As your business grows, you may find keeping up with the finances consumes more and more of your time, growing more complex than you can readily handle. At this point, an experienced CPA firm can assist you in meeting these challenges and provide in-depth insights that can help you make better decisions, especially if you're planning to expand the organization or exit the business. Because so much depends on the quality of the services your accountant provides, selecting a CPA firm is a decision that should be made carefully.

3 Steps to Selecting a CPA Firm

1. Determine Your Priorities

Before calling CPAs in your area, spend some time thinking about the services you need. While many business owners only need assistance with filing taxes and other compliance paperwork, you may want more regular services, like bookkeeping and payroll. Many CPA firms also provide detailed financial analyses that may help you identify business opportunities, qualify for financing, or streamline your operations.

2. Do Your Research

Compile a list of local CPA firms, drawing upon personal and business acquaintances, family members, and online resources for potential candidates. Looking up reviews of the companies you're interested in can give you an idea of their client satisfaction level and help you narrow down your options. Finally, check their company websites to ensure they provide the services you're looking for before calling.

3. Schedule Interviews

Many CPA firms do not accept new business clients during tax season, so it's usually a good strategy to schedule interviews several months in advance. During your interviews, try to get a sense of how much attention you can expect to receive from the accountant and whether they have the experience to provide the services you need. Ask how long they've been in business and whether they've worked with clients in your industry before.

Dianne M. Saunders, CPA is an experienced accountant dedicated to providing business owners throughout the Litchfield, CT, area with the high-quality financial services they deserve. Visit her website now to see the full list of services this CPA firm offers, or call (860) 567-3022 to schedule an interview today.