Our team at Balanced Bookkeeping of NC has extensive experience in the accounting business, and you can count on us to provide the expert services you need. Hiring an accountant to manage your company’s finances is a great way to take this stressful process off your own plate, but it’s important to make sure you choose the right accountant.
In this article, we’ll go over a few signs you should consider replacing your current accountant with a new one.
- Poor Documentation – Part of an accountant’s job is to document your business’ financial transactions and to give you regular updates. A good accountant should be giving you monthly financial statements summarizing the most important information you need to know, which will allow you to make informed decisions. If your current accountant is slacking on this part of the job and no longer keeping you updated about your business’ financial state, we encourage you to think about hiring our team instead.
- Inaccurate Reporting – Another sign it’s time to get a new accountant is inaccuracies in your monthly financial statements. You are relying on your accountant to keep accurate records of your finances, so if you spot errors in their reporting, it means they aren’t doing their job reliably. Our team has the right experience to make sure all your reports are completely accurate so you can trust the information in them.
- Slow Communication – A third situation in which you might want to hire a new accountant is if your current accountant starts to take too long to get back to you when you communicate. If you have to wait weeks before receiving answers to your questions, then it’s time to find someone who will reply to you faster.