Final answer:
When choosing a CPA for your practice, consider qualifications, location, and fees. Look for a CPA who specializes in your industry and has the necessary certifications. Don't solely base your decision on fees.
Step-by-step explanation:
When picking the right CPA for your practice, it is important to consider qualifications and expertise. Look for a CPA who has the necessary certifications and experience in your specific industry. For example, if you have a medical practice, you may want a CPA who specializes in healthcare finance.
Additionally, it is important to consider the location of the CPA. Choosing a nearby CPA can make it easier to meet and discuss your financial needs. However, with the advancement of technology, virtual meetings may also be a viable option.
Lastly, it is crucial to consider fees but don't solely base your decision on them. While higher fees may indicate expertise, it is important to evaluate the value you will receive for those fees. Consider the level of service, responsiveness, and track record of the CPA.