By Jessica Salerno, OSCPA senior content manager
Entrepreneurship isn’t for the faint of heart. But one CPA said he felt ready to transition into this role with his accounting background.“It's definitely a leap,” said Joe DePeder, owner of the Columbus-based Audit Ready LLC. “But I just wanted to go for it. I felt like if I didn't, I would regret it down the road.”
Audit Ready LLC provides audit readiness services to companies, a market need DePeder said he recognized after spending six years in public accounting. He often noticed there were companies that were growing rapidly and while needing a first-time audit, also needed someone to advise them on how to prepare.
DePeder said knowing he had a public accounting background also helped him feel more confident in striking out on his own. He said if at one point in the future he decided to transition to a different stage of his career he felt confident he could return to accounting or business.
“I feel like I've had an entrepreneurial spirit from the standpoint of ideas have always come to me throughout working,” he said. “Ideas of how things can be improved, or things can be made more valuable. What can we do to add more value to this client? How can we better serve them?”
Although DePeder said he didn’t always plan to start his own company, he said it felt like a natural fit after spending enough time in public accounting.
“I’m an expert at helping prepare companies for the audit process,” he said. “And being around really smart people, the whole time I was in public accounting was huge toward just not just my base knowledge, but appropriately communicating with clients and everything you can get out of a working relationship.”