Top Five Things To Look For In An Accountant

One of the most significant advantages of working with an accounting service provider is that it can save you considerable time. Accounting can be complex and time-consuming, particularly if you need to be better versed in the details.

Outsourcing your accounting can free up your time to focus on running and growing your business. When you outsource your accounting, you can tap into the expertise of experienced professionals.

If you’re looking for a professional accounting firm in Toronto, here’s a list of the top five things to look for in accounting service providers.

1. Accreditation
Verifying an accountant’s accreditation is essential. Such certifications are a testimony to their quality of work and knowledge. Moreover, accreditation also shows that an accountant is continually learning because CPAs are required to enroll in continuous education.

2. Knowledgeable
Look for someone knowledgeable and in touch with the latest technology and products. The intricacies of one industry are different from those of another sector. Therefore, an accountant must know how your industry works. They should have sufficient knowledge of their field of accounting as well.

3. Expertise
Check for relevant expertise. An accountant must possess experience relevant to their client’s needs. For example, a start-up’s accounting needs differ significantly from those of a large corporation. If you are a new business owner, you must ask an accountant if they can assist you in setting up your business based on your needs or if they only work with established names.

4. Communication
Accounting is a highly specialized field with its jargon and language. Therefore, accountants must communicate with their clients in a language they understand. Moreover, you should also ask an accountant if they are willing to teach you in case you want to learn. However, one of the most important aspects is that the accountant should be reachable at all times via phone call, email, etc., or get back to you at the earliest.

5. Equipped to deal with contingencies
You must always check if an accounting firm has adequate staff to assist you in an emergency or whether they have a contingency plan. If they don’t have a backup for the staff or hardware/software, it may become a significant problem for you, especially in filing tax returns, which is a time-bound requirement. An excellent accounting firm should always have a plan in an emergency.

If you’re looking for a professional accounting firm in Toronto, Ontario, reach out to Rati Raithatha CPA Professional Corporation.

Our depth of knowledge through experience and education provides our clients with outstanding accounting and tax solutions. RRCPA strives to provide our clients with the best accounting service to flourish in their businesses. We use a collaborative approach allowing us to leverage the expertise of our talented team members. We serve clients across North York, Scarborough, Toronto, Markham, Richmond Hill, Vaughan, Mississauga, Brampton, and the Greater Toronto Area.

Get in touch with us today!

To learn more about the services we offer, please click here. For more information, please call us at 416-490-6880 or email us at info@rrcacpa.com.