Selecting Your CPA Firm

Get to know the CPA firm that's right for you.

Every financial situation is unique. Here's seven easy steps to finding a CPA firm that's right for you.

1. Compile a list of candidates. Ask trusted friends and colleagues to recommend a CPA firm — one with a reputation for favorable results. Call financial professional societies for referrals. If necessary, look in the Yellow Pages.
2. Schedule an interview with the candidates. (Most CPA firms offer a one-hour evaluation appointment, free of charge.)
3. Prepare a list of detailed questions that relate to your particular problem, situation and needs. (Be very specific.) Also ask some standard questions during each interview:
• Why does the firm want your business? (Is the firm familiar with the intricacies of your business or problem?)
• How big is the firm? (Is it large or small enough?)
• What experience and educational background — including continuing education — have firm members acquired? (Are you impressed, especially in relationship to your specialized needs?)
• What computing technology does the firm use? (Does it fit your immediate or anticipated technology profile?)
• In what format does the firm accept accounting information? (Is the format satisfactory?)
• What are the fee structures and billing policies? (Do they suit you?)
4. Ask if the candidate has any questions for you. (Are the questions sincere and thoughtful? Do they indicate interest in your financial success?)
5. Evaluate the personal "chemistry." (Do you share similar financial values? Are you able to communicate easily?)
6. Consider the firm's location. (Is it convenient?)
7. After you've interviewed all the potential firms, choose the best! (Fishman & Company, P.C.!)