ACCOUNTING SERVICES
INCORPORATION CONSULTING AND ACCOUNTS SETUPS
Our team will guide you through business incorporation details based on your business activities and potential market, and advise on whether to register as a provincial company or a federal company for instance. We assist in CRA business account registration such as a GST/HST account, payroll account, import/export account, etc. We provide corporate structure and tax planning consulting services as well.
After the incorporation, we can assist your company to set up a chart of accounts, choose a bookkeeping software, and train the bookkeeper. A good and experienced bookkeeper can save you a lot of trouble when the Canada Revenue Agency (CRA) asks to review your accounting records during a tax audit.
BOOKKEEPING
We provide different levels of accounting services depending on who is the bookkeeper:
If you as the business owner does basic bookkeeping in-house, our team can provide professional assistance and help you with CRA-related filing services, such as CPP/EI, GST, T4, T5, WCB, ROE, etc. We can also compile periodic financial reports according to your needs.
If you appoint us as the bookkeeper and only provide us with receipts and invoices, we will do monthly/quarterly/yearly bookkeeping depending on your business scale.
BUSINESS VALUATION
In the processing of share purchases or business consolidation, business valuation is needed as a basis for decision-making. Our business valuation team will provide an objective and fair business valuation report of the target company, as an independent accountant from an independent standpoint.
DUE-DILIGENCE ENGAGEMENT
The following areas of the target company’s business are often examined by our due diligence team to provide reference to the acquirer’s acquisition decision and minimize the acquisition risk:
- financial review
- operational review and analysis
- tax areas of concern/investigation
Our team can also provide management restructure, finance restructure, and tax planning consulting services for after mergers & acquisitions.