Sometimes it happens that for various reasons the time has come to change the accountant. Since nowadays accounting is conducted with the help of computer accounting programs, this process is no longer as complicated as it used to be. Of course, the accountant is one of the most important components of a successful company, so when taking such actions, it is necessary to keep in mind that there may be short-term inconveniences during the transition period.
Sometimes such changes help to save money. This happens when the accountant used his working time inefficiently, and the new accountant or accounting firm uses modern information technologies and has implemented procedures that save time and money.
However, often the price is not the main motive for changing the accountant or accounting firm. It often happens that there is dissatisfaction with communication, accessibility or simply the quality of accounting.
If the decision to change the accountant has already been made, we will help you overcome all the challenges that arise and will try to ensure that the change itself, as far as it depends on us, is quick, efficient and does not create endless additional costs. If during the process it turns out that the accounting was not maintained in a timely and proper manner, then at the same time we should also agree on the arrangement of the neglected accounting.
The decision to change an accountant can be made for many reasons. Sometimes, especially small accounting firms with 1-4 employees, due to high workload and competitive pressure, pay a lot of attention to sales, but do not put enough effort into creating an appropriate system, quality control, organizing the business and supervising the personnel, which is often reflected in the quality of the work performed. Often, small accounting firms have limited human resources, then at certain times it may be difficult to reach their accountant and other quality problems may arise. The main aspects that are expected to improve by changing an accountant may be the following:
- Better service;
- Wider range of services;
- Better accessibility;
- Greater competence;
- More advanced accounting system;
- Better accounting program;
- Lower accounting costs.
It is generally believed that the most convenient time to change an accountant is at the end of the current financial year. This is done so that the previous accountant can submit financial statements and annual returns for the previous year that they handled. This would seem logical, but in this world of information technology, when the information required for financial statements and returns can be easily transmitted electronically, it is not necessary to wait until the end of the year. It is enough to wait until the end of the month – and you can easily and smoothly change the accountant. It is important that the accounting is fully and properly organized.
We will carry out many processes for you. We will take care of the accounting program, if possible – we will communicate with the former accountant regarding data transfer, we will provide instructions with the help of which you can easily connect us to the electronic systems of the main institutions, we will answer all questions that arise during this process and, after reviewing the transferred data, we will share our insights on what could be improved.
Don't forget the accounting contract termination period with the old accounting firm
It is important to remember that accounting firms usually set a certain notice period for the termination of the accounting services contract, which can last from 1 to 6 months. When you decide to change your accountant, you must inform the current accountant about the termination of the contract, then the balances of your company’s accounting data will be prepared after the expiration of the aforementioned agreed period. If your accountant works under an employment contract, then the norms, deadlines and amounts of benefits established by the Labor Code apply. It should be noted that most often, when preparing balances for transfer, the current accountant may no longer be managing current accounting, so make sure that you have a signed contract with a new accountant by that time.
