Tuesday, April 18, 2017

Hiring A Qualified Bookkeeper

In the market for a new bookkeeper and not sure what to look for... You don't want to get stuck with someone that claims to know what they're doing or just looks good on paper. Let's face it, anyone can create an appealing resume, but that doesn't mean they're actually qualified or know what they're doing.
Speak with your CPA or accountant prior to interviewing a bookkeeper and ask them what would be most beneficial. Having a skilled bookkeeper will make your accountant's job much easier and in the long run save you money too.

When bookkeepers describe themselves they usually fall between two extremes; administrative assistants with data entry skills to professionals with degrees and years of experience. When hiring a bookkeeper, it's important to know what skill set your company needs; 
  • accountant
  • full-charge bookkeeper
  • clerical bookkeeper
  • data entry clerk
When hiring a bookkeeper, it’s important to know what skill level your company needs and then be able to determine if applicants possess those skills.
Before hiring a bookkeeper, determine if you need an
  • accountant
  • full-charge bookkeeper
  • clerical bookkeeper
  • data entry clerk
- See more at: http://onesourceaccounting.com/how-to-hire-a-bookkeeper#sthash.ep0B4HHG.dpuf

Many people don't know that there are certifications for bookkeepers. Certified Bookkeepers are to bookkeeping what CPAs are to accounting: the elite of the profession.The American Institute of Professional Bookkeepers (AIPB) certification is the only national standard for bookkeepers. 

AIPB Requirements 

Experience: At least 2 years' full-time experience or the part-time or freelance equivalent, which may be obtained before or after passing the examination. 

Examination: Candidates must pass the following exams-
            1. Adjusting entries
            2. Correction of accounting errors (including the bank reconciliation)
            3. Depreciation
            4. Payroll
            5. Inventory
            6. Internal controls and fraud prevention   

Code of Ethics: Applicants must sign a Code of Ethics.

Evaluate your candidates for employment to verify their qualified. You can request a free test from AIPB. http://www.aipb.org/testrequest.php
Bottom line, this is your business, your finances and your future; make sure you're entrusting it to the best possible bookkeeper.