According to the National Association of State Boards of Accountancy, currently, in the United States, there are more than 665,000 CPAs who are actively licensed. Of course, you only need one, and finding the right one for your needs can take some effort. Continue reading to learn a few helpful questions to ask any certified public accountant that you’re thinking about hiring.
CPAs handle financial matters for a wide range of clients. This means that they may have a shallow knowledge base across many different industries and business niches. There are also CPAs who drill down into one practice area. If your needs are unique to your industry, be sure to ask if any CPA that you’re considering holds that relevant experience. Prepare a few questions that will require them to show the depth of their knowledge base regarding your industry or niche.
In addition to filing taxes and ensuring that your firm remains in compliance with all rules, laws, and regulations, you may want to hire them to perform other services. These services could include bookkeeping, payroll management, business valuations, and general financial planning. Once you find a CPA that you know and trust, it makes sense to shift more duties and responsibilities their way. This allows you to keep your team of advisors as small and nimble as possible. The more they can help with these matters, the more time you’ll have to focus on your business.
If you’re considering hiring a certified public accounting firm, you’ll want to know who will handle your affairs. If your needs are quite involved and specific, a more experienced CPA is probably best for your needs. Conversely, if the services you need are fairly straightforward, a more junior member of the firm could be appropriate. Be sure to ask this question, as doing so can save you money.
As a professional and local certified public accountant firm, we’re qualified to help you with a wide range of financial matters. Contact Brown, Chism & Thompson today and schedule an introductory consultation to learn more about our services.
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