How to Choose the Right Accountant for Your Business in Romania

Every business in Romania, whether a small PFA or a growing SRL, needs solid financial management. While some entrepreneurs handle their own books, most eventually turn to a professional accountant. But how do you choose the right one? This guide walks you through the key factors to consider.

Why a good accountant matters

A skilled accountant does more than just file tax returns. They help you stay compliant with Romanian regulations, avoid costly mistakes, and plan for growth. A good accountant can save you time and money, while a poor one can lead to fines or missed opportunities.

Understand the Romanian accounting landscape

In Romania, accounting services are provided by certified professionals and firms. The main professional body is the Body of Expert and Licensed Accountants of Romania (CECCAR). Membership in CECCAR is a strong indicator of an accountant's qualifications and adherence to professional standards. While not all bookkeepers are CECCAR members, for complex tasks like financial statements or tax filings, it's wise to work with a certified accountant.

What to look for in an accountant

Here are some key aspects to evaluate:

• Qualifications and experience: Look for an accountant with relevant certifications and experience in your industry. For example, if you run an e-commerce business, find someone familiar with online sales and VAT on digital services.
• Services offered: Do you need basic bookkeeping, payroll, tax advice, or full financial management? Make sure the accountant can handle your needs now and as you grow.
• Communication style: You should be able to reach your accountant easily and understand their explanations. If you prefer regular updates, ask how they communicate.
• Technology use: Many Romanian accountants use cloud-based software. Check if they can integrate with your systems and provide real-time access to your financial data.
• Language skills: If you're an expat or foreign investor, you'll need an accountant who can communicate in English or your language.

Where to find accountants in Romania

Recommendations from other business owners are often the best starting point. You can also search online directories, attend local business networking events, or ask your bank or lawyer for referrals. Many accounting firms advertise their services on websites and social media, but be sure to check their credentials and reviews.

Questions to ask before hiring

Before you commit, arrange a meeting and ask these questions:

• What are your qualifications and professional memberships?
• Which industries do you specialise in?
• What specific services do you provide, and what is included in your monthly fee?
• How do you handle communication and how quickly do you respond?
• Can you provide references from current clients?
• What accounting software do you use, and can I access my financial data?

Red flags to watch out for

Be wary of accountants who promise unrealistically low fees, as they may cut corners. Also avoid those who are difficult to reach or who don't explain things clearly. If an accountant suggests schemes to evade taxes, walk away immediately – you could face serious penalties.

Making the final decision

Choosing an accountant is a long-term relationship. Take your time, compare a few options, and trust your instincts. A good accountant should feel like a trusted advisor, not just a service provider. With the right partner, you can focus on growing your business while staying compliant with Romanian tax and accounting rules.