Accountants Should Have These Three Things
#1 They Should Have Membership to a CCAB Body
The CCAB is a forum of sorts for six independent chartered professional accountancy bodies. It allows these bodies to have a voice in how the profession moves forward, including how the general public perceives the industry. In order to be an accountant in the UK and parts of Europe, you must be a member of this organisation.
#2 They Should Have Experience
Because it's important that your financial records are perfect, experience is a must. You don't want to find out too late that numerous errors have been made or that the company you hired has no clue about how the finances of your company are supposed to work. Some accountants only specialise in personal finances, while others provide businesses with financial services, such as investments and employee payroll matters. Ask how long the company has been in business and how much experience the primary accountant for your company has. If you're not satisfied, keep looking.
#3 They Should Have Competitive Rates for Their Services
You don't want to pay three times as much as required by another company. While you can expect to pay more for exceptional service, the fees should still be somewhat in line with other companies. While the final decision is obviously up to you, don't allow your company to be charged more than really is necessary.
Another Things to Consider
You can check out different accountants by getting in touch with the Better Business Bureau. Look for any unresolved complaints. It's one of the most effective ways to weed out those companies that you really should avoid.
A Final Thought or Two
Choosing a financial professional is a serious matter. If they don't do their job professionally and correctly, it can end up costing you a lot of money, but you may also find your company in trouble with the authorities. It's worth your time to do a little research now. Make your choice wisely to avoid problems later on.