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How often should you speak to your accountant?

Posted on Feb 20, 2017 by admin

It’s one of the age-old questions in business – so My Business asked an award-winning accountant to set the record straight.
As you may have expected, there is no set time period between visits or discussions. But according to Alexander Laureti, a partner at LMS Advisory, there are a few points to consider that will help determine the right frequency for you and your business.

“If you have a good relationship with that accountant, where you build a relationship of trust, then I think that meeting with them, for example, on a quarterly basis – if you put it in line with when your business activity statements are due – or more often [is a good idea],” said Mr Laureti.

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