| Financial Statements |
| Financial statements present the summary of business activity for the year. They may be required for several reasons including taxation, financing, statutory or as a planning tool for management. We provide financial reporting on all three levels of assurance:
*Audit - an intensive examination with the highest level of assurance
*Review - some analytical procedures conducted with limited assurance
*Compilation - based upon client information provided and used primarily for internal use.
We ensure the statements are prepared on a timely basis and carefully review them with you.
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| Audited financial statements |
| We prepare audited financial statements for business and non-profit organizations. Audited statements are generally required to comply with directors or financing arrangements for business. For non-profit organizations, the requirement is usually based on by-laws or renewal of government funding. We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. Audits differ from reviews and compilations, as they are an intensive examination of your company or non-profit organization's systems and records providing the highest level of assurance. |
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| Accounting Services |
| Providing financial information to our clients in a timely and accurate manner is a commitment that we feel cannot be compromised. Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis. Our firm provides a full range of cost effective accounting services including the following:
*General ledger & financial statement preparation
*Bookkeeping (Monthly/Quarterly/Annual)
*Accounting system setup for new businesses
*Business entity selection |
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| Bookkeeping Services & Set Up |
| Meaningful, well organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Qualified staff provide a computerized bookkeeping service and will record all your business transactions usually on a quarterly or annual basis. Alternatively, we can assist in set up of bookkeeping software and provide on going support as you need it. We provide support for Simply Accounting and Quick Books software. |
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| Tax Services |
| We prefer to take a proactive vs. reactive approach to tax services. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. We provide our individual and business clients with the taxation expertise and knowledge that they deserve throughout the year. Tax services offered include, but are not limited to:
*Tax planning for individuals and corporations
*Return preparation for - Individuals - Corporations - Estates and trusts - Not-for-profit organizations (charity returns)
*Tax effects of buying/selling a business
*Tax considerations in matrimonial settlements.
*We efile personal tax returns which usually results in quicker refunds.
*We will communicate and negotiate with Canada Revenue Agency on your behalf.
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| Consulting Services |
| We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible stategies that address the issues affecting your business. The following is just a few of the areas in which we provide consulting services:
*Accounting software and implementation
*Type of entity selection (Incorporation, partnership or proprietorship)
*Buying/selling a business
*Loan application preparation
*Assist in designing processes to increase business efficiency
*Provide mediation services in some circumstances |
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| Financial Forecasts & Projections |
| Forecasting is a necessity when trying to effectively manage and lead a business to profitability. We can provide projections to assist you in achieving your financial goals. |
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| GST Services |
| Calculation and preparation of GST remittances and/or refunds for business and non-profit organizations. Usually this is done in connection with our bookkeeping services. |
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| Who We Help |
| Whether you are an established business or a new venture, there are times when an impartial, experienced advisor can give you exactly the perspective you need in order to make a decision, seize an opportunity, or solve a problem. While our client base is diverse, we provide customized services to address the needs of:
*Not-for-profit
*Real Estate
*Family Businesses
*Professional Services
*Medical Practices
*Manufacturing
*Trucking
*Wholesale/Distribution
*Trades
*Bottle depots
*Logging
*Retail |
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| New Business Start Up |
| We can get you started. We will help you sort through the various legal and tax requirements specific to your circumstances, including proprietorship, partnership or corporation choices. Design and set up an appropriate bookkeeping system, either manual or computerized. |
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