The Holistic Accountant - How can you tell if your accountant is doing a good job or not

How can you tell if your accountant is doing a good job or not

03/21/23 • 8 min

The Holistic Accountant

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This week, Mena and Stuart discuss how to tell whether your accountant is doing a good job or not. We discuss:

The fact that fees tend to be either end of the spectrum I.e., too cheap or too expensive.
Some signs to look out for are:
- Shares/units owned personally or operate as a sole trader
- No distribution strategy i.e., large retained profits in business.
- No discussion about exist strategy – if you are close to selling/retirement
What to do if you think your accountant isn’t doing a great job.

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'.

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Send us a text

This week, Mena and Stuart discuss how to tell whether your accountant is doing a good job or not. We discuss:

The fact that fees tend to be either end of the spectrum I.e., too cheap or too expensive.
Some signs to look out for are:
- Shares/units owned personally or operate as a sole trader
- No distribution strategy i.e., large retained profits in business.
- No discussion about exist strategy – if you are close to selling/retirement
What to do if you think your accountant isn’t doing a great job.

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'.

Previous Episode

Start-ups: what are blockhole expenses and how to treat them

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This week, Mena and Stuart discuss:

What is blackhole expenditure
Types of expenses included under blackhole expenses
How to treat these types of expenses in your tax accounts.

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'.

Next Episode

Will buying a motor vehicle help you minimise tax?

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This week, Mena and Stuart discuss:

Common strategy recommended by a lot of accountants, but it does it provide much tax savings?
Stringent log book record keeping
Exception for utility vehicles
When to put a motor vehicle in your business name
Borrowing capacity considerations and funding considerations

If you would like us to cover a particular topic, please email us at 'advice at prosolution dot come dot au'.