much it will costs. Also, be sure to agree on what terms, and on what timescale, payment can be made.

4) Ask for testimonials. The testimonials should be more than just a list of company names – ask for the names of senior people within client companies, with contact details. Even better, take client names from the website and call them unprompted; this may garner a more honest opinion.

5) Visit their website. What is your general impression of their company website? Is it easy to navigate and find what you’re looking for? Is it up to date? Though not a conclusive factor in itself, a company who put time and effort into their website are more likely to make good use of technology within their services.

6) Use the internet for research. Enter the name of the accountancy firm into Google and look through the results brought up. What you are looking for is recommendations and comments in general. Forums on your best bet as what is written there is almost certainly going to be unbiased. Be prepared to spend 15 minutes or so going through at least the first 5 pages of results.

7) Ask yourself if they are proactive. When you try to contact them initially, think about how quickly and efficiently they responded. Did they reply or phone you back straight away? Did you get passed around to a few people before finally being able to get answers from someone? You can take their initial speed and comprehensiveness as a guide to what to expect from them in general should you become a client of theirs.

Learn More : Business Plan Cash Flow

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Posted by Mark Walters on Oct 21st, 2009 and filed under Finance. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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