Is your accounting course still enough to have an optimal grip on your company's finances? As soon as your company is so big that you no longer have just two or three employees, accounting and tax returns become more complicated. In fact, this is the right time to consider bringing in external professionals.
If you decide to do this, it is best to obtain several quotes from different consultants. It is worth spending enough time on this. After all, you are putting a key area of your business into the hands of a third party.
How to find the right professional?The websites of the two industry associations list their members: Treuhand Suisse is made up of smaller and medium-sized fiduciary companies, while the big players in the sector are members of the Treuhand-Kammer.
The route via the associations offers some advantages: "You can be sure that the member in question has qualified training and up-to-date know-how, as he or she is obliged to undergo regular further training. In addition, the advisor or consultant must comply with the association's rules of professional conduct," says ¬Raoul Egeli, central president of Treuhand ¬Suisse, and adds: "If you approach a non-member, you may end up with a non-expert who calls himself a tax expert but has no qualified training in this area." Indeed, the titles "tax consultant," "trustee" and "tax expert" are not protected. In case of dispute, one can turn to the Professional Ethics Committee of the Association.
How do you prepare for the interview?You should clarify these points at your first appointment:
- Education: Also check to see what training he has gone through and how he is continuing his education.
- Practical experience: Has he already worked with customers of your size and possibly even in your industry? Ask for references.
- Personal impression: Is it positive? Go ahead and make an appointment at his place of work to get an impression of his tidiness, available technical literature and EDP equipment.
- Fee: Check whether he charges a fixed price for certain work. For work that is billed on a time and material basis, agree on a cost ceiling and request monthly billing.
For yourself, you should clarify the following questions:
- Do you want to entrust him with the annual financial statement and tax return, including bookkeeping and VAT accounting, or do you continue to record the bookkeeping yourself (for example, using the trustee's system)?
- Do you need advice on financial planning (for example, with regard to raising capital, employee benefits or succession planning)?
- Do you want him to handle your private tax return as well?
Addresses: Treuhand Suisse, telephone 031 380 64 30
www.treuhandsuisse.ch
Fiduciary Chamber, telephone 044 267 75 75
www.treuhand-kammer.ch
Do you need legal advice?The Beobachter Consulting Center offers you and your employees expert telephone consulting on legal issues concerning your company 6 months for only Fr. 99. Order the consulting package for SMEs at
Observer.ch/kmu/ or 0800 83 0800.
Book tipTaxes made easy
Practical handbook for employees, self-employed and homeowners
The Beobachter guidebook offers support for everyone who will soon have to fill out their tax return. Whether professional expenses, child deductions or the upkeep of one's own four walls: the book provides valuable tips for employees, the self-employed, married couples, families and homeowners. In addition, there are clear tables on cantonal deductions, a useful glossary and many practical tips, addresses and links.
6th edition 2010, Beobachter-Buchverlag, ISBN 978-3-85569-427-3, 240 pages, paperback, Fr. 36.