Controllership
The Right Captain To Sail Your Business
Controllership Services
If you think your business is too small to have a Chief Financial Officer (CFO), think again. Growing businesses often reach a point where you require professional financial advice but cannot justify employing a full time CFO or Controller. We offer part time controllership services.
- Hands on advice about financial controls and procedures.
- Assist in month end processes and help ensure that your business is in compliance with regulatory agencies including tax filings such as T3s, T4s, T5s, HST/GST etc.
- Prepare budgets for profit planning, costing your products or services and setting financial targets and goals.
- Actively assist you in interpreting your monthly reports that monitor key performance indicators.
- We work with your accounting and financial staff to ensure that all required systems and procedures are properly established and implemented. We also provide accounting software training and implementation.
- Custom made controllership plan according to your needs.
- Automating the bookkeeping workflow by eliminating the data entry. We can help with scanning receipts, invoices and bills into an automated workflow.
Business Startup
When you are ready to make your dream a reality, we can help set up the most appropriate entity for your business, whether a sole proprietorship, partnership, or incorporation regardless of whether you are investing in real estate, portfolios, or private businesses.
There may be advantages to incorporate your business because a corporation, in law, is a separate legal entity. It can easily enter into contracts and transactions on its own. At the same time, these are subject to certain corporate governance and supervision. We can advise on various pros and cons.
Business-Plan
Every business, irrespective of its size, needs a plan to embark on the right path and achieve steady growth. This is like a road map to success and you can plan your trip accordingly. On the way you can anticipate challenges and opportunities and determine how to grow your business. Use our expertise to plan for your success.
Record keeping services
Good record keeping is not only required by the law, but it can save you a lot of time and money if you maintain your records and documents appropriately. You may require producing your receipts, transactions to tax authorities, bankers, stakeholders, creditors, etc. We can help you setup an electronically controlled record keeping service.
Future Oriented Financial Information (FOFI)
FOFI is for external users to evaluate an entity’s financial prospects and is either in the format of general purpose financial statements or in a special purpose format as agreed between the parties. We can provide FOFI engagement services in accordance with recommended accounting standards of measurement, presentation, and disclosure.