Balance sheets and Profit and Loss Statements are not only reporting requirements for corporations but valuable business tools. We ensure that they are prepared in accordance with professional standards and that you benefit from the insight they have to offer.
In a compilation engagement, we prepare your financial statements based on the information you provide.
In a review engagement, a lower level of assurance is provided. Our team will primarily perform analytical procedures and make inquiries of management and provide a conclusion on financial statements.
In an audit engagement, the highest level of assurance is provided after extensive process of analysis and examination of financial and other records
Monthly Bookkeeping Support
We can help you select a bookkeeping package, provide you with bookkeeping templates or help you outsource the function. Whichever your choice, we will monitor your bookkeeping practice to ensure that the information required for financial statements and tax preparation is available when needed.
Businesses have specific reporting requirements throughout the year. We keep clients informed of upcoming deadlines to ensure that they are compliant with all government requirements. Please see important deadlines.
Tax Planning and Preparation
Tax preparation is an inevitability that can be strategically managed to effectively reduce your tax expense and minimize headaches. We will customize a tax strategy for your specific circumstances, communicate clearly to ensure that you understand the tax implications of business decisions and see that you are compliant with all government regulations. We offer a small business package to have your financial statements, corporate tax return, personal tax returns and tax planning taken care of.
Our Tax Services Include:
. Corporate and personal tax planning
. Corporate, personal and estate tax return preparation
. Corporate and related tax compliance (payroll, HST)
. Estate planning and retirement
. Not-for-profit and registered charities