How to Hire an Accountant in 5 Steps 

» Posted by on Nov 21, 2017 in Accountant | 0 comments

Whether you want to pay taxes or file a financial statement, you will need an accountant. If the services are for you, family or small business the role of an accountant is crucial. You need someone who knows about tax laws and practices and analyzing financial statements for your business, whether small or big. You might think you don’t need them, but you will realize how you’re missing out in your business without them. The question is how to hire one. Do the following.  

Accountant 

Figure Out Who You Need 

There are various accounting professionals who can carry out different accounting tasks. You need to figure out if you need an accountant or CPA, and sort out what you really need. Accountants will handle everyday financial tasks like bookkeeping, posting accounts payable, payroll taxes and others. Whether you have a corporation, company or firm, an accountant will do those jobs for you.  

CPAs on the other hand handle financial reports and can serve as a consultant. They can represent their clients in IRS audit and they mostly operate their own business.  

Ask for Referrals 

You can’t just find a good accountant the moment you need them. To begin looking for a reputable accountant or accounting firm, ask your friends or coworkers for referrals. If you’re running a small business, you can ask other small businesses in your area to find an accountant specific in your industry. Another thing you can do is ask your state CPA society for help in hiring a firm or accountant.  

Research More 

Learn more about the accountants the people referred to you. Check their website and what they specialize in. You will need someone who specializes in small business issues, represents other companies in your industry and has lots of experiences.  

Interview Firms or Individuals 

After researching, you can now interview an individual or firm. You and the accountant will have a professional relationship that will affect the financial aspect of your business, so you better be smart in choosing one. Conduct at interview or ask for a free consultation.  

Notice how they communicate with you. Can you contact them if necessary? You will need an accountant who knows her stuff and can make you understand the complicated and technical aspect of their job. You will want to work with someone you respect, who’s willing to help you and listens well.  

Inquire About Rates 

Budget is very important for a business, especially for hiring employers. Find an accountant who is within your budget, but also you should be able to change it anytime especially if your finances require more attention. If you hire someone from an accounting form, the rates will vary depending on the experience and the size of the firm. Remember that the greater responsibility they’re going to handle, the higher the rate is. So during consultation, tell them everything about your financial issues and be honest.  

It is important to hire an accountant that meets your budget and requirements. After you’ve done the mentioned things, you’re ready to hire. 

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