ACCOUNTING

ACCOUNTING

At FCPA, we work with our clients to simplify complex issues, build financial and operational efficiencies, identify and minimize risk, and to drive financial success. We believe that every client has a unique situation and as such, requires a strategy, tailored to their own long and short-term personal and business goals.

FCPA provides comprehensive, integrated accounting services, including:

  • General ledger & financial statement preparation
  • Compilation of financial statements
  • Audits and reviews
  • Bookkeeping (Monthly/Quarterly/Annual)
  • Set-up of accounting systems for new businesses

TAX ADVISORY

TAX SERVICES

FCPA’s professional tax advice draws upon decades of experience and specialized industry expertise to guide a wide range of clients in navigating Canada’s complex tax laws and the issues and challenges they face. Remaining current on existing and pending legislation and compliance, our team outlines key tax planning opportunities, addresses potential risks and liabilities, and ultimately helps our clients achieve their goals.

Some of the Tax services FCPA offers include:

  • Tax planning for individuals and corporations
  • Tax return preparation for individuals, corporations, not-for-profit organizations, estates and trusts
  • Tax planning for buying/selling a business
  • Retirement and estate tax planning
  • Provincial/federal and international commodity tax planning and compliance
  • Tax strategies and planning for marriage and divorce settlements

TAX PLANNING & PREPARATION

FCPA coaches clients to ensure that tax planning and preparation are considered as part of their overarching business strategy. Applying decades of experience, and in-depth knowledge of ongoing tax developments we work with our clients to develop optimal tax-minimization strategies that are designed to enhance their after-tax position. Tax returns are prepared accurately and proactively to minimize the time required of clients, while optimizing their results.

FEDERAL AND PROVINCIAL SALES TAX (GST, HST, PST AND QST)

Business, individuals and organizations require advice, systems set-up and support in establishing, collecting and submitting sales taxes, as well as negotiating terms and settlements across different jurisdictions. We provide support and advice in the preparation of sales tax returns, as well as in implementing strategies to better track and control sales-tax-related costs.

AUDITS

AUDITS, REVIEWS AND COMPILATIONS

FCPA provides financial reporting to help maximize profitability and minimize inefficiencies on all three levels of assurance:

  • Compilations – reports developed primarily for internal use and based upon client-supplied information
  • Reviews – reports developed by applying some analytical procedures, with limited assurance
  • Audits – reports produced through intensive examinations resulting in the highest level of assurance ESTATE PLANNING & TRUST TAX PREPARATION Effective estate planning provides for the most orderly and efficient transfer of assets to a spouse, family members and other identified beneficiaries. FCPA guides clients through personal and/or business succession processes while working proactively to reduce the taxes owing upon the transfer of assets.

CONSULTING

CONSULTING

At FCPA, our primary goal as consultants is to help our clients achieve their own. This means working together to develop, implement and adjust long-term organizational growth strategies. Through information-gathering, research, establishing and monitoring benchmarks, information, and conducting ongoing analysis, we work with leaders, owners and executives in corporations and organizations, to optimize profitability, find solutions and ultimately, grow successfully.

BUSINESS SUCCESSION PLANNING

Effective transition of your business to your successors is critical to its continued prosperity. With a solid background in tax, succession and estate planning, and other financial matters, we are fully qualified to address the complex issues of business continuation.

Some of our consulting services include:

  • Accounting systems and software determination and implementation
  • Business valuations, purchasing/selling a business
  • Establishing/monitoring KPI’s (key performance indicators)
  • Improvement of business and systems processes
  • Financial, retirement and estate planning
  • ISO accreditation and QA initiatives
  • Change management consulting