What to Look For in a Certified Public Accountant (CPA)

Look for a CPA that best suits your businesscost. In fact, many of the larger CPA firms have
needs, and ensure they are state licensed. Yououtsourced bookkeeping (sometimes misspelled
can check with the local board in your state. Thebook keeping or bookeeping) to lower their own
records are in the public domain. You can alsocosts. Some savvy small business owners have
check with the university in your potential CPA'schosen to follow suit with their own bookkeepers
resume to make sure their degree is real.(sometimes misspelled book keepers or
A qualified CPA firm should be versatile, and comebookeepers) outside of their local market.
prepared to offer you references. And don't beAsk your CPA if they are a member of the
afraid to make direct contact with thoseAICPA (American Institute of Certified Public
references with a list of pertinent questions andAccountants) or state society of CPAs. Again,
concerns. It is not impolite to ask probingchecking the good standing of a CPA firm is easy
questions if done with courtesy. Finding a CPA isto do and in the public domain.
just too important a task to leave to chance.And, of high importance on your list of questions,
Learn about your CPA's business practices. Howwhat is their hourly rate? You can expect to pay
often will they meet with you? Will they be the$75 per hour for a qualified CPA. Well worth the
one working directly on your business, or another,cost compared to the pitfalls of not obtaining the
more junior, member of their accounting firm?proper financial consultant. You can also consider
Many small businesses now work with CPA firmshiring a much lower cost bookkeeping firm for
and qualified bookkeeping firms online - bymore mundane functions. Both bookkeepers and
working with a provider remotely, your smallCPAs usually have their place on your small
business can still get top-notch service at a lowerbusiness team.