The New Accounting Client Checklist

Welcome to our accounting firm! We understand the intricacies of financial management can be overwhelming for new clients, but rest assured that our expertise will allow you to focus on growing your business while we handle the numbers. To ensure a seamless onboarding process, we have developed a comprehensive checklist specifically tailored for our New accounting client checklist.

Gathering Basic Information

Prior to delving into the nitty-gritty of financial analysis, it is essential for us to gather some fundamental information about New accounting client checklist. This includes your company name, registered address, contact details, as well as any legal identification numbers that pertain to your organization. By providing these crucial details, we can ensure accurate record-keeping and establish effective lines of communication.

Financial Statements

Financial statements are the backbone of assessing a business’s performance, profitability, and overall financial health. We kindly request that you share your balance sheet, income statement, and cash flow statement. These documents provide us with a snapshot of your current financial status and enable us to tailor our strategies to suit your specific needs.

Bank Statements and Records

Your bank statements act as valuable evidentiary documents that corroborate the financial transactions indicated in your financial statements. To ensure the utmost accuracy and precision, we kindly ask you to provide us with your bank statements. Additionally, granting us access to other financial records, such as invoices, receipts, and expense reports, will facilitate comprehensive analysis and, if necessary, auditing procedures.

Tax Documents

The world of taxation can often be intricate and convoluted. Nevertheless, to simplify matters, we kindly request your previous tax returns, along with any applicable schedules and supporting documentation. This careful examination of your tax documents enables us to identify potential deductions, credits, and exemptions that may advantageous for your business, while concurrently averting any discrepancies that could arise.

Payroll and Employee Information

If your organization employs individuals, it is of utmost importance that you provide us with consequential payroll information. This includes payroll registers, payroll tax records, and employee contracts. Supplying us with this vital information empowers us to streamline your payroll processing, oversee accurate tax withholdings, and ensure compliance with labor laws.

Inventory Records

For businesses that deal in physical goods, maintaining accurate inventory records is of paramount importance. We kindly request that you share your inventory management system or records with us. This will allow us to conduct a comprehensive assessment of inventory turnover, track costs, and promptly detect any potential inconsistencies. By having access to this information, we can provide accurate financial reporting and assist you in optimizing your inventory management strategies.

Business Goals and Challenges

We would greatly appreciate it if you could provide us with insight into your business goals, both in the short-term and the long-term. Understanding your objectives enables us to align our services, customizing them to adhere to your vision. Additionally, please inform us of any specific financial challenges or concerns you have encountered in the past. This knowledge will allow us to proactively address such issues and develop strategies to mitigate potential risks.


By diligently following this checklist, you can rest assured that collaboration with our accounting firm will proceed seamlessly. We highly value the confidentiality of your financial information and are committed to utilizing our expertise to maximize your financial stability and promote your business growth. Remember, open and transparent communication is key to developing a successful relationship, so please don’t hesitate to reach out to us should you have any questions or require further assistance. We look forward to working with you!