If you are looking for the right accounting and bookkeeping firm in Brisbane, it is advisable to do some homework. What may work for others may not work for you. Finding an accounting and bookkeeping firm in Brisbane suited to your needs will be a breeze if you consider the factors mentioned below.
Having the right accountant matters as they will help your business grow.
What are your business needs?
To start, ask yourself the following questions:
- What will an accountant do for you?
- Do you need someone for bookkeeping and accounting?
- Do you only need someone to prepare your taxes?
Laser-focus your search efforts by finding out the following:
- Consider the accounting qualifications
- Area of specialisation
Prior experience in your industry always comes in handy. It will help if you look for an accounting and bookkeeping firm in Brisbane that has some experience in your industry or specialises in the same.
Nature and size of the firm
While a big firm will offer you the specialisation, a small accounting and bookkeeping firm in Brisbane will be more responsive to your needs and have more time for you.
The reputation of the firm
Never hesitate to ask around about the accountant or the accounting firm.
Referrals
Talk to your family, friends, and other business owners. If you hear someone talking about a fantastic accountant, do not hesitate to ask for their details.
Fees and Billing
Some accounting and bookkeeping firms in Brisbane charge hourly; other firms work on a retainer basis.
Find out who their clients are
Speak to other business owners who are clients of the accounting firm. This will help you know if the existing clients are satisfied and they have experience in your industry.
Are they tech-savvy?
Are they still using Google and Excel? Or are they updated with the latest technology that can make accounting more manageable and more efficient?
Cloud Accounting Software
Are they familiar with the software you are using? If you are not willing to switch, does the accountant have prior experience with the software you use?
Go slow
Don't be in a hurry to find an accountant or accounting firm. Do your due diligence and select someone who understands your business and the requirements.
Interpersonal skills
An accountant will be good at math, adept at Excel, and up-to-date with tax laws. But what about their ability to work with others?
Level of service
Do you need complete bookkeeping services? Then go for an accounting firm that employs bookkeepers because a firm that doesn't have bookkeepers for routine tasks will charge more.
Audit Support
Someone who has worked with ATO will be in a better position to guide when facing an audit.
Ask them the right questions
Prepare a list of questions to gauge their experience, trustworthiness, and overall alignment.
Contact us
Hiring an accountant can be time-consuming and challenging. Businesses hiring the service of an accounting firm in Brisbane can get in touch with us. We can map your business, analyze its goal and then source the perfect candidate
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