Qualities of a Good Chartered Accountant

You might already be aware of how important it is to start looking into Chartered Accountants Brighton for your business, but it’s even more important that you hire a well-qualified Chartered Accountant. Even though Chartered Accountants have to undergo rigorous training in order to earn their titles, it’s best if you have a Chartered Accountant with whom you get along. As you’re searching, keep your eyes open for certain qualities.

Education

Individuals from a variety of educational backgrounds can become chartered accountants, but those who have a degree in either finance or business might be able to skip some of the required exams. Any Chartered Accountant you hire should have at least three years of training and work experience. You’ll also want to work with accountants Brighton who are properly certified and have undergone the necessary continuing education courses. While not part of education requirements, Chartered Accountant should also have professional indemnity insurance for their protection as well as yours.

Skills

Good Chartered Accountants should be just as gifted at problem-solving and analyzing as they are with math. They should be able to work with a wide range of individuals and might choose to specialize in a certain area of business. You’ll want to make sure that your Chartered Accountant is one who will give you their honest opinion about a business decision or accounting system that you’re thinking of implementing, even if it’s an opinion that you weren’t hoping to hear. Your accountant is there to help you grow your business, not tell you everything that you want to hear.

Simplicity

There’s a lot of technical jargon that can go along with accounting and business finances. Good Chartered Accountants Brighton are ones who will describe everything to you in terms that you can understand but at the same time aren’t condescending. You probably aren’t familiar with every section on a tax form or the latest tax regulations, and your Chartered Accountant shouldn’t expect you to be.

Confidentiality

Chartered Accountants have access to vast amounts of financial information, and they should have the integrity necessary to keep all of that information to themselves. The only time an accountant might have to break that confidentially agreement is whenever one of their clients is involved in criminal activity. Your accountant should also follow all relevant regulations and laws in addition to avoiding any activity that might besmirch themselves or their profession.

While you’re searching for compatible Chartered Accountants Brighton, sit down and interview them so that you can be sure that the both of you are a good match for each other.