Those interested in hiring a CPA should ensure the individual in question holds an active CPA license, has the necessary experience, and is compatible with your needs in terms of personality and communication style. Remember, you are trusting this individual with sensitive financial information so it is essential to choose someone with honesty and integrity. It is also worth noting that different types of CPAs have varying levels of experience and training, which is often reflected in their fees.
When choosing a CPA, consider performing the following procedures:
- Get in touch with your banker, lawyer, or insurance agent to get recommendations. Ask colleagues in your line of business if there are any CPAs they can trust.
- Ensure you have specific plans and objectives for you or your business before talking to a CPA. This will allow you to ask the right questions.
- Make sure the CPA you choose is licensed to practice in your state.
- Ask the CPA which professional organizations he/she is a member of and how active he/she is in these organizations. This is important because the aforementioned organizations have codes of practice, which every member must adhere to.