Top Tips When Switching To New Accountants

I’m always happy to pass on great info...and this is great info! I’ve included a few snippets below lifted from the full article.

There may be times in your business where as a small business owner you may have to look for a new accountant. This could be because you are setting up a new business in itself or in conjunction with your existing businesses, and would like advice on tax planning. It could also be because you have an existing accountant and would like to change, as the current level of service being provided is not up to standard.

From the perspective of existing business owners, changing your accountant may seem like a challenging process at first, especially if you have been with your current accountant for a long period of time and have built a personal relationship, but are looking for a change nonetheless. Here are a few tips that can help you with this decision and ease you into the changeover process:

• Communicate: Contact your current accountant to let them know that you will be moving on. Make sure that all affairs such as BAS’s and tax returns are completed, or make it clear to the accountant that any outstanding works will be performed by the new accountant. This way, you will not be presented with a bill upon your leaving and have a nasty surprise which could potentially break down the relationship with your current accountant.
• Do the research: Either through referrals from your contacts, internet searches or advertising, before making the decision on your new accountant make sure that you have done sufficient research to know that the new accountant is the right choice for you. You can arrange to meet with them for an initial meeting to get an idea of what services the accountant provides and which will be of use to you. Be careful not to overanalyse as this may clog your mind with unnecessary data and you may end up on the lookout for a while.

Do you need more detail on this subject? Head on over to the full article here for more ideas and perspective. Afterwards, why not drop me an email to share your thoughts [email protected]; or call me on (0429) 011-071.

To your success,

Ian