Checking References and Interviewing Potential CPAs
There are businesses, no matter their size, cannot afford to make a mistake such as choosing the wrong accountant or accounting service. This is something to take into deep consideration as you are giving permission for a financial expert or entity to access personal business data. You need to review factors that show trustworthiness, reliability, and confidentiality will be maintained. To help you explore these aspects you should conduct interviews with potential candidates, whether it is an individual accountant or firm.
Three important elements to look for during the interview process includes
- level of software knowledge,
- do they have expertise working with companies of your size,
- and what kind of experience do they have providing services for your industry.
If you are considering a firm, ask about members who will work with your account information. All communication exchanged should be clear, concise, and to the point. Checking references is important as they can influence your decision.
- What have others said about their services?
- What are reasons why they would recommend the accountant or firm?
Think about how much time you may need to make your decision. It is possible to wait too long; few businesses have done this and have received negative results affecting company growth.
Consider Referrals from Business Colleagues
Some of the best tips in finding reliable business services have come from word-of-mouth referrals. This is good insider information you can use to your advantage in making a good choice for your business. After all, when you connect with those in your industry you gain more insight on options available to you. Think about other people you connect with within your industry and mention you are seeking accounting services for your business.
You have a few options depending on your industry and type of accounting service you want. Aside from colleagues, you can consider other relationships you have to help you get more leads such as friends and business partners.