Advantages of and how to find a 'specialty accountant' for your business.

Organizations while deciding to choose an accountant to focus on many criteria but not some essential ones like to find an accountant who is a speciality accountant. A competent speciality and local accountant is a priceless resource to organisations. Why you need a speciality accountant is speciality accountants provide extensive accounting services and have industry knowledge in accounting, which sets them apart from their generalist counterparts.

A proficient speciality accountant lays a strong, firm business foundation for companies, thereby training them in tackling even the least suspecting accounting woes. Moreover, they help enterprises save time and money through their accounting services. Filing taxes as an enterprise is different from filing taxes as an individual, as there are way too many deadlines to remember and manage. It is not possible for business owners to single-handedly manage all of these. In such scenarios, speciality accountants are the go-to lifesavers who, on behalf of the business owners, file declarations and returns, cover audits, prepare taxes and manage finances and payroll, thereby preventing any penalties and fines.

• A specialized accountant is a value addition to the organization as they come with the rich domain experience.

• They can even help to strategies the marketing and business growth plans.

• A specialised accountant can suggest certifications for the company which will be beneficial in long run.

How to hire a speciality accountant?

Once you have identified your accounting needs and have made the decision to hire a speciality accountant, the next task is to find an accountant, that fits your requirements. Some of the places you can look at to find an accountant are listed below.

Referrals: Referrals from friends, family members and business peers can work a long way in helping you find the right and a local accountant. Since your acquaintances will vouch for the expertise and professionalism of the accountant, you can be assured that you aren’t stepping into unknown lands.

Networking: You’ll be surprised by the number of talented and qualified professionals you’ve been missing in your own business network. Networking within your business community and meeting experts at accounting events can introduce you to several potential local accountants who are specialists that you can choose one from.

ACCA and CPA Agencies: You can check in your requirements with professional state agencies that have a master list of ACCA and CPA certified accountants. From their almanac, you can discover candidates located close to your business, within your state or even your city. You can also narrow down your hunt by areas of expertise so that you have a fine list of qualified professionals to interview.

Job Portals: Pen down a job advertisement that has a relevant title, an enticing summary and a clear job description. Be concise and specific so that it is easier for applicants to decide if they qualify, or if the job is relevant to their experience.

After shortlisting strong candidates, the next task is to interview them. To know if your accountant can match up the speed of the evolving technologies and market, ask him questions like ‘how will you ensure automation and workflow streamlining is done while ensuring high data confidentiality?’ If he is able to answer this in a satisfactory way, you know that he will grow along with your company. Hire the best candidate—make an offer and start the onboarding process.