FAQ

What do I need to successfully set-up and run my company?

We help with advice from Incorporating (if required) to making sure set-up and reporting to all necessary agencies is established.

What are the main issues to watch for in Bookkeeping and Accounting?

There are many issues to consider: Correct categorization of transactions; what is the difference between an expense and an asset; do I use cash or accrual accounting; how do I understand my financial statements - Income, Balance Sheet, Cash Flow, what does the Canada Revenue Agency (CRA) expect with its standards and rules?

When filing corporate taxes, which documents do I need from my accountant?

We use CRA (Canada Revenue Agency) approved Tax preparation software which contains all documents that may be required for your corporate tax return. Our guided questionnaire prompts us to consider all eligible items to be included.

What should I look for in an accountant/bookkeeper service?

Members who have specialized training and actual industry management experience will have seen first hand many of the issues and challenges a small business owner will run up against. It's a value you should look for!