There is no doubt that your accountant has a thorough understanding of who you pay, who pays you and how to keep your book of accounts maintained. Just because your hired accountant is so deeply involved in assisting with your financial decision-making needs, your company relationship with him should be the one that is built on a foundation of trust and transparency. However, sometimes building that kind of loyal relationship is not so easy as it seems and when that trust no longer exists, it may be the right time to switch.
Reasons to consider switching to a new accounting firm
Behind every serious action, there are several reasons which compel one to move to another accounting firm. Below, we have mentioned those key reasons when business owners start seeking for dedicated accounting help elsewhere.
If an accountant is not industry-specific, they may lack the basic knowledge of your business. When the business owner gets the feeling that the accountant isn’t “getting it” in regards to their specific business needs they may consider switching to a firm that specializes in their industry.
Some business owner becomes frustrated when they can’t reach their accountant on-time either via phone or email. This is one crucial reason which compels the owner to make an instant switch.
If a dedicated accountant of the firm passes away, retires or moved out of the organization, business owners can utilize this opportunity for a fresh start.
Sometimes business owners paying too much for accessing accounting services that may not even do justice to their expectations. This is usually the case when you have either hired an in-house accountant or a firm that charges higher and has trapped you into a contract.
If you have had any of the above concerns or facing them, it is time to think about finding a new accounting firm to meet your business needs.
Advantages of switching to experience and trustworthy accounting firm
If you have been thinking about leaving your current accounting firm, with a better understanding of the reasons and advantages of hiring a new one you can hire the best one in the industry. Switching to a new accounting firm or professional is an investment that always moves in business favor.
