Core Accounting & Compliance
Professional corporate bookkeeping and accounting Vancouver services that provide clean books, reliable workflows, and decision-ready reporting for BC corporations. Our corporate bookkeeping and accounting Vancouver approach helps businesses maintain accurate financial records, establish consistent accounting processes, and ensure compliance with regulatory requirements. We deliver comprehensive accounting and compliance services that support operational excellence and informed decision-making.
Whether you need ongoing bookkeeping, financial statement preparation, payroll processing, or CRA audit support, our core accounting and compliance services provide the foundation for accurate financial reporting and regulatory compliance. We work with businesses to establish reliable accounting workflows, maintain clean financial records, and ensure your books are ready for tax preparation, financing, or strategic planning.
Trust and Value
Clean Financial Records
Maintain accurate, up-to-date financial records that provide clear visibility into your business performance and support informed decision-making.
Reliable Workflows
Establish consistent accounting processes and workflows that ensure timely month-end closes and reliable financial reporting cadence.
Decision-Ready Reporting
Receive timely financial statements and reports that provide actionable insights and support strategic business decisions.
Regulatory Compliance
Ensure compliance with CRA requirements, accounting standards, and regulatory obligations to minimize risk and maintain good standing.
Core Accounting & Compliance Services
Comprehensive accounting and compliance services that maintain accurate financial records and ensure regulatory compliance for BC corporations.
Business Accounting Services
Comprehensive accounting services including financial statement preparation, account reconciliation, and general ledger maintenance to support accurate financial reporting and business decision-making.
Bookkeeping Services
Regular bookkeeping services including transaction recording, bank reconciliation, and accounts payable and receivable management to maintain accurate financial records.
Bookkeeping Cleanup & Catch-Up
Bookkeeping cleanup and catch-up services to bring financial records current, resolve discrepancies, and establish accurate accounting foundations for ongoing compliance.
Financial Statements – Compilation (NTR)
Notice to Reader financial statement compilation services that present financial information in accordance with accounting standards for lenders, investors, and stakeholders.
Payroll Services
Payroll processing services including payroll calculations, remittances, T4 preparation, and compliance with employment standards and tax requirements.
T4/T5/T5018 Year-End Slips
Year-end slip preparation including T4, T5, and T5018 slips to meet CRA filing requirements and provide accurate tax reporting for employees, shareholders, and contractors.
Corporate CRA Audit & Representation
CRA audit representation services that support businesses through audit processes, respond to CRA inquiries, and help resolve tax matters with the Canada Revenue Agency.
What's Included
Our core accounting and compliance services include comprehensive accounting support:
- Regular account reconciliations including bank, credit card, and balance sheet account reconciliations
- Monthly or quarterly month-end close processes with financial statement preparation
- Documentation workflows and process documentation to ensure consistent accounting practices
- Regular reporting cadence with financial statements, management reports, and variance analysis
- Compliance touchpoints including CRA remittances, payroll compliance, and regulatory filing support
- General ledger maintenance and chart of accounts management
- Accounts payable and accounts receivable management and tracking
- Coordination with tax preparation services for year-end tax filing readiness
How It Works
Initial Intake
We discuss your accounting needs, review current records, and establish secure access to your financial systems and documents.
Secure Access Setup
We establish secure access methods, implement data security protocols, and ensure compliance with privacy requirements.
Month-End Close Rhythm
We establish regular month-end close processes with defined timelines, reconciliation schedules, and financial statement delivery cadence.
Year-End Handoff
We prepare year-end financial packages and coordinate handoff to tax preparation services to ensure seamless tax filing preparation.
Software We Support
Our core accounting and compliance services work with common cloud accounting and payroll platforms used by BC businesses.
Who It's For
Our core accounting and compliance services are designed for:
- Owner-managed companies needing comprehensive accounting services to maintain accurate records and ensure compliance
- Teams needing close support requiring regular month-end close assistance and financial reporting support
- Companies preparing for financing needing clean financial records and lender-ready financial statements
- Multi-entity bookkeeping requiring coordinated accounting across multiple business entities
- Growing payroll needs requiring payroll processing, remittances, and year-end slip preparation
Frequently Asked Questions
Core accounting and compliance services typically include bookkeeping, financial statement preparation, account reconciliations, month-end close processes, payroll processing, and compliance support. Service scope depends on your needs-some businesses need comprehensive accounting including bookkeeping and financial statements, while others may need specific services like payroll or year-end slip preparation. We discuss service scope during initial consultation and tailor services to your requirements. However, service scope depends on business complexity, accounting needs, and engagement objectives. We provide accounting services that maintain accurate records and ensure compliance, but service scope is customized based on your specific needs. We coordinate with your internal team to understand requirements, but effective accounting services require clear communication about scope, timelines, and deliverables.
Month-end close typically involves completing account reconciliations, reviewing transactions, adjusting entries, and preparing financial statements. Close timelines vary depending on business complexity, transaction volume, and data availability. Simple businesses may complete month-end close within several days, while more complex businesses may take longer. However, close timelines depend on many factors including data quality, system integration, and internal team responsiveness. We work to establish efficient month-end close processes, but close success depends on timely data access, accurate records, and clear communication. We coordinate month-end close activities, but effective close processes require collaboration with your team and timely information sharing. Month-end close timelines are discussed during engagement setup, but actual timelines may vary based on business complexity and data availability.
We help establish accounting controls and documentation including reconciliation processes, approval workflows, and process documentation. Controls typically include bank reconciliation procedures, expense approval processes, and documentation requirements. However, control implementation depends on business size, complexity, and management preferences. We work to establish appropriate controls for your business, but control effectiveness depends on organizational commitment and management support. We document accounting processes and establish workflows, but ongoing control effectiveness requires adherence to processes and management oversight. We provide guidance on controls and documentation, but control implementation success depends on organizational discipline and management follow-through. Controls and documentation help ensure accounting accuracy, but effective controls require ongoing attention and management support.
We work with common cloud accounting platforms including QuickBooks Online, Xero, Sage, and other cloud accounting systems. We also work with payroll platforms and other business systems commonly used by BC businesses. However, software compatibility depends on your current systems and accounting needs. We typically work with your existing accounting software rather than requiring switches, but software recommendations may be made if current systems don't meet your needs. We discuss software requirements during initial consultation, but software decisions depend on your business needs, system capabilities, and preferences. We provide accounting services that leverage your existing systems, but software effectiveness depends on system capabilities and data quality. We coordinate with your team to understand software requirements, but software decisions are made by your business based on your needs and preferences.
Year-end readiness involves ensuring financial records are complete, accurate, and reconciled through the fiscal year-end. We coordinate year-end close processes, prepare year-end financial packages, and ensure records are ready for tax preparation. However, year-end readiness depends on maintaining accurate records throughout the year, completing year-end reconciliations, and addressing any outstanding items. We work to ensure books are year-end ready, but readiness success depends on data quality, record completeness, and timely completion of year-end processes. We coordinate with tax preparation services to ensure smooth handoff, but year-end readiness requires ongoing attention to accounting accuracy throughout the year. We provide year-end preparation support, but effective year-end readiness depends on maintaining clean books and completing year-end processes in a timely manner.
Get Started Today
Ready to establish reliable accounting processes? Contact us to discuss how our core accounting and compliance services can support your business's financial record-keeping and compliance needs.
