Selecting the Right Accounting Services for Your Business

A Brooklyn, New York resident, Richard Girasole is an accounting graduate from Villanova University and a certified public accountant in five states. Richard Girasole is the owner and president of Richard J. Girasole CPA, PC, a Brooklyn-based firm that provides taxation and accounting services for personal and corporate clients.

Hiring professional accounting services benefits firms, especially small businesses, in various ways, including reducing financial risks, helping with taxation issues, and allowing them to focus on other income-generating tasks by reducing their workload. However, to achieve these benefits, firms must vet different accounting firms to identify whether their services align with organizational goals.

To find an ideal candidate, businesses should verify if their potential accounting service providers are certified public accountants who have passed the CPA tests and fulfilled licensing requirements. AICPA, or the American Institute of Certified Public Accountants, has a database that lists individuals and organizations providing accounting services that can be a helpful resource for firms to begin their search.

Checking the potential accounting service’s track record and client evaluations also helps to know how well-regarded a prospective firm is. A firm in good standing has professionals with deep industry knowledge and experience offering services such as taxation, auditing, and securing loans. Moreover, accounting firms with professionals holding certifications, such as the chartered global management accountant (CGMA), are ideal since their advanced proficiency in strategies, management, and operations distinguishes them from the rest.