We were asked by this First Nation community to prepare a quote for their year end financial statement audit as they were looking for better value in terms of fees, expertise and turnaround time. We proposed an audit fee that was fair for the size of the Nation and sophistication of their finance department. We delivered the finalized audited financial statements that were PSAS/ISC compliant, on time and on budget.

When we were approached by this truck & trailer repair shop many years ago, the company was behind with tax filings and customer invoicing. We set the company up with a computerized accounting system, caught up the bookkeeping and tax filings, and incorporated the business. The client is now completing tax filings and payments on time, cash flow has significantly improved and the shareholder has made significant contributions to a retirement plan.

We were asked by this realtor about the benefits and downsides of having a personal real estate corporation (PREC). After several meetings discussing the advantages of deferring taxes, income splitting (however, new rules have come into effect limiting income splitting) and using it as a retirement vehicle, the client wanted to proceed with a PREC. We provided instructions to the incorporating lawyer and set up their cloud-based accounting system. The client has now been able to take advantage of tax deferral with the low small business corporate tax rate and have more money left for future drawings during retirement.

When we were approached by this health services client, they were looking for a new accountant to process their complex payroll accurately and on time. We set up a sophisticated spreadsheet and researched the various rules and reporting requirements for the unions, municipal pension plan and health benefits plan. The client now receives accurate, consistent and on-time payroll and filings, which ultimately reduces administration time and costs.

We were asked by this construction company to assist with transitioning their out-sourced bookkeeping payroll to in-house and also provide them with reviewed financial statements to meet their banking and bonding requirements. We did training sessions with their management team, assisted with their accounting system setup and provided assurance services on their year end financial statements. The company has been able to obtain increased financing for expansion purposes and experienced significant growth in profitability.

The board of directors of this volunteer fire department were looking at outsourcing their accounting and finance functions and asked us to put together a proposal. We outlined our proposed services which included processing payments, preparing monthly financial reports, invoicing for annual fire dues and bookkeeping using fund-based accounting. The fire department now receives up-to-date monthly detailed financial reports that are complete and detailed tracking of fire dues receivables.

Time and time again, we receive feedback from clients saying how happy they are with the service we provide. We take the time to well-inform each and every one of our clients on their tax and/or business situation. We are quick to respond to client requests, whether it's dealing with CRA, providing business advice or training them. We also pride ourselves in quick turnarounds of tax returns and year ends.