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How To Hire the Right Accountant

Update: When I originally posted this article, I only made mention of CGA’s and CA’s. Thank you to Brian Peteson, MBA, CMA, CFP of BP Group [1] in Ancaster Ontario for letting me know that Certified management Accountants (CMA’s) also practice public accounting. 

It is important to understand that when you hire and accountant, or any professional for that matter, that you are entering into a business arrangement. And when you enter a business arrangement it is critical that the professional you are partnering with is both competent and trustworthy. Therefore, you should always perform some level of due diligence before making the hiring decision.

What Do You Want From Your Accountant?

Before looking for a professional account, you should being to think about what you want the accountant to do for you. Remember that the more you ask any professional to do, the more it will cost you.

Here is a list of services a local accounting practice may offer:

Questions To Ask The Accountant

Once you have figured out what services you need, you can then being to compile a list of questions to ask the accountant. Some questions you should consider asking include:

These sorts of questions are a little uncomfortable to ask and be asked. But they give you a clear picture of the type of person you are dealing with and you can make an informed decision.

Questions To Ask Yourself

Once you have interviewed a few accountants and considered the responses. It’s time to ask yourself some questions: