Time to evaluate your accountant?
It’s that time of year. Plans are being made, budgets fussed over and suppliers evaluated. How has 2013 been for your business? Has it been a successful year or do you feel your business could have achieved more?
Who has been driving your company in 2013 and how can you achieve better results in 2014?
I believe that as an accountant and trusted advisor to my clients it is my duty to ensure their business is running as efficiently and effectively as possible. Most entrepreneurs and owner/managers work very hard for their business. I like to make sure that their business works very hard for them also. You deserve it.
So is your business getting the attention and value it deserves from your accountant. I’ve compiled a list of questions to ask of yourself. And remember, if overall you do not feel that the answers you get are not favourable then talk to your accountant first. Oftentimes things can be worked on and improved. It may be a simple case of cross wires in terms of expectations.
- How often do you see your accountant?
- Does your accountant ever volunteer information which may benefit your business?
- Do you have to week several days for an ‘appointment’ to speak with your accountant?
- Does your accountant have an in depth knowledge of your business and it’s financial affairs or does he need to refer to another?
- Do you get the impression that you are small fish for your accountant?
- Do you only hear from your accountant when fees are due to be paid or when the year end company accounts are being finalised?
- Does your accountant have a high staff turnover?
- Do you ever feel like your accountant is on the side of the Revenue Commissioners?
Having a dedicated and proactive financial partner for your business could make a massive difference to your company’s growth potential and bottom line in 2014 so don’t be frightened to question the service you are getting.