What Makes a Fantastic Accountant?
1. Financial Wiz
It's insufficient to just read amounts. Your accountant should be able to sit down on your first visit, flit
through your balance sheet and give you an immediate and precise reading of the state of your
company. If on first visit they can't do this, grab your hat and make for the door! You need a fantastic
accountant and direct and honest guidance can practically feel numbers and business health. They could
do it nicely and they may do it immediately.
2. Big and Small Image Thinker
This really is essential. An excellent accountant understands the detail of your financial statements. That
is what all accountants are trained to do. But a great accountant moves beyond conceptualises and book
balancing and comprehends the international or structural strengths and weaknesses of your finances.
They give you a roadmap of advice on how to get there and see and develop outstanding results for the
3. Have They Grown Their Own Business?
What is the state in their own company? Could it be in very good condition? This doesn't mean they
have created a corporation, but what it does mean is they have a fantastic running company or company
that's healthy and profitable. Have they taken risks? Are they proactive and progressive? Do they apply
modern technologies? These are good indicators. Take note if this is happening and if it is, you may be in
the appropriate spot. If not, locate a beanie who is doing just that!
4. Good Communicating
Does your accountant adhere to account - speak or do they follow best practise plain English as part of
their communications policy with customers? Are communications strained and laboured or simplified
so there's clarity and mutual understanding? You have let's understand this is among the single most
important qualities to you. Clients tell us they want good, simple, bright help. They do not need to hear
about academic theories on the development of taxation legislation in NZ over the previous thirty years!
5. What Sort of Team Does Your Cpa Have?
A great accountant isn't afraid to fire team players who aren't performing for you, the customer. An
incredible cpa will keep trying to find key team players who contribute to a great job. They go beyond
and above to source team members who deliver not only a set of financials, but quality financials that
maximise your return honestly and without cutting corners. There isn't any sloppy at Slaters. It is all
about an excellent team. From Tina (our only brilliant front of house reception man) through to Harsha,
(the leader of our Financials Team) and Beth and Shareena. Excellent staff - longstanding members over
many years - great people who work well together for the team and client.
6. Understands An Excellent Business Model.
It is not about some financials. An incredible accountant helps you to develop an incredibly great, all-
inclusive business model over several years. We're proud to say we have clients who've been with us 25
years and some of these have been challenged to grow and flourish their companies even when it is
been distressing! The ones who've stuck with our big graphic strategies reap the benefits. Have a think
about moving on if your accountant doesn't help you develop a healthy, longterm business model.
7. Are They Easy to Work With?
Up clear costs and front payments? And we don't mean "bundling packages." We decided against these
some years ago in favour of greater transparency. A clear, fixed price you could pay off or pay in one fell
swoop. (Bundling is a monthly payment that can eek away in the background without you ever
completely accessing the full price. It is a confusion for customers as they're locked in to their package
and can't ever actually get anything without paying extra bucks. We don't do that. Not translucent
enough for Slaters and we have seen it eventuate into relationship dislocation between associate and
customer.) Easy to make a scheduled appointment? Are there annoying and sneaky hourly rates hidden
somewhere in the fine print? A fantastic accountant is completely transparent about costs and is also
very reachable. They are not difficult to communicate with and come back to you promptly via email,
phone calls or free meetings. At Slaters it is possible to even pop in and catch Brad and Brett on the hop,
for no additional price. That is ease!
This can be a biggie. Clients have repeatedly reported they're really more comfortable with the
accountant who is NOT out and about at every social function and gathering. You've told us a fantastic
accountant isn't boozing it up at the bar and letting loose with your private financial matters. There's a
code of ethics to adhere to, which has to be taken very, very seriously. An excellent cpa understands
they're dealing with the financial heart and soul of their clients and their families and honours that
These are just a couple of the essential elements you need to search for when sourcing a great
accountant. We hope it helps you. And remember, should you be looking to change beanies or find the
one that can actually help you, do not hesitate to email us in at the office on [email protected] . You
can even book a free appointment online here . Make an appointment and talk with Brett about
improving your financial future. It's free once you speak with Brett, and chances are you will come on
board with Slaters.