Our Services

Practical guidance for year-end closing and audit readiness in Canada

Adjusting Entries and Accrual Accounting

Master the mechanics of accruals, deferrals, and period-end adjustments that ensure your financial statements reflect what actually happened during the year. We walk through prepaid expenses, deferred revenue, accrued liabilities, depreciation schedules, and the documentation practices that keep auditors happy.

Accruals and deferrals mechanics
Prepaid expenses and deferred revenue handling
Depreciation and amortization schedules
Supporting documentation best practices

Audit Readiness and Documentation

Get your financial records organized and your documentation complete before the auditors arrive. We help you prepare working papers, reconcile trial balances, document internal controls, and address common audit findings before they become scope items.

Audit timeline and checklist development
Supporting documentation organization
Trial balance review and reconciliation
Internal control documentation

Canadian Tax and Compliance Adjustments

Navigate the differences between GAAP and tax accounting with adjustments specific to Canadian requirements. We cover deductibility rules, timing differences, and the adjustments you need to reconcile book and tax income for your T1 or corporate return.

Book-to-tax reconciliation
Canadian deductibility rules
Timing difference identification
CRA compliance documentation

Year-End Close Procedures and Checklists

Follow a structured approach to closing your books each December 31st. Our step-by-step procedures cover bank reconciliations, inventory counts, expense accruals, revenue cutoff, and the final review process that gets you audit-ready in 2â€“3 weeks instead of a month.

Day-by-day close calendar and responsibilities
Bank and balance sheet reconciliations
Expense accrual and revenue cutoff procedures
Final review checklist and sign-off process

Ready to Streamline Your Year-End Close?

Let’s talk about how we can help you get audit-ready faster and with fewer surprises. Contact us to discuss your situation.

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