1. Fiscal Wiz
It's insufficient to simply read numbers. Your accountant should have the ability to sit down on your first visit, flit through your balance sheet and give you an exact and instant reading of the state of your business. If on first visit they can't do this, grab your hat and make for the door! You need a brilliant accountant and direct and honest guidance can almost feel numbers and business well-being. They can do it well and they may do it forthwith.
2. Large and Little Graphic Thinker
This really is crucial. An excellent accountant understands the detail of your financial statements. That is what all accountants are trained to do. But a great accountant understands the global or structural strengths and weaknesses of your finances and moves beyond conceptualises and book reconciliation. They see and develop outstanding outcomes for your own business and give you a roadmap of advice on how exactly to get there.
3. Have They Grown Their Own Business?
What is the state of the own business? Is it in sound condition? This doesn't mean they have created a corporation, but what it does mean is they have an excellent running business or firm that's healthy and blooming. Have they taken dangers? Are they progressive and proactive? Do they apply modern technologies? These are good indicators. Choose note if this is occurring and if it is, you may be in the proper place. If not, locate a beanie who's doing just that!
4. Good Communication
Does your cpa adhere to account - talk or do they follow best practise plain English as part of their communications policy with customers? Are communications labored and laboured or simplified so there's clarity and mutual understanding? You have let us understand this is certainly one of the single most important qualities to you. Customers tell us they want good, simple, intelligent help. They do not desire to hear about academic theories on the growth of taxation legislation in NZ over the previous thirty years!
5. What Kind of Team Does Your Cpa Have?
An excellent accountant is not afraid to fire team players who aren't performing for you, the customer. A fantastic cpa will keep looking for key team players who contribute to an excellent job. They go above and beyond to source team members who deliver not merely a set of financials, but quality financials that maximise your return honestly and without cutting corners. There is no sloppy at Slaters. It is about a terrific team. From Tina (our just brilliant front of house reception person) through to Harsha, (the leader of our Financials Team) and Beth and Shareena. Fantastic staff - longstanding members over many years - great people who work well together for the team and customer.
6. Understands a Good Business Model.
It is not just about some financials. An excellent accountant gives you the capacity to develop a very good, comprehensive business model over many years. We are proud to say we have clients who've been with us 25 years plus some of these have been challenged to grow and flourish their companies even when it's been distressing! Those who've stuck with our huge picture plans reap the rewards. If your accountant does not help you develop a healthy, longterm business model, have a think about moving on.
7. Are They Easy to Work With?
Up front payments and prices that are clear? And we don't mean "bundling packages." We determined against these some years ago in favour of greater transparency. A clear, fixed price that one can pay off or pay in one fell swoop. (Bundling is a monthly payment that can eek away in the background without you ever totally accessing the full price. It's a confusion for customers since they're locked in to their package and can't ever actually access anything without paying additional bucks. We don't do that. Not transparent enough for Slaters and we've seen it eventuate into relationship breakdown between partner and customer.) Easy to make a scheduled appointment? How about hidden costs? Are there annoying and sneaky hourly rates hidden someplace in the fine print? A fantastic accountant is totally transparent about costs and is also very reachable. They're not difficult to speak to and come back to you quickly via free assemblies, phone calls or email. At Slaters you are able to even pop in and catch Brett and Brad on the hop, for no additional cost. That is ease!
This really is a biggie. Clients have repeatedly reported that they're actually more comfortable with an accountant who's NOT out and about at every social function and gathering. You have told us a fantastic accountant is not boozing it up at the bar and letting loose with your private financial matters. There is a code of ethics to adhere to, and this must be taken very, very seriously. A fantastic cpa understands they are dealing with their families and honours and the fiscal heart and soul of their clients that advice accordingly.
These are just a couple of the crucial elements you must look for when sourcing a really good accountant. We hope it helps you on your financial journey. And remember, in case you are looking to change beanies or find one which can really help you, do not hesitate to e-mail us in at the office on email@example.com . You may also book a free appointment online here . Make an appointment and talk about improving your financial future. It is free and chances are, once you speak with Brett you will come on board.