Tuesday, October 28, 2008

Select accountant based on needs

How much can I expect to pay as a business owner for a good accountant?

A: Certified public accountants often charge $150 to $300 an hour, depending on the complexity of the job and their level of experience. If you need an audit — or help with a loan application — a CPA may be what you need.


But don't confuse a CPA with a general accountant or a bookkeeper. Your business may simply need a bookkeeper to enter data into the company's accounting program or to process simple financial statements. Many bookkeepers will charge $15 to $25 an hour. The next step up is a general accountant, who is likely to charge $85 an hour and up. General accountants can handle somewhat more complex chores.




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