There are several accountant insurance firms all over Canada. However, these firms differ in the way they deliver their services to their clients. To ensure that you will consult reliable chartered accountant insurance, it would be best to check their features for high quality service results. Tax audits may require accountants to have their own insurance to cover potential expenses accrued during the process. It is important to have a reliable insurance firm to ensure that everything will go smoothly during the investigation especially in terms of its finances. Here are some of the qualifications that you should look for in an accountant insurance company:
Trusted by more clients
If an accountant insurance provider has a long list of ensured clientele, this can only mean that the company is trusted in the industry. Check for the number of accounting firms and individuals consulting the company. it would be wise to trust a company that offers wider area of coverage with sister companies operating outside of Canada but in other parts of the world such as in Australia and New Zealand.
Length of business in the industry
Choose a chartered accountant insurance firmthat has been in the industry serving clients for a good number of years. You can find a reputable company that has been providing accounting related servicesand audit insurance for over a decade. Longer years of service guarantees experience in the field.
Excellent testimonials from clients
Lastly, it would be an advantage to put your trust on an accountant insurance firm that has the confidence of more clients in the business industry.One indication of this trust is the positive feedback and testimonials of its clientele. Check the website of the company that offers chartered accountant insurance and read its clients testimonials. You can also find client feedback from independent review sites including discussion boards and forums. If you have friends in the industry who may have sought the professional assistance of an accountant insurance firm, ask for referrals and find out if they were satisfied with the service.