The first thing to do is to determine the type of accounting system you want to use: a manual system that requires constant monitoring by accountants or a computerized system, which is easier to manage and adapt to new developments, but also involves a greater risk of errors for the user if it has not been programmed correctly by professionals who know exactly how to operate these systems and avoid any errors (especially in tax matters). There are many companies that offer their services at a fixed price, for example for monthly or annual accounts.
Is the accountant registered with the Association of Chartered Accountants?
In most cases, yes, accountants are registered with the Order of Chartered Accountants. However, there are situations where this is not true, so it is best to check before signing any document or making any important financial or business decisions with a CPA who is not registered with the Ordre des Experts-Comptables, as it could cost you dearly in the long run if you are defrauded by such individuals!
Registering with the Ordre des Experts-Comptables requires some paperwork and fees, but it is worth it because it means that you will have official proof that you are qualified to practice as a chartered accountant in Quebec, Canada, if you need to in the future (or at least for the next 10 years). It also means that all chartered accountants registered with the Ordre des Experts-Comptables are required to meet certain minimum standards in order to practice in Quebec.
Is your accountant available?
The quality of accounting services depends largely on the experience of the staff involved; the more experienced employees have more experience than those who are just starting out in the business or as individual freelancers, which means that they will be better qualified to solve problems that may arise in the course of the work and to give you good advice on tax planning and other matters related to your accounts and finances in general, as well as on legal matters that may affect your business (for example, company or trademark registration).
The most important thing to remember here is that the longer you use the same accountants, the more their expertise grows, making it easier for them to find solutions to problems that arise from time to time – not only with taxes, but also with your financial statements, bookkeeping, accounting and taxation in general, etc. etc.
For companies in France, we advise you to turn to an accounting firm in Paris France for french subsidiary
Online CPA or local CPA, which to choose?
To help you make up your mind, we asked professional accountants to share their thoughts on this topic:
Why should I use a local accountant?
What’s the difference between a local accountant and a virtual accountant? Why would you need both?
When it comes to accounting services, which provider do you trust more?
How can I determine if my current accountant is doing a good job? What questions should I ask?
What are the most common mistakes made by small businesses? How can I avoid these mistakes?
Should I choose a local accountant or an online accountant?
What do I need to do to become an online accountant?
What advice can I give to new online businesses that are considering starting their own business?
For more simplicity, and for French residents, we highly recommend the accounting firm Vachon & Associée Paris.
Are the fees too high?
Then there is a risk that you will be charged several times more than necessary because the company has a low budget for its services or because it does not have enough employees to manage the work properly in order to provide the best quality of service at the right time to all clients at the same time, and so on…
You will also need to know if your accountant will charge extra for additional services (such as tax advice) or if they will maintain their fixed prices for each type of client (tax advice, accounting advice, etc.).
To be sure before you commit, contact them and ask if they offer fixed prices for different types of clients, then see what they say and what you can expect in terms of pricing, especially for tax advice and advice to business owners and corporations on taxes and financial accounts in general (for example, preparing annual accounts).
If your accountant doesn’t offer a fixed fee, ask if they are willing to negotiate it and be sure to ask for samples of past work to compare their work style to other accounting firms.