All businesses and individuals should consider having an accountant. However, it is important that you know how to choose the right accountants in Calgary. By choosing the wrong accountants in Calgary you run the risk of serious tax problems and cash flow issues. There are a number of tips that you should consider when you start looking.
The best way to start looking at accountants Calgary is to get recommendations from people you know. You can also check your local accountant society to see who they have in the area. When considering recommendations you should find out why the accountant is being recommended or why they are not.
Know The Services You Need
Before you choose an accountant you need to have some idea of the services you need from them. If you need help with taxes then you need a different type of accountant to someone who needs help doing the books for their business. Accountants who are able to offer you all the services you need should be considered first because it is better to have one person handling your finances than a range of people.
Large Companies Or Small Practices
You will have the choice of hiring a large company such as KPMG or you can hire a local practice with a few staff members. You need to consider which option you would be more comfortable with. Some people enjoy being able to state that their accountants are a large firm, but other people like the personal touch that a small practice offers. A benefit that you find with smaller practices is that you will have one person assigned to your account and you can contact them at any time.
Interview The Candidates
When you know what you want from the accountant you should make a short list of potential companies. You will then need to contact each of the candidates to meet with them to identify which one you want to use.
When interviewing you should ask them about the services that they provide. Will they be able to offer you everything you need from completing your books to generating reports and tax returns? You should also carefully consider whether the accountant’s style is compatible with your own. Many large firms have partners who handle getting clients, but you should ask whether you are able to meet the person who will be handling your account.