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Any businessperson needs to count on their accountant as a vital partner in their business. As is true about entering into any partnership, one should carefully choose an accountant.
Here are some desirable characteristics of an accountant who will serve your business well.
Paying penalties because you filed your tax return or paid taxes too late could be a sore mishap for a business or individual. An accountant should notify their clients well in advance when due dates are near and help prepare for them. Choose an accountant that is not the eleventh-hour type.
Make sure your accountant is knowledgeable about the latest technology in accounting software. These modern accounting platforms could offer many benefits, like saving time and money. Your accountant should live fully in the third decade of the twenty-first century.
Just as you need to stay at the cutting edge of your specific industry, an accountant requires continuous education to stay abreast of changes in matters like tax laws. They cannot offer your business the best advice and services if they are not fully updated.
Good communication is essential to any successful relationship,including the one between you and your accountant. If your accountant is not communicating well, it could lead to costly misunderstandings.
Before commencing a business relationship with an accountant, ensure that you initiate a conversation about their billing practices. The last thing you want is a surprise every time you receive an invoice from them.
Your accountant deals with one of the make-or-break aspects of your business – your finances. You need to rely on them to have your best interests at heart, handle data carefully and complete their work for you efficiently and expertly.
You need peace of mind that your accountant's practices and advice are strictly above-board. They need to comply with their industry's professional code of conduct and maintain the highest standard of ethical values in all aspects of their services.
An accountant who does not merely check your financials but offers insights into how your business can improve its profitability and productivity will add considerable value to your undertakings.
All of the above factors should be taken into account (mind the pun) in your search for an accountant.
At Huysament Westraad Inc, we believe that we score highly on all of these traits. Read more about us, our practices and our clients' experiences in working with us. Feel free to contact us if you would like to discuss it further.
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