How to Choose and Use a CPA:

Starting a small business? Upgrading your computer systems? Developing an estate plan or trying to reduce next year's taxes? A certified public accountant (CPA) can help. But, according to the Society of Certified Public Accountants, how much a CPA can help depends on your ability to find the right one and clearly communicate your own goals and objectives.

Referrals

Referrals from friends, neighbors, and co-workers are one of the best ways of locating a CPA. Business people in your field as well as lawyers or bankers can be especially helpful. You also can seek out leads at meetings of the Chamber of Commerce, local small business associations, or the professional associations to which you belong.

In searching for a CPA,

Be sure to look for someone who works with individuals of your income bracket, businesses your size or with financial issues similar to your own.

Interviewing Tips,

When meeting with a CPA, be prepared to clearly explain why you need a CPA's assistance and the results you expect. Then ask about his or her qualifications, profiles of typical clients, and availability.

Determining Your Compatibility,

Like finding the right mate, finding the right CPA requires that you determine the compatibility of your personalities. For example, if you are looking for financial planning assistance and have typically been very conservative and risk adverse, will the CPA help you develop a more balanced investment strategy? What about the frequency with which you want to meet or speak with your CPA? If you are the type of individual who will want to call your CPA once or twice a week, find out whether he or she can provide that kind of access.

Finally,

Don't be afraid to ask about fees.