Selecting a good CPA for your business is not a walk in the park. A Certified Public Accountant who understands the needs of your business is like a family doctor. They have to be empathetic as they lead your company to growth. They also have to maintain the health of your account records in a transparent and professional manner that benefits your business. That’s why you will need a CPA at some point if you already don’t have one.
Perhaps these tips on how to find a CPA can help you figure out what needs to be done when looking to hire this professional.
1 Go for a Certified Public Accountant who runs the right accounting firm
The challenge of choosing a too small accounting firm is that they won’t have the resources to fulfill your business needs. On the other hand, if the business is too big, there is a chance that you will feel lost. But as a general rule of thumb, you should be going for an accounting firm that is staffed with people who have a wide range of expertise. This should cover business consulting, tax, assurance, executive compensation, and so on. Looking at a depth of their experience is also critical since you’ll need to work with someone who has mastered these areas very well.
If you’re not sure about their reputation, you may want to confirm it with your lawyer, banker, or any other professional who works in your field.
2 Referrals can help you get good CPAs
The first person to approach is your attorney, banker, or another business owner who appears to be doing well. This may mean interviewing them about their CPAs and ultimately asking for a referral if the feedback is good. Also, your state CPA association is a good place to begin from when looking for referrals.
3 Work with someone who is connected to a huge network
The aim is to solve problems quickly and in an efficient manner without incurring additional costs. And this means getting the right CPA who is flexible and knowledgeable enough to address problems when they arise. But in addition to this, the right CPA is a professional who has built an expansive network over time, meaning they can introduce you to industry leaders, marketers, insurance agents or any other professional who may be of help to you. After all, the intent of bringing a CPA is to contribute positively to your business plan.
4 Look for someone who fits the role
You need to work with someone who is empathetic – someone who is a good communicator, who can also listen to you. Finally, you need someone who can offer advice and insights that are practically comfortable to implement. If this someone is quick to understand your goals and is also able to explain complex issues which you don’t have answers to, then it means they are the right person for the job.
5 Get someone who has extensive knowledge of your business
Essentially, you’re looking to hire someone who has valuable ideas that can help grow your business. You also need someone who can think quickly and offer solutions in an honest manner when you need them. Also, those who are knowledgeable in this field will remain active in professional organizations as well as in their communities. They love to speak and publish what they know. But if you don’t know where to get them, then doing research on the internet, or reading brochures and other materials of communication will always help you.