Services
Our firm offers a wide range of services to our individual and business clients. Our clients benefit from personalized, quality service that is beyond comparison. We have listed selected services that we offer to our clients. Please feel free to inquire about a service if you do not see it listed below.
Assurance and Accounting
Audit Engagements
The highest level of assurance available for your financial statements. We are able to provide an independent professional opinion on the fairness of the financial statements through the study and evaluation of the company’s system of internal control, and by inspection of documents, observation of assets, making enquires within and outside the company, and by other generally accepted auditing procedures. Audited financial statements are used as a means to report to shareholders, bankers, creditors and government.
Review Engagements
A review engagement consists of inquiry, analytical procedures and discussion based on the original source documents to allow us to report on the plausibility of the financial statements. A review engagement is often required when obtaining or renewing bank financing and is a useful tool for business consultation.
Compilation Engagements
This is the most basic of financial services, the objection being to compile unaudited financial information into financial statements or reports based on information supplied to us. This service would be applicable when financial statements are needed only for the exclusive use of the company or for income tax purposes.
Business Consulting
CashFlow and Budget Analysis
We will evaluate your current financial position and assist you in the preparation of financial projections and business plans. We are also able to help arrange capital or financing facilities appropriate for your business.
In addition to forecasting we can also assist in cash flow budgeting, which is an essential part of sound financial management and can be a useful management tool to help avoid shot-term shortages of cash.
Computer Consulting
We can help implement and navigate your company’s accounting software such as Quickbooks and Simply Accounting.
Internal Control Review
Our team has the experience to assess your business systems and controls to ensure efficiency and help your company accomplish organizational structure and flow.
Tax and Estate Planning
Bateman MacKay serves as a resource for tax planning opportunities for businesses and individuals. We provide expert advice regarding succession and estate planning including tax compliance and preparation of personal and trust income tax returns.
Our professional team of accountants also offers strategic investment and tax planning to optimize your after tax position.
Tax Preparation Services
We provide optimal tax compliance ensuring the completion of all forms and returns required by each level of government. This includes all personal and corporate income tax filings and supported schedules, including WSIB, EHT and HST returns. We also provide interaction assistance with all federal and provincial agencies.
Tax legislation changes and emerging market trends affect all areas of financial reporting. Our tax services team is focused on creating a strategy to optimize your tax results and ensuring compliance with ever changing tax laws and reporting standards.
U.S. Tax Planning and Compliance Services
As part of our complete tax planning service we offer U.S. tax return compliance and consultancy for our clients. Our tax professionals can develop a strategy to minimize your overall Canadian and International tax liabilities.
Our tax professionals are available to provide planning and compliance related to:
Corporate U.S. Federal and Local Tax
Non-resident individual tax returns
U.S. Estate Tax
Offshore Investments
Scientific Research and Experimental Development (SR&ED) Tax Credit Recovery
The Scientific Research and Experimental Development program is a federal tax incentive program that encourages Canadian businesses to conduct research and development on Canada. The program gives businesses cash refunds and/or tax credits for their expenditures on eligible work done in Canada.
Privately held companies, as well as publicly listed companies engage us to assist them in the analysis and documentation of scientific research expenditures. Because our staff has an in-depth knowledge of the SR&ED program review process and requirements, we can navigate you through the filing process quickly and effectively.
Mergers and Acquisitions
Buying and selling a business can be a difficult and often emotional process. We are available to provide sound tax advice and prepare information to assist with the purchase or sale transaction including:
Due Diligence
Purchase and Sale Transaction Structuring
Post – Acquisition Tax Planning and Reorganization
Financial Planning
At Bateman MacKay we can help you create and implement a financial plan that suits your specific needs and goals. We will work with you to create a plan to enhance your long-term financial success and security.
Executives, owner-managers, health professionals and individuals with complex investment or tax situations consult our firm regarding their personal tax planning and investment strategy. We will help you analyze your current situation to develop and prepare a financial plan tailored to meet your goals and objectives, values, and risk tolerance, while providing projections and recommendations. |
