Last updated on November 20th, 2017 at 04:10 pm
It is essential to look for someone who has professional accounting qualifications, most accountants will belong to one of the professional organisations and many of these will let you check that the accountant is actually a member The organisations to look for include:-
Having said that, the author feels that best way to find a good accountant is through personal recommendations, talk to other businesses about their accountants and you will soon get an idea of what they are like – reports will range from “excellent”, through “good” to “ok”.
There are several ways to get recommendations and, in the authors view, they include the following :-
Bear in mind that it’s always best to start looking for an accountant well before you need to use one. You are, in all likelyhood, going to be relying on your accountant to produce reports, tax returns and save you money on tax etc. It is important that you feel comfortable talking to the accountant and their staff either on the telephone, face to face or via emails – do they give you the sense that they have your interests at heart and will they spend time explaining things to you.
Because this is such an important decision you should not leave it to the last minute before deciding which accountant you are going to use. In deed, you will probably need advice before you start your business to make sure that you are trading in the right way and have the accounting systems set up ready to track your expenses, sales and profits.
Once you have found some names and considered their reputations and qualifications, you should draw up a shortlist of 4 or 5 accountants you’d like to contact, then contact them and ask for a free initial meeting so that you can talk to them about how they could help you and what is expected. At this initial meeting you might even be able to get a ball park figure for the cost of using them as your accountant – but remember that cheapest is not always best.