At Dulay and Dulay, we provide consistent and comprehensive accounting and assurance services for businesses in Mississauga, the GTA, and across Canada to ensure your business has the tools it needs to function effectively and maintain professional standards. Whether you just need a financial statement created or a business audit, we will tailor a system that works for you.
Accounting and assurance is an important component of your business operations. An organized accounting system is important for generating loans and investors, paying your employees in a timely manner, and meeting industry or legal standards within your industry as well as the CRA. When these tasks become too much or are causing you stress, you can turn to the experience and expertise at Dulay and Dulay to take over.
Financial Statements
A financial statement is an important aspect of any business, providing formal information on your financial records and status. This is an important component for a variety of elements, including applying for loans, securing investors, and making strategic business decisions. Financial statements may include elements such as balance sheets, income statements, cash flow statements, and statements of shareholders’ equity if applicable.
Our accounting and assurance services help you prepare financial statements for your business, ensuring that you have included all of the correct information to make important decisions for your business and that all of the information involved is up to professional standards.
Audits, Reviews, & Compilation Engagements
Audits and reviews are conducted to review the elements of your financial reports to ensure that all of the information presents an accurate, cohesive view of your company’s financial position. An audit will take into account all of your financial records and documents at a high level of accuracy and thoroughness, providing reasonable assurance. Meanwhile, a review is conducted on a smaller scale, and while it provides more limited assurance, it can be a more viable and affordable option for smaller or startup businesses. Compilation engagements are not conducted for the purpose of assurance and are based on internal information from the client for use within the company.
Bookkeeping
Our bookkeeping services are designed to help your business run more efficiently and productively with organized, well-kept records and account management systems. Additionally, we ensure that your records are kept securely and safely, and can easily be accessed or located when necessary.
Bookkeeping services may include important tasks such as:
Reconciling bank and credit statements
Managing accounts payable and receivable
Writing daybooks, ledgers, and journal entries
Ensuring all files are up to date and neatly organized
Account verification
Data entry
HST, Payroll, WSIB, & T-Slip Preparations
When your business begins to grow, your employee roster will also grow. As you begin to expand your team of employees, you will need to implement payroll management systems to ensure all of your employees are paid in a timely manner, in accordance with provincial and federal laws. Our accounting and assurance professionals can arrange, administer, and/or streamline your payroll solutions for you, as well as all the additional elements required when managing employees, including T-Slip preparations, WSIB registration, EI deductions, and more.
We can also assist you in collecting HST from your clients and ensuring all of your tax deductions are in order and in accordance with the CRA, helping you maintain financial transactions and sales tax returns for seamless operation.
We Make Accounting and Assurance Easy
Working with the professional team at Dulay and Dulay means you don’t have to worry about these financial aspects of your business. You worry about bringing in clients, producing quality products, and managing your business, and we’ll focus on accounting and assurance.
If you have any questions or would like to get started on setting up an accounting and assurance services package with our professional accountants, get in touch with us.
