How to find an accountant that provides accounting services in Dubai, understands your needs, and is also qualified to work with your finances

Finding a qualified, reliable accountant that can meet your needs, while keeping within your budget is not an easy task. If you are just starting up a business or need help managing your finances, it's always better to hire professional accountants for such work. Here's how to find the right accountant:

1. Create a list of requirements for the accountant

2. Find an accountant using the Internet and referrals

3. Ask for references and call them to make sure you like their work

4. Meet in person with your top two choices and check references again before making a final decision on which one to hire

5. Have an interview and make sure you like the way they work and their fees

Why you should hire a professional accountant instead of trying to do it on your own or using online calculators like Turbo Tax

Many people try to do their accounting or think that online calculators like Turbo Tax are sufficient for this type of work. They're not. It's better to hire a professional accounting service in Dubai instead.

1. You can't control what you don't understand

2. If you're starting a new business, it's hard to know what you need until you see your tax return

3. If you're an existing business, you will need help understanding the breakeven point and how much debt is too much debt

4. Many people use online calculators and make mistakes because they assume they know what they're doing

5. It's not worth the risk of not getting the best financial advice or using incorrect numbers

6. Accountants provide personalized services that you can't get with an online calculator

7. It's faster and more efficient to work with someone who does this for a living instead of trying to do it yourself

8. An accountant will keep up on current changes in the tax laws so you don't have to

9. Accountants provide tax strategies for your business, which allows you to save money and stay in compliance with the IRS

10. An accountant will be there when you need help but a tax calculator won't

11. Hiring an accountant is less expensive than hiring a lawyer because an accountant knows what they're doing and can provide guidance from a legal perspective

12. Accountants also offer other services, such as business planning and risk assessment, which are not needed for filing taxes but can help your bottom line

13. You will need financial statements to apply for a bank loan or equity investment at some point in the future

14. If you're an international company, a good accountant is a necessity to stay in compliance with tax laws and other regulations in the areas you do business

15. Accountants work in the  accounting services in the Dubai industry so they know what's going on out there and can provide an objective perspective when making important financial decisions

16. Accountants have experience working with all types of businesses,

The team at Virtual Accountants LLC is a group of Big 4 Accounting Firms providing on-site and off-site services in accounting. They provide effective solutions for small businesses with Cheap Bookkeeping Services in Dubai and affordable rates that are perfect if you're looking to start up or grow your business!

 

Comments