Construction Accountant Toronto
A reliable, professional accountant is necessary for any successful business, but in construction, accounting services are particularly important. Because the construction industry has its own idiosyncrasies, it’s important to choose an accountant with plenty of experience working in that space.
Our knowledgeable construction accountants are flexible enough to understand what is right for each contract or project and always make sure to leave no stone unturned. Our goal is to promote the financial stability of your company and enhance your profits.
We are dedicated to providing the best construction accounting services and are proud of the longstanding, trusting relationships we have built with our clients. We understand that in construction, accounting must be proactive and adaptable to constantly fluctuating workloads, so we make it a point to keep meticulous track of your expenses and profits to avoid surprises at the end of the year.
Dealing with taxes is sometimes one of the most complex aspects of running a business, and the simplest mistake can be costly. Our construction accountants thoroughly understand how taxes apply to the industry. We provide solid advice and reliable services, always maintaining a vision of both your day-to-day operation and your broader long-term goals.
As an accounting firm with plenty of experience in construction, we take advantage of every available resource to handle your tax matters in the most straightforward manner, either in Canada or abroad. We aim to minimize your tax burdens while maximizing the growth of your company.
Our corporate tax services include tax consulting, income tax filing, regulatory and compliance filing, and compensation planning.
Quality accounting services are much more than an end-of-year financial statement. A top-tier construction accountant will become your valued financial counselor, collaborating with you to develop a long-term financial plan that fits your business while making sure you meet your compliance requirements.
With our accountants, you can be sure of sensible, cost-effective advice that will improve your profits vs. expenses balance. We employ our education, professional knowledge, and experience to promote your financial growth and develop a robust financial strategy. We will be there for you throughout the year, not just at the end of it.
Our services include:
- Accounting consultation and recordkeeping
- Regulatory and compliance filing
- Accounting compilations
- Risk management and internal controls
When you move toward a deal or contract, you want full reliability and no surprises. Our transaction advice is backed by years of expertise in the construction industry and provides a wide context to help you make the right financial decisions with the utmost clarity.
Our proactive advice will help you weigh the risks and opportunities involved in a major transaction for optimal value and minimal jeopardy. We work with the vision of helping you achieve your financial goals while preserving your company’s financial security and integrity.
We will assist you in areas such as:
- Transaction tax
- Alternative financing structures
- Raising and restructuring capital
With our extensive transaction experience, you know you’ll have the best chance for reduced risks and enhanced profits.
Frequently Asked Questions
Here are some of the most common questions clients ask about our accounting services.
Do I Really Need an Accountant? Could I Save Money and Do This Myself?
When you are running a business, you want to have peace of mind knowing that all your financial records are accurate, up to date, and regularly maintained. Confusion in records or lack of timely maintenance can cost you a lot of time, money, and aggravation.
When trusting us, you get a dedicated, reliable team with industry-specific expertise in accounting for construction companies. We will make your life a lot easier and save you money in the long run.
A Bookkeeper vs. An Accountant: What is the Difference?
A bookkeeper generally handles monthly ledger maintenance. An accountant, on the other hand, will also give you a detailed review and analysis of your financial statements, along with solid financial advice that will promote your company’s growth. We consider the success of your business as our success and walk alongside you in devising long-term strategies toward reducing costs, optimizing profits, and handling taxation.
How Do I Choose an Accountant?
When choosing an accounting firm, look for one with experience in preparing financial documents and filing tax returns for companies similar to yours in size and revenue. You’ll also want someone with relevant expertise in the construction industry. Recommendations are helpful, but you should trust your own impression and ask relevant questions, such as:
- What kind of clients do you service? Do you focus on small or mid-size businesses or larger companies?
- Are you available throughout the year?
- Do you serve clients who have more than one business?
- What cloud-based systems do you use?
- What kind of certifications and experience do you have?