Whether it’s for your business or your personal financial needs, hiring a professional accountant is a great way to save yourself time, money, and invest in your future. In fact most people consider their CPA to be one of their most trusted advisors, which makes hiring the right firm an important and often difficult decision. Here are a few key things to consider when deciding if a CPA firm is right for you.
Industry Knowledge: Regulations and reporting requirements can vary from industry to industry, so look for a CPA with working knowledge of your field to ensure that they understand the unique needs of your business. If your accountant is not knowledgeable in your industry, how much of a resource are they able to be for you?
Professional Development: Continuing education is key when it comes to an accountant’s ability to navigate the ever shifting financial landscape. With tax code changing every year you want a CPA firm that has a commitment to the ongoing professional development of its staff. At MeredithCPA’s we take our continuing education very serious because we understand that our clients depend on us to avoid any upcoming obstacles.
Personal Attention: When you are entrusting your finances to someone you don’t want to feel like you are just another number. Clients of larger firms with high turnover rates often find themselves being passed around to a rotating list of contacts. Others have accountants who never seem to be available when they need them. Communication is important not only for the health of your business but also your peace of mind, so look for a firm with accessible partners and tenured employees with whom you can build an ongoing relationship.
Reputation: In the end nothing is as valuable as a personal referral. Ask individuals you trust who they currently work with or if they have any recommendations for you. Once you have a CPA firm in mind don’t be afraid to ask for references from current clients as these provide invaluable insight about the level of service they truly provide. Here’s what some of our clients have to say about their experience working with MeredithCPA’s. Client Testimonials
The right CPA firm isn’t just an accounting service; they are a strategic partner in the financial future of your organization. If you’re looking for a CPA for the first time or you’ve decided it’s time to make a switch, take time and find the one that best fits the needs of you and your organization. You’ll be glad you did.