Financial Statements are the basis for all business decisions and are vitally important to any successful business. Financial statements can be customized to your needs and prepared on a schedule of your choice be it monthly, quarterly, or annually. Financial statements can be prepared for the Government (Tax Returns, R&D Grants, etc.), Management, or Shareholders.
One of the key activities of any public practicing accountant. Tax returns are prepared for corporations (T2), trusts (T3), and individuals (T1) using the leading software packages such as Taxprep and Profile. Tax return preparation can also include GST and PST returns and statements to support Scientific Research and Experimental Development (SRED) applications.
With over 30 years of tax
experience, strategies are implemented to minimize the amount of tax
paid. Services also include reconciling the taxes collected in
trust for the government (GST, PST, etc.) with other taxes, duties, and
levies paid to government branches.
Payroll preparation and calculation of withholdings can be implemented weekly, bi-weekly, and semi-monthly depending on your payroll practice.
Preparation of forms for government reporting including T4's, T5's, EHT, Workers Compensation, and ROE's.
Accounting System Consulting
Computerized accounting systems are the basis of the financial system of corporations today. Vast experience with Quickbooks, Caseware, Caseview, and Jazz-it and a certification in Simply Accounting ensures improvement and expert operation of your accounting system. Setup of a new computerized accounting system or the update of an existing one is provided to improve the effectiveness and efficiency of your financial system.
Bookkeeping and Bank Reconciliation
Bookkeeping is tailored to your needs, and frequency aligned with your budget. Bookkeeping services are provided both on and off site.
reconciliation is provided as part of the bookkeeping service.
Bank reconciliation can be a challenging and frustrating activity and
professional help will eliminate the headache.
Proper financial management is vital to any corporation's success. Budgeting and cash flow management can be provided to ensure that proper control is maintained over the financial activities of your corporation. Forecasts and cost/benefit analysis can be provided to give your corporation a strategic edge.