2016-12-14 00:00:00 Finance and Accounting English Find out the key steps a business should take to find a CPA who can bring the right level of services and expertise to the business. https://d1bkf7psx818ah.cloudfront.net/wp-content/uploads/2017/06/08214346/business-owner-greets-a-CPA.jpg Accounting Tip: Choosing the Right CPA for Your Business

Accounting Tip: Choosing the Right CPA for Your Business

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When businesses have a need for auditing services, help with accounting strategies, advice on balance sheet decisions, or assistance with implementing information systems, they need the services of a Certified Public Accountant (CPA). The key is to choose a CPA who can bring the right services and expertise needed by the business. Businesses should follow these steps in their search for a CPA:

  • Identify business needs. Be specific about the services the business needs, such as more advanced accounting systems, financial data analysis or tax representation.
  • Establish minimum qualifications. All CPAs must be certified and licensed. Some provinces require advanced degrees and strict adherence to continuing education.
  • Find the right fit. CPAs tend to specialize in certain industries, market niches, business types and areas of financial expertise.
  • Hire a relationship. Hiring a CPA should be based on the desire for a long-term relationship.

References & Resources

Information may be abridged and therefore incomplete. This document/information does not constitute, and should not be considered a substitute for, legal or financial advice. Each financial situation is different, the advice provided is intended to be general. Please contact your financial or legal advisors for information specific to your situation.

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