Not all accountants work for an accounting firm but if you hire an accountant that works for a firm, they are at least vouched for when it comes to their credentials and skills since the firm would not hire them if they don’t have the qualifications and competencies. At least with that, you would have peace of mind that you are hiring an accountant who could fulfill your requirements.
An accounting firm is also recommended especially if you would be needing the services of accountants with various specializations. At least you would not have to look for another accountant, the firm themselves could recommend the accountant that you need.
One of the major considerations that you need to think about is the fee proposed by the accounting firm. No matter how good the firm is if it would bankrupt you, don’t hire them. You should continue looking for a firm that you could afford. Don’t go for big accounting firms just because they are prestigious and well known since smaller accounting firms could be as good as the big ones. Sometimes the smaller ones could even provide a more personal approach.
You would need an accountant for various reasons. Similar to other professions, accountants also have different specializations such as the usual, filing of taxes, auditing the numbers, etc. But an accountant that works for a company to do all their accounting services also needs to be an expert in that industry. An accountant that manages the books for a logistic company would not be a suitable professional for an educational institution or a company that is in the hospitality industry since the accounting task performed is different. An accountant also needs to be familiar with the various financial laws that the sector or industry is under.
An accounting firm must have accountants that are always available when their clients need them. They should be the one adjusting to their clients’ needs instead of the other way around. A good xero accountants Brisbane branch will be at the beck and call of their clients, not only during tax filing season but always. A dedicated and committed accounting firm would have accountants that reach out to their clients at regular intervals to check on their business’s development and if there are any aspects of it that they could still provide their expertise.
Level of customer service
Since you would be dealing with the accounting firm a lot of times, it would help if they are pleasant and easy to talk to. No one wants to deal with a service provider that is grumpy and or difficult to deal with. The first interaction with them and you would already determine if they have the level of customer service that you prefer.
The above-mentioned considerations must be at the top of your mind since the accounting firm will be the one responsible for all your accounting transactions and might even be the reason for your business to succeed or fail.