Founded by a former IRS Agent

Founded by a former IRS Agent

Evaluate Value from an Accounting Firm

November 4, 2011

Evaluate Value from an Accounting Firm

The services provided by accounting firms are often viewed as commodities. Your accounting firm could, and should, be much more than that.

 To get the most out of this essential business relationship, look to your accounting firm’s industry expertise, professional relationships, and its people to gauge the value you receive.

Industry Expertise – Rather than engaging a firm that wants to be everything to everybody, emphasis should be placed on retaining a firm that has identified specific industry niches where their knowledge and experience runs deep.Firms of this nature will be able to provide valuable advice as it relates to your business, and ultimately your bottom line.

Relationships – Your accounting firm should have well developed networks of professionals and specialists to call on when the need arises. This may sound cliché, but business is all about who you know. Access to sound relationships is a valuable asset that a reputable accounting firm can provide to your company.

People – Let’s face it, accounting, along with most businesses, rely heavily on human capital. Companies should attribute value to their relationships with their Firm’s partners and engagement team. Check out the culture of your accounting firm. Is turnover high? Does it attract quality professionals? Does this impact the client service you receive? You’d be surprised how much value this adds to your engagement.

It’s time to schedule an appointment with Pogosian Nazaryan & Company.