For more than 7 years our Accounting Vancouver company have helped hundreds of small and medium sized businesses to supply the accurate financial information needed for their daily management needs and for critical business decision-making.
Our Vancouver Accounting firm supports various types of business clients including, but not limited to:
- Dental cosmetic laboratories
- IT & Business Consulting
- Flooring and Renovations
- Property Management
Our Vancouver accountants also can help you to customize, install and provide you with ongoing support of the latest QuickBooks software to meet your unique individual clients needs.
We specialize in:
- Monthly bookkeeping and accounting services
- GST/PST/WCB remittance
- Payroll and payroll remittance
- Bank reconciliations
- Year-end tax preparations
Your accounting can be more affordable than you may think.
Call today for free consultation and pricing: 604-757-2702
We provide business accounting services in Burnaby, Vancouver, North Vancouver, Richmond, New Westminster, Coquitlam, Surrey, West Vancouver and the whole Lower mainland.
Call us today 604-757-2702
What You Need To Know To Find The Best Vancouver Accounting Firm
In the past, many Vancouver businesses would simply hire an accountant who could crunch numbers fast and ensure all the books were within reason. However, as businesses have changed and evolved so has the role of the accountant. An outstanding certified accountant is a necessary part of running a streamlined and efficient business.
Off the top of your head, do you know your accountant’s first and last name? If not, that means you only see them maybe once a year and that is for tax season. If this is the case, you need to call your accountant and have lunch and discuss what your business needs.
What is worse are businesses that are not protecting themselves with any accountant! This is a dangerous situation that could be putting your business at serious risk. With that in mind, we are going to look at what you need to know to find the best Vancouver accounting experts.
1) Stay Connected
One of the most important things you can do to grow your relationship with your accountant is to stay interested and in the loop. While your accountant may sound as though they are speaking another language, try to understand and ask questions for those terms that are foreign to you. In fact, a good accountant will have a well-established blog or website that should help answer all of your questions.
2) Understanding Costs
As the role of the accountant has gotten larger and more prominent in the business, their fees have done so as well. It is essential for every business to know and understand how much they are going to have to pay their accountant and what that entails in their duties. The vast majority of accountant charge an hourly rate. One can expect this in the range of $150 to $400 an hour, and is determined by what you are expecting from your accountant. There are those accountants who are willing to be paid via a regular salary and those who are willing to be billed for their services. For a company that is just starting out it is usually within their best interest to hire an accountant who is willing to be billed.
3) How Accessible Are They?
Depending upon the size and scope of a business, this is going to vary in importance. Most newer businesses need to discuss issues with their accountant at more regular intervals. For this, they need an accountant who is going to be available almost around the clock. However, there are those businesses that are well-established and don’t need constant updates. Here the accountant works on their own terms as they generally know what is needed and expected of them.
4) What Are Your Specific Needs?
This is quite possibly one of the most important questions that a business owner must ask themselves before hiring an accounting Vancouver firm. If this question is not asked or answered properly, the business is more than likely going to end up with the wrong fit for an accountant. One needs to know if they just need an accountant for tax purposes, general advice, or helping the company to grow. It is important to know that accountants are more than just tax preparers and have the ability to help a growing business on a wide range of topics. Choosing the right accountant can have a serious impact on the general growth of the business.
5) Ask For Referrals
One of the best ways to find an experienced and professional accountant is through a referral from a client or other business. This allows more of a peace of mind that if they did a good job for this acquaintance they will do a good job for your business as well. In fact, most accountants who get a new client through a referral put more time and energy into the job to ensure that they offer good service and are worthy of the referral. After all, this is who a good accounting practice grows and prospers.
6) Understand Their Past
While this is not one of the most important aspects of the process, it can be helpful. Knowing if an accountant owned a business and what the outcome was with that business will give important insight into how they handle their affairs. This allows one to better understand their weaknesses and abilities slightly better before signing them on to your business.
As you can see, there are several issues to consider when choosing your accounting company. These tips are designed to help you choose the best of the best in Vancouver. Hopefully, these tips will make finding and choosing the right accountant slightly easier and your business will grow and prosper from their insight and support on a yearly basis.