Our Services
Audit Services - Corporations require audits for a variety of reasons, although not all corporations require this level of assurance. Your company's financial institution may require an audit as part of your banking agreement. As a member of the Board of Directors of a Not-for-profit corporation you may consider an audit to be an important part of your corporate governance. Whatever the reason, we strive to perform our audits within your timetable and with a minimum of disruption to your operations. We have a very low turnover with our staff, which ensures a continuity of service from year-to-year. Our partners are often involved with your company throughout the year and this intimate knowledge of your operations assists in conducting an effective and efficient audit through appropriate risk identification.
Review Engagement Services - A "review" represents a moderate level of assurance and is selected by many of our clients to fulfill the requirements of their banking agreements and/or to assist with ensuring owners have useful information to manage their businesses. We perform a variety of procedures, consisting primarily of enquiry, analysis and discussion in order to assess the appropriateness of the accounting treatments used in accordance with generally accepted accounting principles. Many of our clients are very capable of managing the day-to-day bookkeeping, and, where needed, we can assist with completing the annual records by assessing issues such as periodic cut-off, accruing liabilities etc. Depending on your needs, we can perform these procedures at your premises or in our own offices.
Compilation Services - We can prepare cost-effective basic financial statements to facilitate compliance with taxation requirements.
We provide our clients with a full range of corporate tax services, including income, capital and commodities taxes. We offer specialized services such as assistance with Scientific Research and Experimental Development claims. Several of our partners have completed either the CICA In-depth Tax Course or the CICA Tax Practioners Course. All of our partners and professional staff receive regular training and updates in the area of taxation to ensure we are abreast of the constantly changing taxation regulations.
In addition to the corporate tax services discussed above, we take care of our clients' personal taxation needs, including coordination with the other members of their financial planning team. This integration is an important facet of our commitment to servicing our clients and ensuring all their needs are addressed for proper peace of mind.
The following represent some of the specialized services you may require depending on where your organization is along its corporate lifecycle.
As a start-up company you may be concerned with your cash flow, financing and getting your information and reporting systems into place. We can assist with the preparation of cash-flow statements and projections, and co-ordinate the presentation of this information to the banks or other financing institutions. We can assist with the selection and implementation of information systems packages. If a pre-packaged system such as Simply Accounting or Quickbooks is deemed appropriate, we have senior technicians who can perform the set-up and train your staff to effectively use the system. If your company has more than one shareholder, we can assist with the process of establishing a customized shareholders' agreement.
As an established company you may be looking at capital expansion, business acquisition or other forms of growth. We can assist with searching for, identifying and analyzing opportunities, including utilizing our contacts to identify companies that are considering sale. We can act as a sounding board for your ideas and assist with performing various analyzes such as cost-benefit to aid with your decision-making.
As a mature company you may be looking at succession planning or divestiture. If you have family who wish to continue operating your company, we can design and implement a practical cost-effective estate plan to accomplish the transition. This would entail minimizing the tax consequences at the time of transition and upon the eventual death of the founders, as well as managing the process to avoid potential family conflicts. If you choose to sell your company, we can co-ordinate the valuation process and assist in identifying potential buyers.