Hiring an accountant isn’t just about crunching numbers—it’s about finding someone who will help your business grow, save money, and stay compliant. But with so many options out there, how do you know who’s the right fit? It’s not just about qualifications; it’s about choosing someone who understands your business, communicates well, and can provide real value beyond tax season.
Here’s what to look for when hiring an accountant for your business.
Know What You Need Before You Start Searching
Before you even begin looking, get clear on what you actually need. Some businesses just want an accountant to handle taxes once a year, while others need someone more hands-on to manage bookkeeping, payroll, and long-term financial planning.
Think about your business size, complexity, and future goals. Are you looking for someone who can scale with you? Do you need help with cash flow management? Answering these questions will help you filter out accountants who don’t match your needs.
If your business operates in a specialized industry—like restaurants, e-commerce, or real estate—you might need an accountant who understands the unique tax rules and financial challenges that come with it. A generalist might not cut it.
Credentials Matter, But Experience Matters More
Yes, certifications like CPA (Certified Public Accountant) or CA (Chartered Accountant) are important. They prove a level of expertise and professionalism. But don’t stop there—experience is just as crucial.
Would you trust a brand-new mechanic with your most valuable car? Probably not. The same goes for your business finances. You want someone who has worked with companies like yours and understands your industry’s financial landscape.
Look for:
- Accountants who specialize in businesses of your size and industry
- A track record of helping businesses save money and optimize their finances
- Familiarity with the latest tax laws and financial regulations
An accountant who understands the challenges of your industry can save you a lot of time and stress.
It’s Not Just About Numbers—Communication is Key
Your accountant could be a financial genius, but if they don’t communicate clearly, they’re not the right fit. The best accountant is someone who can explain financial matters in a way that makes sense to you—not just throw spreadsheets and jargon your way.
Some key things to assess:
- How quickly do they respond? If it takes weeks to get an email back, that’s a red flag.
- Do they explain things clearly? You shouldn’t feel lost or overwhelmed when discussing your business finances.
- Are they proactive? A great accountant will give you advice before you even ask for it.
A strong accountant-client relationship is built on clear and open communication. If you feel uncomfortable asking questions or don’t fully understand their advice, they might not be the right fit.
Technology and Tools—Are They Up to Date?
In today’s digital world, your accountant should be using modern tools to streamline financial processes. If they’re still relying on outdated methods, it could slow down your business and make things more complicated than they need to be.
Some key tech considerations:
Do they use cloud-based accounting software like QuickBooks, Xero, or FreshBooks?
Can they integrate with your existing financial systems?
Are they familiar with automation tools to save time on bookkeeping and tax preparation?
The right accountant will not only keep your books in order but also introduce you to smarter, more efficient ways of managing your finances.
Cost: Cheap Can Be Expensive in the Long Run
It’s tempting to go for the cheapest option, but when it comes to accountants, you often get what you pay for. Instead of focusing just on the price, think about the value they bring.
Are they helping you maximize deductions and reduce tax liabilities?
Do they provide financial advice that can help grow your business?
Will they prevent costly mistakes that could lead to fines or audits?
A slightly more expensive accountant who saves you thousands in taxes and financial planning is worth far more than a cheap one who just files your returns.
Reviews, Reputation, and Referrals
Don’t just take their word for it—see what others have to say. A strong reputation is a great indicator of a reliable accountant.
Ways to check their credibility:
- Online reviews – Look at Google, Yelp, or industry-specific review sites.
- Referrals from other business owners – Ask your network if they’ve worked with someone they trust.
- Testimonials – If an accountant has a history of helping businesses like yours, that’s a great sign.
No accountant will have a perfect record, but if you see consistent complaints about poor communication or hidden fees, steer clear.
Long-Term Fit: Can They Grow With You?
Your business today isn’t the same as it will be in five years. The accountant you hire should be able to support your growth, not just handle your current needs.
Think about:
Can they assist with scaling your business, securing financing, or expansion planning?
Do they have experience working with businesses that have grown beyond your current size?
Are they flexible enough to adjust their services as your needs evolve?
If they only focus on tax filing and don’t offer broader financial guidance, they may not be the best long-term choice.
The Final Decision—Trust Your Instincts
At the end of the day, hiring an accountant isn’t just about qualifications and experience—it’s about trust. This person will have deep insight into your business finances, so you need to feel comfortable with them.
Ask yourself:
Do they listen to my concerns and understand my goals?
Do I feel confident in their abilities and advice?
Will they be a true partner in my business’s success?
Choosing the right accountant isn’t just about checking boxes—it’s about finding someone who will genuinely add value to your business. Take your time, ask the right questions, and go with the one who feels like the best fit.