What Should You Consider While Choosing an Accounting Company in Canada?
                     What Should You Consider While Choosing an 
Accounting Company in Canada? 
 
 
It is a fact that a trustworthy accountant can have lots of functions in your company besides only 
looking after your tax returns. Hiring a competent accountant will help you to get rid of certain 
financial problems or stresses that you might encounter if there is no proper accounting support. 
One can consider an accounting firm to be a valuable investment for all types of companies, big 
as well as small. It is important to follow the proper methods while selecting one of the top 
accounting firms in Canada. Below we have mentioned several steps that will help you in the 
long run. 
 
1. Services 
 
The majority of the accounting companies will provide tax and auditing services. However, what 
about management consulting, bookkeeping, and estate planning? Will the accounting company 
help you to implement and design financial information systems? Amongst the other services 
which they can provide you, mention may be made of preparing, reviewing, auditing, and 
compiling fiscal statements, representing you in front of the tax authorities, and evaluating 
transactions for financing and loans. 
 
Although most entrepreneurs like to go for smaller accounting firms, they will not provide them 
with all these services that we have mentioned above. Make certain that the company satisfies 
all your requirements. Apart from services, ensure that the company has experience with your 
industry as well as small businesses. 
 
2. Fees 
 
It will be a sensible idea to ask the top accounting firms in Canada regarding their fees upfront. 
The majority of these companies will be charging by the hour. On most occasions, these 
companies will charge fees according to the services provided by them. Nevertheless, you will 
come across certain accounting companies that provide a fixed fee spread along with monthly 
payments. Try to find out exactly what services you require and which option will be more 
affordable for you. Request different accountants to provide you with quotations. 
 
Make sure to get a proper estimate of the annual charges depending on the services required 
by you. However, your decision should not be based only on the cost. As compared to a 
beginner accountant that is charging less, an accounting company charging more by the hour 
will be more experienced and will be able to be more productive in the long run. After 
interviewing the candidates, request them to show you testimonials or references especially 
from customers in the identical industry as yours. 
 
3. Personality 
 
Try to find out whether the style of the accounting company is compatible with yours. Also, 
make sure that the individuals you are coming in contact with will be the same individuals who 
will be working for your company. While assessing compatibility and competency, ask the top 
accounting firms in Canada how they will handle any situation pertinent to you. Listen to their 
replies and decide whether it is how you like them to handle your affairs. Bear in mind that it can 
be beneficial to have an accountant who uses a different method to get the job done. Also, 
make certain that the accounting company does not pressurize you on performing anything that 
you are not comfortable with. It is concerned about your money, and you should have complete 
peace of mind. 
Contact us 
 
Address : 15300 Croydon Dr Suite 300 Surrey, BC V3Z 0Z5 
Email: [email protected] 
Phone No.: 604 947 0788 
Website : https://taxlinkcpa.ca/