Did you have a good year? 

Most entrepreneurs have a good idea how well they've done as a direct result of their day-to-day involvement in the business.

If you use a computer to handle your accounting needs, you should have had regular reports during the year that will usually provide you with a reasonably accurate assessment of your results.

After the business year is over, we work with you to prepare financial statements based upon your accounting records, to give a truly accurate reflection of your results.

Issues often overlooked by clients include:

	Accruals and prepayments
	Repairs and maintenance vs. capital
	Bad debt provisions
	Work in progress
	Inventory valuation
	Depreciation and amortization

These items can often have a major effect on the actual results achieved. 
Our year end reporting service provides you with total peace of mind - giving you 
an accurate snap-shot of your performance for the year and of your financial position as at the balance sheet date.

Having professionally prepared financial statements also lends credibility to these figures, should you show your financial statements to your bank in order to renew any lending arrangements or to a potential buyer of the business.

Last but not least, these reports also form the basis of the information needed to complete your tax return. 

It is therefore in your best interest to ensure that your year end results are indeed accurate, that you have claimed all allowable deductions, and that your overall tax plan (corporate and personal) is addressed to ensure that you minimize your overall total income tax liability. 

Call 416-410-2296 to book your free initial meeting.