How to find and choose a good accountant?

Finding the answer for how to find and choose a good accountant is mandatory for many people living in the countries having capitalist economies. Once a good accountant is in contact, businessmen can consult him/her regarding important investments in the business and for the business as they can calculate the affect of such investments on the tax of such business.

For the same reasons most big businesses either have their own team of accountants or they hire services of professional audit firms and they keep inquiring about the effects of various steps they take every now and then for the prosperity of their businesses. However for small businesses and individuals it is always suggested that they hire services of freelance accountants so that they can save some costs at the end of the day. However they should keep many things in mind while hiring services of any professional accountant.

Things to consider while hiring an accountant

·        The first thing to consider is to look for an accountant. One can find accountants from references like friends, sister businesses, magazines, yellow pages, websites and like resources.

·        It is always important to ask the accountant for his qualifications such as CA, ACCA, CA-MBA and like courses. Ask the accountant his/her areas of expertise also.

·        Ask few accountants to send their recommendations regarding a certain matter and select the one sending the best recommendation.

·        You can compare rates for various accountants before hiring any one of them so that you don’t pay too much extra for little bit of extra skills to an individual.

·        Do the verifications about such accountant from the places where he/she previously worked and from the associations from where they are certified.

·        Do check whether the person you are hiring is capable of providing work within deadlines or not.

·        Do check whether the accountant you are hiring has enough time to think over the issues of your business or he/she has less time for that.

·        You can also consult better business bureau for any complaints on the file of such accountant which you hire.

You can fix a salary for your accountant as well as you can hire him purely on freelancing bases. It all depends upon your needs and requirements. But usually the accountants find it comfortable to work as freelancers with small businesses so that they can work freely at multiple places. That can be useful for you as well because the skills which that accountant will obtain from other businesses will be applied to the tasks you give to your accountant. That will make the tasks given by you to your accountant more professionally sound and well prepared. Otherwise even the professional accountants working in one environment for many years might not prove that much effective as they do not have exposure to different conditions existing in the financial markets. Another benefit of hiring a free lancer is that you can stop hiring his services whenever you don’t find him suitable for your needs.