Tips for Choosing the Right CPA

Identify Your Specific Needs

Before interviewing CPAs, do a bit of your own homework. Start with getting a clear understanding of what you need from professional accounting services.

Are you a small business owner looking for comprehensive tax planning and financial reporting? Or are you an individual seeking personal financial advice for investments and retirement planning? By defining your specific needs from the start, you narrow down your options of CPAs, which saves you time in the long run.

Look for Credentials and Certifications

Start your search at the most basic level by verifying candidates’ professional credentials and certifications. You can quickly check an accountant’s CPA status using this site. Also, seek out individuals who are affiliated with reputable organizations like the American Institute of CPAs (AICPA) or your state’s CPA society. These kinds of affiliations help to demonstrate a CPA’s dedication to professional and ethical standards.

Determine Industry Experience

If you’re a small business owner, look for a CPA with experience in your industry. Every business type has its own unique financial intricacies so choosing a CPA with experience in your industry can be a game changer.

For example, if you’re a real estate agent or investor, look for a CPA who specializes in real estate taxes and accounting. Their familiarity with industry-specific regulations and practices can provide invaluable insights and solutions.

Learn about Their Communication Styles

Effective communication is the bedrock of a successful CPA-client relationship! A good CPA should be able to explain complex financial concepts in a way that’s understandable to you. Additionally, a strong CPA should be responsive to your inquiries and be willing to provide regular updates on the progress of your financial reports, taxes, etc.

Ask specifically about how your CPA candidates communicate with their clients. Do they use automated systems to inform you on progress? Do they rely more on email, or do they call you at times? Will you speak more with assistants, or do you have access to the CPA?

Review Testimonials and Referrals

In this world of Google and Amazon, we all read reviews for products. Here’s your reminder to read reviews of CPAs and accounting firms too. Don’t hesitate to ask for referrals or scour online platforms for testimonials. Both positive and negative reviews are strong indicators of a CPA’s reliability and expertise.

Morgan & Associates are Happy to Answer Your Questions

All of the tips above will help you start your search for the right CPA. But one of the best, most effective steps you can take is to begin communicating with the individuals who you think are good candidates. You’ll learn a lot about them and their services.

We welcome you to contact us! Use the form below or the chatbot to start a conversation or to ask questions.

We wish you well on your search.