Three Big Signs You Need a New Accountant

Hiring an accountant can be extremely challenging, but it can be even more challenging to let go of your current accountant and find a replacement. Because we know how hard it can be, we have created a list of signs you should look for to help you determine when it’s time for a new accountant:

You Aren’t Getting What You Pay For

There is nothing worse than hiring an accountant, or anyone else, to do a job and then seeing your new hire either perform poorly or failing to provide you with services you paid for altogether. Substandard performance should be a major red flag, especially for accountants as many accountants are paid by the hour, and if they aren’t doing the work you’ve paid them for it may be a sign that they are attempting to financially swindle you. Before paying for any services from an accountant, make sure you draft an agreement which lays out in precise terms the various services and duties they will perform for you.

They Refuse to Show You Financial Statements

Your financial statements are important indicators of the financial condition of your company. You should always have access to your statements at any given time. If your accountant refuses to show you your financial statements, it should be a red flag that either they’re not doing their job or that they’re attempting to hide something that they don’t want you to see. Either way, this is a sure sign that it’s time for you to move on and pursue another candidate.

File Tax Returns Late

You can mess things up all by yourself, literally. If your accountant has a bad habit of filing tax returns late, it’s time for you to ditch him or her and simply begin to take things into your own hands. Filing your tax returns late could have severe consequences for both you and your business.

What signs prove to you it’s time to find a new accountant? Leave your comments below.

Image credit: TaxCredits.net