When it comes to hiring an outsourced certified public accountant, you are going to want to make sure that they check off all of your boxes. In today’s blog, we will be going over a quick cheat sheet for you to use when hiring an outsourced individual to perform your business’s accounting, bookkeeping, and financial analysis services.
1. Find a Certified Public Accountant with Experience
When doing your research, you will want to make sure that you find a CPA who has experience working in your specific industry. For example, if you are a real estate agent, you will want to find a certified public accountant who has worked with a real estate company. Hiring a CPA with experience in your field helps you to better understand what you face, and can help you address your concerns in regards to your specific business’s finances.
2. Find a CPA Who Does Financial Analysis
You will want to find a certified public accountant that can review your business’s financial health in order to help you move forward. Ideally, you want to get key health indicators such as your gross profit margin, aging accounts receivable, net profit, and so forth on a day-to-day basis. This allows you to make the most informed business decisions with the information your CPA provides.
3. Meet With Them or Schedule a Phone Call
Because you are looking for someone who is a good fit to work with your company, schedule a meeting or a phone call. This way, they are able to listen and understand your needs and provide you with information about themselves as well. When you have your meeting, craft a list of important questions you will want to have answered before moving forward with hiring.
4. Avoid Doing It Yourself
Remember, there is a reason why certified public accountants go to school and take a strenuous exam — accounting is an extremely unique and important specialty profession that should always be done by a professional.
When you hire an experienced CPA, they can execute the process without any errors because they fully understand the process. This is crucial for your business because errors can easily lead to a negative monetary impact on your business. While you may think that handling your own accounting and finances will save your business money, it could easily do just the opposite. Get in contact with our team at Beyond Basics Accounting Resources in Nashville today for more information about our certified public accountant and the services we provide to see if we are a good match for you!