Choosing the right accountant is one of the smartest financial moves you can make. Whether you’re managing a small business, planning your retirement, or just trying to file your taxes correctly, the right professional can help you save money, avoid legal trouble, and achieve long-term stability.
But not all accountants are the same, and if you live in British Columbia, it’s essential to find one who understands both federal and provincial regulations. This guide breaks down what to look for in a good accountant and how to evaluate your options thoroughly.
The True Value of a Good Accountant and Why It Matters?
A good accountant is more than just someone who files your taxes. They can:
- Interpret and organize your financial data
- Offer year-round advice to optimize tax savings
- Help with long-term planning like retirement or business expansion
- Protect you from penalties by ensuring compliance with CRA rules
- Provide peace of mind so you can focus on what you do best
The relationship you build with your accountant can last for years, making it one of the most important professional partnerships in your financial life.
Know What Services You Need
Before choosing an accountant, define what you need from them. Different clients require different services depending on their financial situation and goals. Being clear on this will help you find someone who’s the right fit from the start.
Common accounting services include:
- Personal tax preparation and planning
- Corporate tax filings and financial statements
- Bookkeeping and payroll
- CRA audit support and correspondence
- Financial consulting and business advising
If you’re a business owner in British Columbia, make sure your accountant has experience with GST/PST filings, employee health tax, and provincial small business credits.
The more complex your financial life is, the more value a full-service accountant can bring.
Insist on Professional Credentials
In Canada, the Chartered Professional Accountant (CPA) designation is the nationally recognized standard of accounting excellence. CPAs undergo extensive education, testing, and ongoing professional development.
When evaluating a potential accountant, confirm that they:
- Hold an active CPA designation
- Are in good standing with the CPA British Columbia or other provincial bodies
- Have a license to practice public accounting, if they offer tax services
Hiring a CPA means you’re working with someone bound by a strict code of ethics, accountable to a regulatory body, and committed to continuing education.
Look for Relevant Industry Experience
An accountant with general experience is helpful, but an accountant with experience in your specific industry is even better.
Here’s why: each sector has unique compliance obligations, financial challenges, and tax-saving opportunities. The right accountant will already know what to look for.
Examples of specialized experience:
- Real estate – capital gains planning, rental property reporting
- Healthcare professionals – HST, incorporation strategy
- Contractors and trades – job costing, GST rebates
- Retail and e-commerce – inventory tracking, sales tax compliance
- Technology startups – R&D credits, funding structure support
When interviewing an accountant, ask about their previous clients and what industries they know best.
Assess Their Communication Style
An accountant’s ability to communicate effectively is just as important as their financial expertise. You want someone who listens, explains clearly, and responds in a timely manner.
Ask yourself:
- Do they explain things in a way you can understand?
- Do they answer your questions directly and honestly?
- Are they available for year-round support or just tax season?
A responsive accountant who communicates well can help you make smarter decisions, faster, and with more confidence.
Ask About Their Use of Technology
Today’s accountants often work with cloud-based tools to streamline communication, automate processes, and ensure accuracy. Using modern technology isn’t just a convenience, it’s often essential for security and real-time collaboration.
Look for accountants who use software like:
- General ledger systems (e.g., QuickBooks, Sage, Xero)
- Secure document portals for file uploads
- CRA-authorized e-filing systems
- Digital payroll tools and expense trackers
If you prefer a digital-first experience, find out whether the accountant supports remote meetings and electronic communication.
Check Their Reputation and Client Feedback
Before making a decision, research the accountant’s background. Reputation is a strong indicator of future performance.
Ways to check reputation:
- Look for client testimonials (especially from businesses similar to yours)
- Ask for referrals from professionals or other business owners
- See if they have complaints or disciplinary records with CPA BC
Ask the accountant directly if they can provide client references. A reputable professional will be happy to share satisfied client experiences.
Evaluate Their Availability and Long-Term Support
Some accountants are only available during tax season. Others provide ongoing support throughout the year. If your needs go beyond simple tax filing, choose someone who is available for long-term strategic guidance.
Ask these questions:
- Can I call you with questions any time of year?
- Will you help with CRA letters or audits?
- Do you provide quarterly reviews or mid-year planning?
Building a long-term relationship with an accountant who understands your financial journey adds value that goes beyond yearly tax returns.
Understand Their Knowledge of BC and Federal Tax Rules
A competent accountant in British Columbia must understand both provincial and federal tax laws. Tax regulations change frequently, and having someone who stays up to date can help you avoid costly mistakes.
What they should know:
- BC’s Provincial Sales Tax (PST) compliance
- Employer Health Tax (EHT) thresholds
- Eligible small business deductions
- Federal tax benefits like the Canada Employment Credit
- CRA audit procedures and response timelines
Don’t hesitate to ask them how they keep up with changing rules, and how they’ll keep you informed, too.
Trust Your Instincts and Comfort Level
Lastly, no matter how impressive someone’s resume is, your comfort level with them is essential. You’ll be discussing highly sensitive personal and financial details, so you must feel at ease.
During the initial consultation, ask yourself:
- Do I feel heard and respected?
- Is the accountant honest and clear?
- Does this person feel trustworthy?
If the answer is yes, then you’re likely making the right choice.
Infinity & Beyond Business Inc Gives Support You Can Count On
At Infinity & Beyond Business Inc, we understand how overwhelming financial decisions can be. Our experienced team is dedicated to providing reliable accounting services that meet your unique personal or business needs. Whether you’re a new entrepreneur or a seasoned investor, we take the time to understand your goals and build a tailored financial strategy around them.
Support You Can Count On.
We’re committed to clear communication, dependable year-round service, and proactive advice, so you can focus on growth and peace of mind.
Contact Us
Address: 267 Esplanade W unit 201, North Vancouver, BC V7M 1A5
Phone: 604-781-6446
Fax: 604-770-1206
Email: info@ibbinc.ca
Picking the right accountant isn’t just a financial decision, it’s a strategic one. Take your time, ask questions, and make sure the person you hire brings the experience, transparency, and dedication you deserve. A good accountant will do more than file your taxes, they’ll help you build a stronger, more secure financial future.
