switching accountants

Changing accountants is a common decision businesses must go through in their lifetime. Many accounting firms are stagnant and do not evolve with their client’s business and hence leave business owners no choice. If you take the right approach, changing accountants is a very straight forward and simple process.

The process to change an accountant is very straight forward. The first step is to identify the ‘why’ of switching your accountant. The second step is to find a better alternative to your previous accountant and schedule a meeting with them. Choosing the right accountant can significantly boost your business efficiency and help you focus more on business growth initiatives.

After your have selected your next accounting firm and done your due diligence, you need to speak to your previous accountant. This process will involve setting dates for departure, paying any unsettled bills and explaining the reason for leaving.

This is one of the hardest steps for business owners, but a crucial one. Do not let awkwardness get in the way of your business. Hesitating now can cost you a lot of time and money later.