Cash Flow & Budgeting Analysis
A business can be profitable and still face challenges because of cash flow issues. We can help forecast and assess your company’s financial health, estimate financing needs, and track where your cash comes from and how it’s used.
Services
ACCOUNTING SERVICES
Providing timely, accurate financial information to our clients is a commitment we never compromise. Clear, well-organized financial records help your business run more efficiently every day. Our firm offers a full range of cost-effective accounting services, including the following:
*Assurance engagements
*Bookkeeping (Monthly/Quarterly/Annual)
*Cash flow and budgeting analysis
*Compilation engagements
*Financial forecast and projections
As your business grows and you hire more employees, payroll administration and compliance demands increase. We can help you put the right controls in place to keep your payroll system reliable, efficient, and effective. Our firm can also help you set up a payroll process, calculate payroll deductions and remittances, and prepare all required payroll tax filings on time.
Payroll Service
Accounting Software Selection & Implementation
With so many computerized accounting software options available today, choosing the one that’s right for you can be challenging. As accounting professionals, we’re familiar with most major programs through hands-on experience and industry research. Our experienced staff can help you select and implement the system that best fits your needs.
Assurance Engagements
We see our role in the financial reporting process as a chance to offer practical ideas for improving your company’s profitability and efficiency. We provide financial reporting, including financial statements, at every level of assurance:
*Audit - an intensive examination with the highest level of assurance
*Review - some analytical procedures conducted with limited assurance
Compilation Engagements
We can help prepare your financial statements in line with professional standards, but we do not provide an opinion or any other form of assurance on the information they contain. The resulting statements can still be a valuable tool for management when making financial decisions.
Tax Planning
Tax planning is a vital part of the tax preparation process. When it’s built into your overall business strategy, you can rely on our experience and up-to-date knowledge of tax developments to help minimize your tax burden.
Thoughtful estate planning helps ensure your assets are transferred smoothly to your beneficiaries, protects your surviving spouse, and can reduce or even eliminate taxes on the transfer of your business and other assets.
For business owners, a well-planned transition to your successors is crucial to your company’s long-term success. With strong expertise in tax, succession and estate planning, and related financial matters, we’re well equipped to help you navigate the complex issues of business continuity.
CONSULTING SERVICES
We measure our success by the personal and business achievements of our clients. We can help your business pinpoint factors that are holding back profitability and growth, and develop solutions that are both practical and technically sound. Beyond serving as a sounding board for management, we offer comprehensive, flexible strategies that address the key issues facing your business. The following are just a few of the areas where we provide consulting services:
*Accounting software selection and implementation
*Buying/selling a business
*Financial planning
*Investment Review
*Retirement Planning
Bookkeeping
Well-organized, meaningful financial records help your business run more efficiently every day and form the foundation of long-term success. Our qualified staff can support you with the day-to-day bookkeeping tasks your business relies on.
Financial Forecasts & Projections
Forecasting is essential for effectively managing and guiding a business toward profitability. From straightforward projections to complex financial models, our experienced team can help you work toward your company’s financial goals.
Federal & Provincial Sales Tax (GST, HST, PST & QST)
Many of our clients must collect and remit sales taxes across multiple jurisdictions. We can help your company gather the necessary information, prepare sales tax returns, and manage sales-tax-related costs. We can also assist with preparing specialized GST/HST rebate claims.
Tax Preparation
Our substantial investment in computerized tax preparation and research tools allows us to prepare accurate, efficient returns for individuals, corporations, partnerships, trusts, estates, and not-for-profit organizations. When requested, we also provide support after your returns and slips are filed, helping ensure a prompt and effective response to any CRA inquiries.
TAX SERVICES
We take a proactive rather than reactive approach to tax services. By staying up to date on new tax laws and regulations, we can identify key planning opportunities that help reduce both your current and future tax liabilities. Throughout the year, we provide our individual and business clients with the tax expertise and guidance they deserve. Our tax services include, but are not limited to:
*Provincial & federal commodity tax planning and compliance *Payroll services
*Tax planning for: *Tax return and slip preparation for:
- Individuals - Individuals
- Corporations - Corporations
- Matrimonial settlements - Partnerships
- Buying/selling a business - Estates and trusts
- Retirement and estates - Not-for-profit organizations
- Business succession
Buying or Selling a Business
Careful preparation and planning are essential for a successful business purchase or sale. Our team can support you with every stage of the transaction, including cash flow analysis, tax minimization, and transition planning. We can also work directly with your legal team to help streamline the process.
Financial Planning
A well-structured financial plan helps you face financial challenges at every stage of life. Through the planning process, we can help you assess your needs and develop strategies to achieve your goals and strengthen your financial security.
Investment Review
As you shape your investment strategy, we’ll serve as a sounding board. We can work with you and your investment advisor to structure a portfolio that considers tax implications and aims to deliver a strong after-tax return.
Retirement Planning
Successfully implementing your financial plan—and reviewing it regularly—helps ensure your financial independence throughout your working years and into retirement.
OTHER SERVICES
Because we serve a diverse range of clients, we work with many different financial and tax issues. Over the years, this has given us valuable experience in numerous specialized areas, many of which are listed below. Our ability to offer such a wide variety of services reflects our versatility, expertise, and commitment to quality client service. Our other services include:
*Mergers & acquisitions
*Corporate recovery
*Asset protection
*Debt Management
*Business start-up or expansion
*Expert witness services