What Qualities to Look for in an Accountant

A good accountant is your best resource when it comes to making sure your business is running smoothly and on the right financial track. That’s why you want to choose wisely when it comes to hiring accountants north wales, and not simply go with the first accountant you find in the Yellow Pages or online. Make sure to look at several different accountants and ask them questions about their work experience, accounting education, and the type of clients they typically work with before deciding on one that’s right for you and your business needs.

1) Be Confident They are Trustworthy

An accountant who can be trusted is one of your best investments when you are launching a new business. What makes a good bookkeeper? A lot of it has to do with how they run their clients books, but some of it is also rooted in traits and skills that you can observe during meetings or by reading their website. Is your prospective accounting firm transparent about its prices and policies? Do they seem like they’re up-to-date on all your legal requirements? Does their staff have any certifications or training that indicate attention to detail and financial acumen? For example, if you’re starting a tech company, does your potential CPA hire accountants who specialize in technology accounting? If so, that’s a good sign. 

2) Have Clear Communication

No matter how complicated or simple your business is, communication between you and your accountant needs to be crystal clear. The last thing you want is a misunderstanding between yourself and your accountant which will cost you lots of money down the road. Make sure that they are providing you with valuable financial insight while understanding exactly what it is that they need from you. Don’t forget to always have a line of communication open with them so if any problems arise, whether it be by phone or email, you can reach out immediately.

3) Are Passionate About Helping You Succeed

Your success is very important to them. If you don’t succeed, they don’t succeed, and they know it. Their business is built around you succeeding and because of that, they will likely go above and beyond what is necessary to ensure your company has a successful future. Some accountants may show little or no interest in your progress while others will be more than willing to spend all day talking about ways that their firm can help you increase sales and reach more customers. In short, a quality accountant will put all of their effort into helping you achieve your goals instead of focusing solely on how much money you owe them at tax time.

4) Stay Up-to-Date on the Latest Laws and Regulations

One of your accountant’s main responsibilities is making sure your books are up-to-date, but they should also be keeping you aware of trends. Accountants who are familiar with industry standards can help keep you aware of updates that can save your business money and increase its value. Ask potential accountants if they are keeping up with accounting news and let them know how much you would like them to keep you informed about new regulations and legal issues.