Questions to Ask an Accountant Before Hiring Him/her

For many businesses, be it a small business or a large firm, finding an accountant is essential and a bit overwhelming at the same, considering the fact that most accountants are members of related professional groups. As a business owner who is ready to hire a tax accountant, you want someone who can provide useful information for your business aside helping you save money and avoiding potential trouble with IRS (Internal Revenue Service).

We tend to think of accountants as people who deal with numbers, but a good accountant does more than figuring the numbers, a good accountant will figure the numbers and communicate what the numbers mean to us. Before you hire him/her, get to know the person you will be working with by asking the right questions. It will give you lots of credible information about this particular accounting and tax professional, to figure out which one is the best fit for you and your business.

Confuse business owner

To make things a bit easier, here are six questions you should ask before hiring an accountant:

What Areas Do You Specialize In?

 This is a good question to ask an accountant before hiring him/her. Just like other fields, most accountants have areas they specialize in. Whether it is environmental accounting, personal financial planning, auditing information technology, or making payroll easier, you need to find out what the accountant you’re about to hire really likes working on, and whether that area of specialization is vital to your business.

Do You Have Experience With My Kind of Business?

 Another good question s to ask about their experience with your type of business. Having an accountant that understands and has experience in your field is very helpful, as all business types are not handled the same way from a tax and accounting perspective.

 An accountant who has experience with your kind of business will have an easier time understanding what your needs are, and also expect the types of challenges you’re likely to face so you can prepare ahead.

Busy desk bookkeeper

To make things a bit easier, here are six questions you should ask before hiring an accountant:

How do you like to work?

 This particular question is probably one of the most important questions to ask an accountant you intend to hire. This is because you need to know whether your candidate’s personalities and working style fit in your requirements aside from his/her qualifications, competence and professionalism.

Why should I hire you as my accountant?

 When you ask your potential accountant this question, you should be expecting a brave and rational answer. The work of your accountant is to employ all legal means to minimize your tax exposure and in turn, improve the company. If the potential accountant is unable to provide a valid reason why you should hire them, perhaps you should not.

How do you bill for your services?

 This question is different from, “How much do you charge for your services?” though you must ultimately ask that question also. You need to know the billing model of your prospective accountant, as this will help ensure your outlooks make even with that of your accountant.

What else do I need to know about working with you?

This question, when asked allows the accountant to address anything they believe, is essential to address. The question, on the other hand, gives you a chance to know their behaviour and openness.

Choosing the right accountant for your business is a crucial step to take. These six questions will, without any doubt, make the screening process a bit easier for you. You may work with your accountant for many years, so it’s well worth a little of your time and effort to ensure you hire the candidate that best suit your needs.