Tips on Finding the Best Accountant
Any business or organisation requires the services of an accountant. There are numerous roles that accountants play such as advising on tax obligations, handling the revenue books, bank reconciliations, and end of year profit and loss accounts. Today there are many accountants in the market, and it can be tough to find the right one. If you select an unqualified accountant, you might put your organisation and risk and can even be at risk of going to jail, say for example as a result of not paying the right amount of tax. As such, it is paramount that you take your time before selecting an accountant. To find the best Accountant Adelaide there are several tips that you need to keep in mind.
The first thing that you have to look at is the certification. You need to find a chartered accountant. The Institute of Chartered Accountants of Australia is the one that certifies accountants in the country. Make sure you visit their website to see the full list of registered chartered accountants. The Institute of Chartered Accountants of Australia is one of the professional governing bodies that is mandated to oversee the performance of accountants. Other institutions include the Institute of Public Accountants and Certified Practicing Accountants of Australia. Ensure that either of the above bodies registers the person you choose. Some are even members of more than one meaning that there are more qualified.
When looking for a tax accountant, you should consider the size of your business or organisation. Some firms are enormous and may require complex accounting expertise; however, if your business is small, there is no need for resulting in expensive accountants since the accounting needs are minimal. As such always, inquire about the fees that an accountant will charge for their service. Another thing to look at is specialisation. Some accountants are specialised to handle a particular field. For example, an accountant can be dedicated to tax returns making him ideal for handling tax-related issues. Therefore, you should select the best accountant Adelaide who has experience in the kind of service that you require.
Since accountants will handle confidential financial information about you, it is always advisable to find somebody you can trust. Even though the law prohibits accountants from revealing a client’s data to another party, one has to be careful when selecting the best accountant Adelaide. Use referrals to find an accountant that you can trust. Also, consider the kind of customer service that the accountant offers. Does the accountant pick your calls? Is he available? And how promptly does he or she respond to emails? Make sure that you are comfortable with your selection for the best results.