How to choose the right type of accountant for your business

The accountant/client relationship is an important one. This is the person who’ll be by your side as you navigate the choppy waters of business ownership, so you’ll need to choose wisely.

Here are eight pointers on how to choose the right type of accountant for your business.

1. They must have the right experience

Whether you’re a sole trader, limited company, contractor, start-up or a larger business, check whether an accountant has plenty of experience dealing with an enterprise of your type and size before you commit to hiring them.

This will ensure they’re totally clued up on new and emerging tax laws which might be relevant to your operations, such as the recent IR35 legislation for contractors.

2. They need to understand your business and its goals

If an accountant is going to help your business sustain and grow, they’ll need to take the time to hear about how your business works and your plans for its future.

Remember, there is no one-size-fits-all approach to planning for the future and you and your business are unique. An accountant who asks the right questions such as, “Where do you see your business in one, five or twenty years”, could be the right accountant for you.

3. They should be available

Ask if you’ll get your own designated accountant or account manager – who you’ll have good access to – before signing up. They should also be available – not just for the big stuff like scheduled calls and meetings, but for random requests and quick-fire queries too.

Online accountants offer increased flexibility, greater visibility of your company’s overall state and usually a more rapid response time, which is why many people choose them over the more traditional desk and meeting-based model of accountancy.

4. They should know your level

If you’re new to the business world, you may not know the ropes yet. Your accountant should understand this – not bamboozle you with jargon and sigh impatiently if you ask question like, “What is a dividend?”

If you’re more seasoned in the business world, this will matter less to you, but if we’re just starting out, we’d recommend getting a feel for how clearly they explain things during your initial contact.

Accounting Made Easy

QAccounting have the right accounting solution for you! We think it's essential to keep accounting simple and avoid any jargon to make our customers' lives easier. So what are you waiting for, use our quick and easy form to get a quote and switch to our affordable accounting service today.

5. They should be easy to work with

This applies to them as a person – are they a good communicator? – as well as to the systems they use.

Any online accountant worth their salt works with industry-standard user-friendly software like Xero, QuickBooks or FreeAgent, making it easy for you to see the state of your accounts at any given moment. Some accountants even offer their own bespoke in-house software in addition to this.

6. Their reputation should proceed them

In the accountant-client relationship, trust is key. So, when it comes to selecting an online accounting service for your business, they’ve got to be reputable.

Even if they talk a good game, take the time to do your own research before signing up. A company with a good rating on or a similar site speaks volumes about how happy their customers really are with their services.

7. It should be clear what they’ll cost

The way accountants charge for their services can be a little confusing, especially to a newbie. It’s always best to go with a fixed fee – whether monthly or ad hoc – to avoid any doubt about your final bill.

A fixed fee accountancy charge tends not only to be the far cheaper option, knowing what it’ll cost you every month will make it simple to keep track of expenditure.

8. They should enable a smooth switch

It’s a myth that switching accountants is difficult. Some accountants might want you to believe that it’s a total headache – which makes it less likely you’ll want to leave them!

Your accountant should be prepared to get in touch with your outgoing/ future accounting service for a smooth handover if needs be.

accountant talking to client

Bottom Line

At QAccounting we offer hassle-free accounting services for any business and pride ourselves on building strong relationships with our clients. If you are new to accounting, looking for a bespoke accounting package or are thinking of switching accountants then we have the expertise to meet your needs. Get in touch with a member of our friendly team today!

More Blogs

Who pays corporation tax in the UK?

If you’re looking for information about corporation tax in the UK, explained in an easy-to-understand way, you’ve come to the right place. Read on to find out who pays corporation tax in the UK, how it is calculated and filed, the penalties for non-compliance, and top tips to keep on top of your corporation tax obligations.

Accounting Team

Why choose a specialist e-commerce accountant over a general accountant

Are your ecommerce sales soaring, but your profits aren’t increasing as much as you’d like? Are you worried that you may not be setting enough aside to pay your tax bill when the time comes? If you’ve been asking yourself any of these questions, it’s likely that you’ve already decided to look into hiring an accountant. The number of accountants out there can seem overwhelming, and it can be tempting to make your choice based primarily on price. However, can you be sure that a general accountant fully understands your type of business? That’s where specialist ecommerce accountants come in.

Accounting Team

The benefits of using an accountant for small business

Being a small business owner means wearing many hats. With so much to do, it can be challenging to stay on top of it all. To help ease the load, many entrepreneurs turn to accountants for extra support to ensure the financial well-being and overall success of their businesses. Serving as financial custodians, accountants for small businesses play a crucial role in maintaining accurate and compliant financial records, ensuring adherence to the complex regulatory landscape. Beyond the traditional scope of bookkeeping, they are instrumental in strategic financial planning, offering insights into budgeting, cash flow management, and tax optimisation. Accountants act as advisors, guiding small businesses through economic uncertainties and helping them navigate changing tax laws. Their expertise is not only pivotal in avoiding compliance issues and potential audits but also in providing essential support for sustainable growth.

Accounting Team