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Finding a reliable accountant

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					?In general, when looking for something, decisions are made on the basis of the
locality, an advert found in the phonebook or recommendations from family, friends
and colleagues. Generally speaking that's not a problem what so ever, but when it
comes down to the choice of an accountant, (chartered, tax, etc.), most people don't
really know what they should be looking out for in their search. Remember, these are
the people you are handing your financial records over. Taking the time to find out
something about the company you select will make all the difference between an
accountant who is just doing their job and one who will be loyal and inventive.




If you need help with your yearly tax return or run a business that requires employing
an accountant, then it can be quite a mission to find a competent accounting firm
offering professional and expert help.




An accountant can be invaluable if you are self-employed or running a business.
Some of the services they offer include completing tax returns, keeping company
accounts, financial planning, auditing and book-keeping and advice on anything from
buying new machinery to selling shares to the general public.




Rules, regulations and laws are constantly changing. If you already have your own
business or are in the process of setting one up then you know how important it is to
be up to date. This is where the accountant comes in. These professionals are the ones
that are aware of the current changes concerning financial activities that might affect
your business. With a capable accountant you can be sure your business is in good
hands so you'll never have any problems with the complicated changes by
governments on how to fill out tax returns and the penalties imposed if other financial
commitments are not taken care of.




Accountants can save you from spending your valuable time by maintaining all the
essential paperwork for you and they even advice you on ways to cut costs. For
example, because a dependable accountant will be up to date on tax laws and
legislation, they will save your business quit a lot of money. It's crucial to select an
accountant fitted to your company as they will not only keep the records and finances
updated and in order but can also smooth the progress of expansion.
To find the right accountant is the difficult part. The first place to start is on the
internet. Preferably you want an accountant in your local area that has been
established for a number of years, this will enable you to meet them face to face to
discuss your needs and requirements and check out their reputation and qualifications.
Ask around colleagues and business owners in similar industries for their
recommendations and opinion. You could also ask your financial planner, bank and
insurance agent for their advice.




There are only a few companies in Australia which offer an accounting firm referral
service. These firms can find you professional help in your local area for free. Make
sure that the members of their network are fully qualified Chartered Accountants or
Certified Practicing Accountants. If you are searching for a general chartered
accountant or require a specialist, they should be able to help you locate one in a
location of your choice. They can provide a range of accountancy services, from
financial planning to trust accounting, from setting up a company and auditing to
superannuation.




Always check for accreditation from an officially recognized body, especially if you
are thinking of selecting an individual accountant. Only registered agents are allowed
to charge for preparing or lodging a tax return. If you worry about the costs of an
accountant then keep the following in mind. Large accountancy firms might have the
advantage of offering their services at more competitive rates, whereas a smaller
company could provide a more personable service and commit more time to your
account. Thus the question is; do you want quality or quantity? Don't hold back on
contacting a firm to ask questions and advice before making that decision. Chew over
the area you need advice or help in as companies often specialize in particular fields,
for example if you are setting up a small clothing company, the accountancy firm you
select should be clued-up and have some clients and thus experience in this sector.




Find an accountant or an accountant firm that responds quickly to your questions,
speaks your language and has an understanding of your industry. An accountant is not
just a tax specialist, but they can offer advice and guidance that can lead your business
in the right direction and into the future, if you ask for it. Handing your financial
records over to someone you don't know involves a lot of trust and co-operation. It
has to feel right.
Michiel Van Kets provides articles for
Adrian Raftery who is the owner of the website accountantsRus. Adrian is an expert
in finding the right accountant firm in Australia for you. If you need tofind an
accountant this is where to look.

				
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