What do you need to consider when choosing an accountant?

April 27, 2023 What do you need to consider when choosing an accountant?

Key factors when choosing an accountant

If you’re looking for an accountant for your business or personal finances, there are a few key factors to consider. First, you want to make sure the accountant is qualified and experienced in your specific industry. Look for an accountant who is a member of a professional accounting body and has experience working with clients like you. 


Next, consider the range of services the accountant offers. You’ll want to make sure they can provide the services you need, whether that’s basic bookkeeping and tax compliance or more specialised services like financial planning, auditing, or business valuation. 


Cost is another important consideration. While you don’t want to overpay, you also don’t want to skimp on quality. Look for an accountant who offers transparent and competitive pricing and consider if they offer flexible pricing structures that fit your budget. 


Communication and availability are also key factors to consider. You want an accountant who is responsive and easy to get in touch with. Make sure they have a system in place for communicating with clients and consider if they offer regular check-ins or consultations to help you stay on top of your finances. 


In today’s digital age, it’s important to work with an accountant who is up-to-date with the latest technology and software. Look for an accountant who uses cloud-based accounting software, as this can help streamline your financial management and make it easier to collaborate with your accountant. 

Reputation and Experience

Finally, consider the accountant’s reputation and references. Look for reviews and testimonials from past clients and ask for references you can speak to directly. With the right accountant on your team, you’ll have the support you need to make informed financial decisions and achieve your goals. 

If you have questions about your business’s accounting needs, contact us.

Another important factor to consider is, does the accountant offer any extra services?

At Pretium Solutions, we’re proud to offer a Client Advisory Board for all clients on monthly packages. Whether it’s help with planning & goal setting, problem solving or some other task, having an independent board of advisers is an essential part of running a successful venture. To learn more about this exciting service, contact us.