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5 Tips for Finding Reliable Compilation Services

Experience-Check the number of years the accountant or firm has been in business and look for accountants who have worked in your industry. Log on http://www.quikcomp.com/

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5 Tips for Finding Reliable Compilation Services

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  1. 5 Tips for Finding Reliable Compilation Services www.quikcomp.com

  2. More companies and individuals are outsourcing their financial compilation tasks to help increase productivity and accuracy, and to save money. Companies choose to outsource when verification by qualified third parties is essential. Credible financial statements are necessary to attract investors and capital for use in fueling company growth, so outsourcing is a good choice. For individuals, financial statements are useful for providing historical information to file back taxes or in resolving sticky situations with the IRS or state agencies. When searching for a provider to compile individual or business financial statements, be sure to look for an accounting firm or provider with the right mix of experience, education and accounting/business knowledge. www.quikcomp.com

  3. Five things to look for: • Experience- Check the number of years the accountant or firm has been in business and look for accountants who have worked in your industry. Their work experience will make them an invaluable tool in solving “real world” reporting problems! www.quikcomp.com

  4. Certifications- Make sure the provider has current certifications and qualifications. Look up the meanings of the acronyms after their title to get a better idea of their education and skill level. For example, E.A. stands for Enrolled Agent, a federally authorized tax practitioner who can represent taxpayers before all administration levels of the IRS from examination to collection to appeals. This practitioner is licensed by the US Treasury. Some accountants have education but no certification or license. www.quikcomp.com

  5. Customer Feedback- Ask your colleagues for recommendations and look around for unbiased reviews. Many reputable software providers, such as Intuit-the maker of QuickBooks- offer a section on their sites where you can find verified reviews of Certified ProAdvisors in your area. Reasonable Pricing- Look for a provider who offers high quality work at reasonable prices, which will save you time and money in the end. Keep in mind that your fee may be higher for more complex financial statements or if additional analysis is required. Remember, too, that paying a bit more for skill and knowledge can be a good strategy. www.quikcomp.com

  6. Effective Communicators-The person or firm you work with should have both the skills and tools to better understand the financial challenges unique to your situation. Communication expertise comes with experience and training. Hire a firm that can explain why they will be a valuable asset to your company. www.quikcomp.com

  7. Thanks For Watch www.quikcomp.com QuikComp 13168 Piedmont Vista Drive Haymarket VA 20169 (866) 513-1528

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