Perfect Accounting Process As Per Your Requirements Now

You are there! Your business is up and you now need to hire an accountant. If this is good news, many of you have considered delegating responsibility for recruitment. It’s a hard decision to make because you’re going to trust someone who has access to confidential information, but that’s also why you have to be in charge of recruitment!

Here are some tips and tricks to know before you start:

Do you need an Accountant or a Chartered Accountant?

If your business grows, you will need an internal accountant to handle the day-to-day business. Do you need a chartered accountant? As we said, a certified public accountant is a stakeholder outside your company, like a lawyer. He differs from an accountant by his diploma, his experience, the scope of his missions but also by his liability insurance, guarantee that covers his client in case of error. He has a level of study BAC + 8 and can audit your accounts, help control tax returns or assist you in a tax audit conducted by the tax department or by social agencies. Applying to a chartered accountant is a good thing, even if you already have an accountant internally. It secures and makes grow your business. At the toronto accounting firms you can also crosscheck.

Define what you will pay

While an accountant is an employee of your company, the accountant is an outside worker to whom you assign one-off or recurring assignments. Accountants and accountants help you from day-to-day management (recording of accounting documents) to more exceptional representations, such as during a tax audit. Many companies have an in-house accountant for day-to-day operations and rely on a chartered accountant for transaction control, advice and special coaching on more specialized topics.

Ask for recommendations from people you trust

The best way to find the best accountant is often the easiest! Solicit your network, ask your friends and colleagues if they know people who are trustworthy and who share your values.

Make your market

Meet at least 3 accountants or accounting firms before choosing one. Remember that he will work for you. Ask him any questions you want; remember that he will work on essential aspects of your business. More than ever you will have to be 200% sure when you make your decision!

Check his references

Ask to have reference letters from other clients, or even to talk to them. Since the accounting year is really different from one sector to another, focus on customers who are in the same sector as your company!

Measure your level of responsiveness

Imagine an accountant who is not able to give the numbers in time … or who cannot give you the essential information about your business while you’re in an emergency situation … unimaginable right? When recruiting, you must evaluate your level of responsiveness. Ask them specific questions and ask their customers how they rate it.

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