How to know your accountant is good.
Core Skills & Knowledge.
A good account will have:
Technical competence: Deep understanding of tax laws, financial regulations, and accounting standards (ASAB, GAAP, IFRS, etc.).
Attention to detail: Catching mistakes others might miss—accuracy matters a lot.
Analytical thinking: Interpreting numbers and spotting trends to give strategic insights, not just crunching numbers.
Proactivity & Problem-Solving
A good accountant will be:
Forward-thinking: Offering advice before problems arise—e.g., tax planning, budget forecasting.
Creative problem-solving: Finding smart, legal ways to save money or fix financial issues.
Communication & People Skills
A good accountant will:
Be able to explaining complex stuff simply: Not everyone understands financial jargon—good accountants make it clear.
Have trustworthiness and integrity: You're dealing with people's money—confidence and ethics are non-negotiable.
Be Responsive: Answering questions quickly and being available, especially during busy seasons.