We often get asked if it’s difficult to change accountants. Business owners may feel like they’re locked in to their current accountant. The simple answer is that generally speaking, it’s easy to change accountants. If for whatever reason you are considering changing accountants, then we’d love to hear from you. In the meantime, here are some things to think about (and which we can discuss with you)

In Australia, businesses have the right to change their accountants at any time. However, the ease of changing accountants can depend on a few factors.

The first factor is the terms of the existing contract with the current accountant. If the contract has a termination clause that requires a notice period or imposes a penalty fee for early termination, this can make it more difficult and costly to switch accountants.

The second factor is the level of cooperation between the current accountant and the new accountant. If the current accountant is uncooperative or refuses to provide necessary documents or information to the new accountant, this can create delays and difficulties in the transition process.

However, in most cases, changing accountants in Australia is a relatively straightforward process. The new accountant will typically request authorization from the business to communicate with the previous accountant and obtain necessary information and documents and ethical clearance. The new accountant will also review the previous accountant’s work to ensure that all necessary information has been transferred and that there are no errors or discrepancies.

Overall, while there may be some challenges in changing accountants in Australia, businesses have the right to do so, and the process can usually be completed with minimal disruption to business operations.