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Does your company use an accounting firm that you are not completely satisfied with? You are far from alone here. Although you are not completely satisfied with your accounting firm, it often does not change because you think it is complicated and difficult. Conversely, changing an accounting firm is straightforward and, in most cases, easy and straightforward. Let’s explain

When deciding to change the accounting firm

Whether or not it will be difficult or easy to change the accounting firm depends entirely on the choices you make and what agency you switch to. It is always important to contact a licensed accounting firm to ensure you obtain the necessary skills.

The easiest way to find out what a change will be like is to call or email your new accounting firm. A reputable accounting firm like BQ Accounting always has a record of how a change should best proceed. We have made these changes many times before and we know exactly how to go about making the transition easier. Many believe that the best time for a change between accounting firms is after the end of the year. Time does not play a major role in our experience, however some things we mention below should be kept in mind.

Notice of termination and agreement with your current accounting firm

Always be sure to review your agreement with your current agency. If you have a binding period or notice, you should first speak to your current agency and find out if they can ignore it. Otherwise, you can notify them of its termination, which will then be valid when the notification period expires. It will also inform the accounting firm you plan to switch to.

BQ Accounting generally if necessary and with your consent contact your old accounting firm to facilitate the change. Then we agree on how all information, routines and the like should be transferred to us.

Materials and systems

As a customer, you do not have to worry about transition due to various accounting programs where accounting and financial statements are performed. Your new accounting firm only needs access to the available material and then incorporate it into your programs. Also, the most common online programs Visma and Fortnox handle this in a simple way. You can post physical material, take it to an office, or scan and email it.

Exchange benefits:

There may be benefits to changing accounting firms. Here are some of them:

The new agency may have new solutions to help your business move forward.
You get new eyes on your business that can discover things the old ones didn’t do.
If you have been using an accounting firm for an extended period of time and are not satisfied, a change may give you the opportunity to search for an agency with what you thought the previous one was missing.

These were some of the benefits you can get by changing your accounting firm. If you feel like you are missing communication with your previous agency, that you are not getting the advice you want, or something else entirely, then it is time to change the accounting firm. Remember, it doesn’t have to be complicated and difficult.

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