What to Look for in a Business Accountant

What Should an Accounting Firm do for My Business?

  • Is the focus of the firm strategic tax planning or simply tax preparation?
  • Does the firm specialize in small and medium sized businesses?
  • How long have they been focused on businesses?
  • How long has the firm been in business?
  • Does the firm know what the benchmarks are for my particular industry?
  • Is there more than one accountant in the firm?
  • Do they have banking relationships?
  • Does the firm have a system?
  • Will the firm prepare and help me understand my financial statement?
  • Does the firm reconcile bank accounts and credit card accounts every month?
  • Does the firm do payroll in house?
  • What does the firm do in the case of an audit? 
  • What type of financial planning can I expect?
  • Is there a fixed fee structure?
  • Does the firm understand QuickBooks?
  • What certifications does the firm have?