Important Questions to Ask Clients as a CPA

Jun. 25, 2021

The job of a CPA, or Certified Public Accountant, can be an exciting and rewarding career. The path to becoming one can be a little long and difficult, but it’s worth it. According to statistics, there are over 217,000 CPAs in Canada and individuals who hold the Canadian CPA designation internationally.

In this blog post, we’ll discuss what questions a CPA should ask their clients.
Who Are CPAs?
CPAs are professionals who offer economic advice to their clients. They help their clients manage their finances and tax obligations. CPAs are usually trained right after high school or college at an accounting firm, where they work in financial management until they’ve gained enough experience to become licensed as a CPA.
Asking the Right Questions
Different clients need different services, and you may not know what your client needs. Asking the right questions can help a CPA identify their clients’ needs and customize a service plan for them. Here are some of the questions we recommend CPAs should ask all their clients:

  • What do you want to accomplish?
  • What are your goals?
  • Do you have any commitments on when this work needs to be done?
  • What is your timeline for completing this task or project?
  • How much time do I have in total to complete this project or task before it becomes urgent (i.e., how pressing is this matter)?
  • Do you have any specific concerns related to your objectives?
  • What specific things do you want me to work on for you?
  • Who else do I need to work with (i.e., other professionals such as accountants or attorneys)?

    • Accounting services Edmonton

    The more questions a CPA asks, the better they’ll be able to understand client business needs and expectations. This can make it easier for a CPA to help their client with exactly what they’re looking for. Moreover, as a CPA, these questions can also determine if your client has any unrealistic expectations so that you can address their concerns about the practical aspects of financial management.

    If you’re a business owner reading this, answering these important questions ensure that your financial management needs are met. Management accounting helps an expert address a lot of queries, including the decision to make or buy major commodities.
    Faber LLP has 20 years of experience in the industry. We have experienced Chartered professional Accountantsin Edmonton, and here are some of the details of the accounting services that we provide in Edmonton.