Accounting & Advisory Services
Accounting and advisory services designed to provide owner-managed businesses with reliable financial reporting together and practical financial guidance, while assisting business owners to make informed decisions with clarity and confidence throughout the year.
Compilation Engagements
Preparation of your businesses financial statements in accordance with the professional standards, keeping the needs of the users in mind. Accounting and financial systems are the core for any individual and small business decisions. Year-end financial statements allow the user to know where their business stands and how it has performed over time. This can be of great assistance when making important business decisions, and provides valuable insights to help you improve your business financial performance.
Compilation Engagement includes:
-
Compilation Engagement Report
-
Balance Sheet
-
Statement of Income and Retained Earnings
-
Notes to the Compiled Financial Information
-
Year-End Adjusting Journal Entries
-
Corporate Income Tax Rreturn (T2)
The compiled financial information provides clear, structured financial results that lenders, partners, and business owners can rely on to evaluate performance, support financing, and make informed business decisions.
-
Review bookkeeping and supporting records
-
Prepare year-end adjusting journal entries, including complex transactions
-
Identify unclaimed expenses and potential tax savings
-
Analyze and interpret financial information for planning opportunities
-
Prepare a corporate tax return
-
Compile financial information
-
Schedule a year-end meeting for review and discussion
Our Process for Preparing a Compilation Includes:
A year-end meeting is included to review your financial information, discuss planning considerations for the upcoming year, and address any changes in the business. This provides clarity on your financial position and practical guidance for the year ahead.
Advisory and Management Consulting Services
Business owners often need more than year-end financial statements and tax compliance. When decisions involve growth, cash flow, financing, staffing, systems, or profitability, it is helpful to have access to professional financial guidance throughout the year.
Advisory and management consulting services are available for incorporated business owners who want additional support understanding the numbers, improving financial processes, and making informed business decisions.
This type of work is often most valuable during periods of growth, operational change, financing, or when the business has become too complex to manage without stronger financial oversight. It provides access to CFO- and controller-level guidance on an as-needed basis, without the cost of hiring a full-time in-house professional.
Advisory Services May Include:
-
Budgeting and forecasting
-
Cash flow planning and projections
-
Financial analysis and performance review
-
Accounting process setup, improvement and documentation
-
Job costing, internal reporting and training
-
Chart of accounts review and optimization
-
Support reviewing financial results and identifying concerns or trends
-
Management reporting for decision-making
Practical Support Beyond Compliance
For many business owners, the challenge is not simply producing financial information — it is understanding what that information means and how to use it. Advisory work focuses on helping you interpret the numbers, strengthen reporting, and improve financial organization so decisions can be made with greater confidence.
Engagements Tailored to the Needs of the Small Business
Every business operates differently, and the level of financial support required will vary depending on the size, complexity, and stage of growth. For many clients, the engagement begins with compilation services and tax compliance to ensure financial reporting and filings are properly maintained.
Additional support may be required as the business grows. Some businesses benefit from advisory work throughout the year, including financial reporting discussions, planning, or analysis. Others may require assistance with specific projects such as preparing a business plan, financing proposal, or improving accounting processes.
Advisory Services For Business Owners Who:
-
Want clearer insight into the financial performance of their business
-
Are planning for growth or major operational changes
-
Require improved internal reporting to support management decisions
-
Are seeking financing or preparing a business plan
-
Would benefit from professional financial guidance without hiring a full-time in-house finance professional