Accounting Services

The type of engagement performed is dependent on your needs. Determining factors include requirements imposed by the bank and other external financial statement users, boards of directors, and ownership groups.

Notice to Reader Engagements

We compile financial statements for a wide range of small and medium businesses as well as the not-for-profit sector. We can also compile financial statements for unincorporated businesses, by request.

Our statements are compiled after a basic review of the books and records provided by the client. We provide no assurance on Notice to Reader engagements.

Review Engagements

Review Engagements are performed primarily through analytical procedures and inquiry, to ensure that the financial statements are plausible. The decreased scope of work provides moderate assurance. We provide Review Engagement services for:

  • Private corporations
  • Not-for-profit organizations
  • Charitable organizations

Audit Engagements

Audits are an in depth examination of a Company’s books, records and processes. They are performed to provide a high level of assurance that the financial statements are presented fairly and accurately, and that the appropriate accounting principles have been correctly applied. We provide audit services for:

  • RECA Audits
  • Private Corporations
  • Not-for-profit organizations
    • Charitable organizations
    • Condominium Corporations

Bookkeeping

We have dedicated bookkeepers on staff to offer complete bookkeeping services, including GST return filings and interim financial statements.

We also offer training and secondary support to clients who wish to do their own bookkeeping. We are happy to help with:

  • Accounting system setup
  • Full-cycle training including:
    • Monthly reconciliations
    • Daily entries
    • Payroll preparation and remittances
    • GST filing and remittances

Accounting and Advisory

We offer many other accounting and advisory services. These include, but are not limited to:

  • Cash management
  • General reporting and filing concerns
  • Personal net worth statements
  • Bookkeeping software recommendations
  • Payroll services for proprietors and businesses
  • T4 and T5 preparation and filing
  • T5018 filings for subcontractors
  • T5013 filings for Partnerships
  • Payroll Remittance requirements, including Union remittances
  • WCB reporting