Saturday, January 31, 2009

Your Mississauga Accountant - Your Best Friend

By Fiona Fidelis

If you've recently found an accountant in Mississauga and you're not sure how to best utilize their talents, there are a number of things you can do. The good news is that finding an accountant in the first place is step one to building a relationship with your accountant " the bad news is that there are a lot of things to do along the way. Here are three simple things you can do to get started.

An accountant needs to know every bit about your financial life as possible in order to give you the best advice. Sometimes even things you've done years in the past can affect your financial future, so you need to tell your accountant everything you can think of. Only when your accountant has an accurate picture of your finances can they give you sound financial help.

Of course there will be times when your accountant gives you a suggestion or a financial path to follow that you don't understand. In those cases, ask a question. Even something as simple as what does this mean for me? can help you understand where your finances are going.

Lastly do your own homework. Especially when it comes to big decisions that will affect your life financially, it is important that you understand what your accountant wants you to do. Ask someone you know about something your accountant suggested " an accountant could give you an answer full of jargon when you ask, but a friend might be able to put something into terms easier for you to understand.

In the end you need to remember that to get anything of value from your accountant, you need to give in return. Without the necessary data to guide your finances, your accountant cant help you " but any advice given might be useless without a little explanation to go along with it. Keep these three simple pieces of advice in your mind when you sit down with your accountant and you'll have success for years to come. - 15246

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