Nadjmat

Episode 113: Seven Questions You Should Ask Your Accountant


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Accountants are essential when it comes to business and even sometimes personal finance. They help with a huge variety of tasks. However, you need a good and open relationship with your accountant if you want to ensure that the relationship is long lasting and beneficial.

To help ensure that you and your accountant are always working alongside each other in harmony, I've picked out these seven questions you should make sure to ask your accountant. There are way more questions to consider and I will definitely continue this series. 

From helping you with your small business accounts or your own personal tax return, these seven questions will help you ensure your accountant will be a benefit to your finances.

  1. What is your communication style? (What record to keep and share?)
  2. What are my deadlines to meet your deadlines?
  3. Where is my cash going? Operating activities vs. investment.
  4. How much cash do I need to run my business for 6 months? #emergency fund
  5. What is my total employee cost? (Full burning cost).
  6. Who's actually doing my accounting?
  7. What is my tax liability?
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    NadjmatBy Nadjmat

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