Business Network New York
Companies:50,158 (+18)
Products and Services:2,438 (+2)
Articles and publications:17,913 (+26)
Tenders & Vacancies:15

How to Choose an Accountant for Your Business

How to Choose an Accountant for Your Business
4/30/2020
Choosing an accountant should be as careful and thorough as if you choose a doctor or lawyer.

The consequences of the poor work of an accountant can be just as dangerous. Hiring an unqualified accountant is a big mistake, which can cost you a significant amount of money. 

When you look for an accountant, many factors depend on the type of activity, the size of the company, and the site that the accountant will conduct. In this article, we will tell you how to choose an accountant for your business. This information will help you orient yourself when choosing an employee.

1. An accountant should have proper education

Bookkeeping is one of the most changing areas. This means that what was relevant yesterday, today may no longer work. Despite the fact that a diploma doesn't guarantee up-to-date knowledge and excellent work, professional education is the foundation on which all further work is based. It is easier to build knowledge on a solid foundation, otherwise, the employee will avoid areas he or she is not aware of. It is possible to risk and accept a person who worked in related fields, only if the work involves simple operations of the same type.

2. An accountant should be experienced

It’s better if the accountant has a vast experience in similar work. However, you shouldn't confuse experience and employment. For many years a person could be registered as an accountant, performing simple operations without encountering unusual situations and critical tasks. This doesn't mean that he or she is an experienced specialist.

You should be interested in real experience, and not be satisfied with the previous position. Ask what functions the candidate performed, what difficulties were encountered, and what results in the work were achieved.

3. An accountant should be plodding

The work of an accountant is most often routine. If a person needs constant activity and finds it difficult to sit still, it is better to look for another candidate. In this case, he or she will quickly lose interest, start to make mistakes, or completely quits. This means that you will have to start searching for an accountant again.

4. An accountant should be honest

Honesty is a key quality of a good accountant because he or she has more opportunities to rob a company than any other employee. Without honesty, neither experience, nor education, nor any other positive qualities are important. On the contrary, the smarter and more experienced the accountant, the greater the damage to the company if he or she is dishonest.

5. An accountant should have an analytical mind and curiosity

A bad accountant works only in one route, doesn't ask questions, and doesn't expand knowledge. This means that he or she will not offer anything new and will not save the firm’s money. Moreover, a curious accountant will discover various benefits for the company.

6. An accountant should know how to work with documents

The ability to work with documents is an important quality of a specialist because not everyone can translate a business language into an understandable one. Most laws and documents are full of terms and written in a complex language. If your accountant finds it difficult to understand what is written in reports, the likelihood of errors in work dramatically increases.

The bottom line

When you look for an accountant, it is better to avoid candidates with qualities such as restlessness, carelessness, and haste. All of these factors increase the likelihood of errors. Moreover, you should understand the only one error can lead to additional reports, taxes, fines, disputes with customers and employees, and even litigation. That's why you should thoroughly assess the professional and personal qualities of accountants in hiring.

view all (113)

Other articles and publications:

Being a small business owner is not a cheap and simple thing to do. You have to make essential financial decisions every once in a while. Financial resources are very restricted in small businesses.
11/26/2020
Start a Business in the U. S.
6/30/2021
You can start introducing solid products to your baby from the age of six months. Before this age, it is recommended to only breastfeed your child.
3/5/2019
Getting top dollar value from the sale of your old car is a great way to save money when buying a new car.
1/24/2020
Have you ever wondered whether your office meets your needs? It is a widely known fact that a properly divided workplace can significantly improve efficiency and lead to higher productivity.
1/31/2020

Articles and publications of other companies:

Quanet is well-renowned & one of the Top Audit Firms in Dubai providing Accounting & Auditors, advisory and company services to clients all over the globe.
11/2/2019
Are you struggling to manage your accounts receivable? Then, no worries. With QuickBooks accounting services, you can keep your accounts receivable on the right track with multiple robust features.
1/1/2021
Outsourced Bookkeeping for CPA's
11/24/2019
Business details
I am Amelia Grant, journalist, and blogger. I think that information is a great force that is able to change people’s lives for the better.
×