Your accountant should be one of your business’s most trusted advisors. If you’re looking for a new accountant, then it’s important to choose carefully and ask the right questions before making your decision.
Here are five questions that you should ask your potential accountant before signing on the dotted line. Click the list below to skip to a particular question.
Do you have any professional accounting qualifications?
You do not need any specific qualifications to be able to call yourself an accountant. You should only really consider an accountant with recognised qualifications.
Make sure your accountant has a professional qualification. These can be from the ICAEW or the ACCA. A good way to spot if your accountant is qualified is to check their website for the logos of these professional bodies.
By choosing a qualified chartered accountant, you can rest assured that your business will receive advice from a fully trained professional. Unqualified accountants may only be able to provide a limited amount of services.
Do you charge a fixed fee for your services?
Of course, you need to know how much you’ll be paying.
It’s also important to know if your accountant’s fee will increase over time. Further meetings or consultations over the phone could push up the price.
A fixed fee service will make costs clear and prevent any later surprises.
Do you have any case studies or testimonials available?
It’s always wise to see examples of previous work that your accountant has done.
Check your potential accountant’s website for case studies and testimonials. If there are no case studies available online, ask them if they’ve worked with any other businesses who operate in your industry.
Will I be able to get your advice easily?
Can I access my accounts at any time, from anywhere?
Some accountants use cloud accounting software, which makes it easier for businesses and their accountants to view and manage their accounts in real-time.
This software can save time and money. You should ask your accountant if they use cloud software.
How Appleby Mall can help
Appleby Mall are qualified chartered accountants and experienced business advisors.
We’re more than willing to answer any accounting-related questions that you may have – via phone, Skype, or in-person.