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Finding the Right Accountant

Published: 22/07/2010 by Garry Taylor
 

It might seem strange to put a lot of time into choosing the right accountant in Chorley, but the decision is more important than most people think.  It just might rival hiring a lawyer or choosing a doctor as being the most important professional relationship someone can have.  Since an accountant is going to be privy to your most sensitive financial records, it’s best that you choose someone that is both reputable and trustworthy.  Accountants do more than just do taxes; they also handle audits, planning, and even payroll.  So, whether you’re just someone needing help with their taxes, or a small business owner looking for someone to help you handle payroll, choosing an accountant can come in handy.


First off, you need to decide whether or not you actually need an accountant.  If you’re just doing taxes, you or anyone else can prepare them.  However, in the case of an audit, only a lawyer, a certified public accountant, or an otherwise authorized agent can represent you.  So, choosing an accountant isn’t just something you do if you need your taxes done right.  Doing so gives you a measure of protection just in case the government comes calling, and if an audit needs to be done, they won’t hesitate to find you.


Next, make sure that you select an accountant can answer the questions you need an answer to.  A knowledgeable accountant will be a better aid to you.  No one accountant will have all the answers, but if the accountant is up front with you about their weaknesses as well as their strengths, it makes it much easier for you to make a decision  Compatibility is as important as credentials when it comes to choosing an accountant.  What’s the point of having a strong, reputable accountant if your business is running a system your accountant isn’t familiar with?
Personality and accessibility is also important when choosing an accountant.  Your accountant doesn’t need to necessarily be a social butterfly, but he or she should at least be willing to speak to you and explain things in a clear, concise manner.  Finally, accessibility should be just as important.  It’s not feasible for your accountant to be available 24 hours a day and 7 days a week, but he or she should have a schedule that accommodates you.  There’s no point in having an accountant with inconvenient hours or is located too far away to be able to meet face-to-face.

 

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