What Makes a Fantastic Accountant?
Xero Help 1. Monetary Wiz
Xero Help It's not enough to just read numbers. Your accountant should be able flit through your balance sheet, to sit back on your first visit and give you an instant and accurate reading of the state of your company. Grab your hat, if on first visit they can not do this and make for the door! You want direct and honest guidance and a brilliant accountant can practically feel amounts and business health. They are able to do it well and they can do it instantly. 2. Big and Little Image Thinker
That is essential. A great accountant understands the detail of your financial statements. This really is what all accountants are trained to do. But a great accountant goes beyond novel balancing and conceptualises and gets the global or structural strengths and weaknesses of your financial situation. They develop and see exceptional outcomes for your company and give you a roadmap of advice on the best way to get there. 3. Have They Grown Their Own Company?
What is the state of their own company? Could it be in good shape? This does not mean they've created a corporation, but what it does mean is they have a great running company or firm that is thriving and healthy. Have they taken risks? Are they progressive and proactive? Are they in step with the times? Do they use modern technologies? These are great indicators. Take note if this is occurring and if it's, you may be in the proper spot. If not, find a beanie who is doing just that! 4. Great Communication
Does your cpa adhere to account - talk or do they follow best practise plain English as part of their communications policy with customers? Are communications labored and laboured or simplified so there's clarity and mutual understanding? You have let us know this is one of the single most important qualities to you personally. Customers tell us they need good, simple, intelligent help. They don't want
to hear about academic theories on the growth of taxation legislation in NZ over the previous thirty years! 5. What Sort of Team Does Your Accountant Have?
A great accountant is not scared to fire team players who aren't performing for you, the customer. An incredible accountant will keep searching for key team players who bring to a fantastic job. They go beyond and above to source team members who deliver not merely a set of financials, but quality financials that maximise your return honestly and without cutting corners. There isn't any sloppy at Slaters. It's all about a terrific team. From Tina (our just amazing front of house reception person) through to Harsha, (the leader of our Financials Team) and Beth and Shareena. Fantastic staff longstanding members over many years - great people that work well together for the team and customer. 6. Understands a Good Business Model.
It is not just about a set of financials. A fantastic accountant allows you to develop an extremely great, complete business model over several years. We are proud to say we have clients who've been with us 25 years plus some of these have now been challenged to grow and flourish their companies even when it's been painful! The ones who've stuck with our large picture strategies reap the benefits. Have a think about moving on if your accountant does not help you develop a healthy, longterm business model. 7. Are They Easy to Work With?
Up front payments and prices that are clear? And we don't mean "bundling packages." We determined against these some years ago in favour of greater transparency. A clear, fixed price that one can pay off or pay in one fell swoop. (Bundling is a monthly payment that can eek away in the background without you ever totally accessing the full price. It's a confusion for clients since they're locked in to their package and can't ever actually access anything beyond their bundle without paying extra bucks. We do not do that. Not transparent enough for Slaters and we have seen it eventuate into relationship dislocation between associate and client.) Simple to make a scheduled appointment? How about hidden costs? Are there annoying and hourly rates that are sneaky hidden someplace in the fine print? A fantastic cpa is totally transparent about costs and is also very reachable. They're easy to talk to and come back to you personally immediately via e-mail, phone calls or free meetings. At Slaters you are able to even pop in and catch Brett and Brad on the hop, for no additional cost. That's ease! 8. Trustworthy
This is a biggie. Clients have reported that they're really more comfortable with the accountant who's NOT out and about at every social function and gathering. You have told us a brilliant accountant is not boozing it up at the bar and letting loose with your private financial matters. There is a code of ethics to adhere to, and this must be taken very, very seriously. A fantastic accountant understands they're dealing with soul and the fiscal heart in their clients and their families and honours that advice accordingly.
These are just a few of the key elements you have to look for when sourcing an excellent accountant. We hope it helps you. And remember, in case you are looking to shift beanies or find one which can really help you, don't hesitate to email us in at the office on firstname.lastname@example.org . You may also book a free appointment online here . Make an appointment and talk about improving your financial future. It is free and chances are, once you speak with Brett you will come on board.