Small Business Accountant in Markham & Thornhill

TANgible Process for Small Business Accounting

Our small business accountants in Markham & Thornhill help our clients maximize their tax refund while adhering to regulatory compliance. We do that simply by searching for tax saving opportunities for our clients. In addition, we provide guidance on avoiding common errors that lead to significant tax liabilities.

Step 1:

Retrieve Accounting System Reports

Courier or send your accounting information to our accountants

Step 2:

Your TANgible Management Accountant

Our qualified CMAs, CPAs have expertise in profit and growth strategy and will provide customized solutions.

* Compilation of financial information can be offered through year-end bookkeeping services

Step 3:

Business Intelligence

Meaningful and useful reports drive sound business decisions.

Key financial drivers provide the intelligence needed to increase profitability.  We have customized reports, that provide analysis (see Financial Analysis) that evaluates business performance.   We prepare concise summary reports showing the total impact and highlight the key areas of improvement, allowing a target approach in monitoring financial goals. See Key Functions of our Small Business accounting service.

Note 1– FINANCIAL ANALYSIS Includes:

– Cash Flow Forecast / Budgets
– Comparatives against company metrics and industry
– Trend Analysis
– Business Plans (foreign investors)

Note 2 -Detailed Functions of Small Business Accountant:

– Oversight of all work completed by our bookkeepers, close client books on a monthly or quarterly basis and provide consultations on a wide variety of client matters.
– Accounting documentation, including processes, procedures and operations manuals
– Job costing and inventory tracking
– Key metric benchmarking
– Third party accounting software selection and implementation
– *Audit preparation and advisory services

 

COMPILATION ENGAGEMENT & AUDIT PREPARATION:

Preparation of Financial Statements to be submitted to Auditors, Lenders and Stakeholders

NTR “Notice to Reader” – Adherence to professional standards, and provides no opinion

At TANgible, we have over a decade of experience in preparing Financial Statements, while maintaining rigorous standards.

Our service provides a cost-effective solution for your audit engagement.  We liaise with auditors to meet their time-sensitive demands.  Our partners are directly involved in the engagements to ensure open lines of communication with both auditors and the business owner.

We regularly partner with Auditors and are confident in the accuracy of the guidance we provide to uphold audit compliance.

 

BUSINESS PLAN SERVICES

We have relationships with several lending institutions and know what their requirements are for funding a new business or expansion. We can write an entire business plan with industry research and 3-year financial projections at a competitive rate. We can provide this same service to foreign investors who wish to open business in Canada, thereby conferring Canadian Permanent Resident Status. Discover the advantages of Business Immigration to Canada with our business and immigration consulting team. We are members in good standing of the Canadian Chartered Professional Accountants (CPA) and the Immigration Consultants of Canada Regulatory Council (ICCRC), which puts our firm in the unique position of having both of these qualifications.

As Canadian immigration lawyers will tell you, one of the most important documents that applicants need when applying for a business or employment-related visa is a comprehensive business plan. The business plan in obtaining Canadian Permanent Resident Status is critical because it documents that the business you wish to acquire or launch is sustainable. It supports the fact that the applicant will be able to “stimulate the Canadian economy through job creation and capital investment” according to the Canadian Citizenship and Immigration Service, the government agency that oversees lawful immigration to the Canada.

 

Small Business Accountant Testimonials

I was referred to TANgible Accounting by the Royal Bank of Canada. RBC referred us because we were in need of a business loan; TANgible Accounting was recommended because of their retail industry expertise in providing business plans and financial projections. I was very impressed by their knowledge in the retail stores and pet service industry. A detailed and through analysis was conducted with external research in developing the financial forecast in creating my business plan. I was happy with their eagerness to complete the project in a timely manner before the grand opening of my business. I would highly recommend their Consulting and Advisory services.

Alyona Z, President of Beverley Hills Doggie Hotel