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Certified Accountant Considerations:
Accountants usually charge a flat fee for audits and financial planning and an hourly fee for other work, which typically ranges from $80 to $150 per hour, depending on where the CPA is located and his or her experience. A CPA should be willing to issue you a letter of engagement, outlining in detail what he or she will do for you and how you will be charged. This letter should also contain an estimate of the time it will take to complete the required tasks.
A good accountant should be available to you throughout the year and, in fact, will want to talk with you about any major financial move, such as refinancing your house or selling stocks. The accountant will also want to review loan packages with you to make sure that the financial terms are reasonable, specifically looking for information about such matters as prepay-ment penalties, balloon payments, and unusual right of foreclosure. A CPA is an expert at evaluation and at problem prevention. A good CPA will occasionally review your file without being asked, and will call you with suggestions about matters you should consider. Search more information >>
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