Choosing an accountant can be a difficult task. For a start there’s a lot of us out there. And if you haven’t used an accountant before it can be difficult to know what services you need, and how much you should be paying for them. Thankfully there is now some help out there.
The main accountancy and tax professional bodies have got together to provide some advice on what you need to bear in mind when choosing an accountant.
Top tips are:
- make sure the accountant you choose is qualified to do the work you want them to do. Accountants who are members of one of the main professional bodies (eg the ICAEW and the CIOT) will have passed rigorous exams and will be required to meet certain standards, including keeping their knowledge up-to-date. If you aren’t sure if the accountant you are speaking to is a member of a professional body, ask them;
- make sure you get on with them. It’s important to have a good working relationship with your accountant as you’ll be surprised how often you’ll need to call on them for help. Remember that with some bigger firms the person you first meet may not be the person you deal with going forward. If this is the case, make sure you meet the person you will be dealing with before making a decision; and
- be prepared to switch. If you’re not happy with the service your accountant provides then look for another one. There are lots of good accountants out there and you shouldn’t be afraid of changing. It won’t be as difficult you think as your new accountant – assuming you choose well – will deal with the handover and ensure that everything goes smoothly.
And remember that many accountants (ourselves included) offer a free initial consultation so that you can get to know them and discuss what they can do for you. We would always advise that you take them up on the offer – who would buy a car without test driving it first?
If you would like some assistance or have any questions on the above or any other areas of accounting or tax, please contact us at firstname.lastname@example.org
Applause Accountancy Services Limited takes every care in preparing material to ensure that the content is accurate and up to date. However, no responsibility for loss for anyone acting from or refraining from acting as a result of this information can be accepted by Applause Accountancy Services Limited.