It is essential to approach the choice of an accountant carefully. Some enterprises use the services of a full-time specialist and some resort to the services of outsourcing companies. Unfortunately, not everyone can boast of a positive experience with a full-time accountant. This inevitably leads to errors and shortcomings in the work of the company. So, how do you choose the right accountant so as not to make a mistake and hire a true professional for the team? So, let’s know here How to choose the right accountant?
How to choose the right accountant?
Finding a good accountant is not easy. You can check this accountant company. They have great experience in accounting for your business’s specific needs. However, by following our simple tips, many mistakes can be avoided. An accountant is a precious employee of a company. He has complete information about the state of affairs in the company (its profitability or unprofitability). It can help you avoid many problems, including tax audits. He must confidently perform his work and be responsible for it. Competent construction of accounting in the company is the key to its prosperity. So, see below How to choose the right accountant.
Qualification:
Constant interaction with the hired accountant. In the first stages of work, a competent accountant should have questions about how accounting was previously kept at the enterprise. He may require additional primary documents to prepare the balance sheet and other necessary reporting. If the accountant does not have such questions, this may indicate that the reporting will not be drawn up correctly in the future. This will lead to validation problems.
Information about the field of past work of an accountant. Even at the interview stage, you need to ask what area the accountant worked in earlier. Accounting can be conditionally divided by complexity into 3 levels. The service sector is simple, trade is medium, and production is complex. An accountant with a false will quickly master the intricacies of a complex level if his experience is limited only to a superficial level.
Experience:
Experience in dealing with regulatory authorities. The experience of successfully passing tax audits is significant. And in everyday work, an accountant must competently communicate with representatives of regulatory authorities and respond to their requests promptly.
A good and experienced accountant should do more than just mechanical work. He must know the current legislation, be interested in its changes and offer management ways to optimize taxes legally. Thanks to such knowledge of an accountant, an enterprise can significantly reduce its tax burden in a short period. To do this, he must introduce new and legitimate changes in the company’s accounting.
Services:
Competent organization of accounting and documentation storage. A good accountant keeps all documents in a strict order. Primary documents should be sorted into folders in chronological order and entered into the database. When asked where this or that figure came from, the accountant must quickly answer. If the accountant cannot promptly provide detailed information upon request, this may indicate a mess in accounting.
Systematic preparation of a report on the work done. The accounting department must communicate with management and provide information in an accessible form. In addition, the accountant must communicate to management information about possible problems in accounting and propose methods for solving them.
Security:
A professional checks all the data. Checking an accountant for attentiveness is very simple. You can give him a contract or an invoice for payment with an intentionally made mistake, for example, in payment details. A professional will quickly notice the error and fix it. If this does not happen, we can conclude that such an accountant will systematically make mechanical errors.
The accountant must clearly understand the strategy of working in your organization. An experienced specialist should not only work on the principle of analogy but try to bring something new to the organization of accounting. Something that will help make it better and more analytical.
Know about Priorities:
Compare how much time an outsourced accountant will spend working with your firm with how much time your in-house accountant needs. This information will help you assess your accountant’s workload. In addition, the outsourcer works with several enterprises at once. Therefore, if your accountant constantly complains about excessive workload, this may indicate incompetence or improper organization of working hours.
The cost of services of a full-time accountant. It is necessary to ask about the market value of accounting services for a certain amount of work. This is dumping if a candidate for an accountant position is ready to work at too low a price. As a result, this may negatively affect the quality of service. A good accountant should receive a decent salary.
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