How to Get the Most Out of Your Appointment with Your CPA

Preparing a simple spreadsheet with basic bookkeeping information will help you economize on billable hours when you’re working with an accountant. Don’t be embarrassed, either, to ask your CPA to explain financial terms and concepts that you don’t know.

Maximizing the Time You Spend with Your Accountant

Whether you’re a private individual planning for retirement or a business owner hoping to be able to launch a new product line, working with a Las Vegas CPA can help you manage your finances more efficiently so that you can a head start on realizing your dream. Here are some tips for getting the most out of your meetings and keeping billable time to a minimum.

Preparing Information Beforehand

If you can determine the type of information your accountant in Las Vegas needs to prepare his or her reports and compile it yourself, you’ll cut down on a lot of the time your accountant may otherwise have to devote to crunching your numbers. A simple spreadsheet summarizing that information along with the supporting documentation could cut down on your bills considerably. These days, many accountants use popular software programs for simple bookkeeping tasks like reconciling operational expenditures with accounts receivable. Ask whether you accountant would be willing to train you in the use of that software.

Asking the Right Questions

Your accountant’s job is to help you stay on top of your financial information, but if you don’t understand what your accountant is saying to you, he or she isn’t doing that job well. Never be afraid to ask questions about unfamiliar terminology or complex accounting concepts. Never knowingly give misinformation to your accountant, either. Your accountant can’t give you a useful financial overview unless he or she knows what you’re spending money on.

The Right Preparation Can Help You Save on Accounting Costs

Working with a qualified certified public accountant can help ease any stress you’re feeling about financial matters and may be able to help you save time and money in the long run. To optimize the benefit you get out of working with an accountant, prepare for your quarterly or annual visits beforehand.