7 useful pieces of advice to guide you through the choice of an accounting company to work with.
In case you have decided to outsource the accounting of your company to an experienced accounting experts here are the things you have to pay special attention to:
1. The history of the company and its expertise in various business areas – it is a key factor which you could rely on when choosing an accounting company and eventually feel comfortable working with it. Check whether the company has any recommendations from other clients in order to get acquainted with the areas where the company is long-term experienced.
2. Choose a company with a concise structure – the greatest advantage is that your question will not go through the whole hierarchy and at the same time you will reach the highest management level.
3. Supervision by the head accountant over each one of the cases – ask how the different cases with respect to your company are being dealt with and who is supervising and controlling the whole process – the accountant that is working for your company only, the head accountant, a designated specialist or the manager of the accounting company
4. Team of young people – do not underestimate young people. They are educated, more often than not, they are educated abroad. They are very enthusiastic and ambitious, they easily deal with the electronic communications with the administrative bodies, as well as with the preparation of different reports in English and in other languages.
5. Good working conditions and internal organization of the company – visit the office of the accounting company that you would like to work with. Good working conditions, diligent procedures for receiving and storing your documents, clear rules for work with clients, the quality of the software, the education and the qualification of the employees and the managers are all criteria for the quality of the service you are going to receive.
6. Network – a long experienced accounting company usually has developed a good network of contacts and is therefore able to suggest you various companies that might be helpful for the needs of your company apart from accounting services.
7. Fee quotes – do not use the lowest price offered as the main criterion. Even one invoice may require extensive knowledge of national and international accounting standards, laws, agreements, etc. in order for the operation concerned to be accurately described through it. When deciding you must also keep in mind that any mistake or inaccuracy may invoke the responsibility of your company’s management according to the accounting legislation.
For any questions related to accounting or the provision of accounting services, you could refer to the accounting experts from Debal. In case you have a particular question, please describe your question here.
Violeta Krastanova
My husband and I have decided that it is the time in our lives when we need to hire accounting services to help us do our taxes. It is interesting how you point out the benefit of choosing a company where the head accountant watches over each one of the cases. I hadn’t thought of that but I imagine that that would leave less room for error and show me that they really care about doing the job right. In addition, I imagine that just like any other service, it is important to choose a company that makes you feel valued and comfortable. We’ll be sure to keep these things in mind as we’re looking around!