One question that will come up immediately is whether or not you need a Certified Public Accountant (CPA).

For most people, the answer is ‘Yes’, since a CPA can help you set up and maintain your accounting system, generate the reports you will need to manage your business, provide annual audits, and help you with your tax planning.

Some things to look for in a CPA are:

• License to practice
• Experience with your type of business
• References
• Hours of availability
• Trust
• Feeling comfortable with them

The best way to find a CPA is through referrals from other professionals such as your banker or lawyer.

I’d like to hear what you’ve got to say about business accounting. Please leave a comment…