Accounting and Bookkeeping

The purpose of accounting and bookkeeping is to help the owner-manager manage their business; provide a clear picture of financial performance, and to enable correct tax reporting to the Canada Revenue Agency. Whether you are operating an oil field services company, a cafe', or a successful dental practice, KCA's accounting and bookkeeping services achieves those objectives to keep clients moving in the right direction.

KCA offers the following professional accounting and bookkeeping services:

• Bookkeeping: Corporation Service Suite
• Bookkeeping: Proprietor Service Suite
• Accounting: Compiled Financial Statements

Bookkeeping: Corporation Service Suite

This service suite is ideal for incorporated businesses and professional corporations, as it allows for the proper recording of transactions during the fiscal year. This ensures that the year-end corporate tax return preparation is efficient, timely, and cost-effective.

The Corporation Service Suite includes:

• Recording of revenues, expenses, deposits, cheques, and credit cards
• Preparation of bank reconciliations
• Preparation of Financial Performance Reports, including: Cash Flow Statement, Income Statement, and Balance Sheet
• Compilation of year-end financial statements
• Corporate tax return preparation
• GST return preparation
• Corporate tax filing instructions, and instalments guidance

Bookkeeping: Proprietor Service Suite

This service suite is ideal for sole proprietors or unincorporated businesses as it allows for the proper recording of transactions during the year, which saves time and reduces cost when preparing a client's personal tax return for business income.

The Proprietor Service Suite includes:

• Recording of revenues, expenses, deposits, cheques, and credit cards
• Preparation of bank reconciliations
• Preparation of Financial Performance Reports, including: Cash Flow Statement, Income Statement, and Balance Sheet
• GST return preparation
• Tax return preparation, tax filing instructions, and instalments guidance

Accounting: Compiled Financial Statements

• Professionally compiled financial statements are provided to clients who have their own in-house bookkeeper, but require financial statements summarizing their operations for presentation to stakeholders and/or financial institutions.

• Professionally compiled financial statements are also prepared for clients to whom we provide corporate tax return preparation services.