Accounting & Bookkeeping
Accounting and bookkeeping can be overwhelming for business owners due to the time and energy they require. Additionally, numerous accounting and reporting standards might apply to your business. Refer to www.ifrs.org or www.frascanada.ca for a list of accounting standards. Your business demands your utmost attention, as you are the expert in what you do. Your time is a limited resource and should be utilized for what you do best. You don’t need to spend hours managing your books! Our team of experts can help you establish an efficient and easy-to-use accounting and bookkeeping system. This will ensure you have timely and accurate information for your decision-making. Regardless of your business size or model, you need an accounting system that provides reliable and accurate information to support the growth of your business.</span>
Our expertise
Our team ensures that your business has an accounting system that provides relevant and reliable information. Efficiency of use is also critical for business owners. To accomplish this, we design customized accounting systems by understanding your business and its unique requirements. All of this is to ensure you stay focused on core business activities, while we take care of your accounting and bookkeeping needs. We use cloud-based tools to ensure that you can access your information anytime. Some of the tools we use are discussed in Cloud Accounting.
Focus on your business
We realize that you are working towards the success of your business and may have many pressing deadlines and targets, to ensure focus on your core business activities our team makes sure to manage your books with a simple and straightforward approach. Whether it’s simply producing periodic accounts, handling complex accounting issues, or managing reports, you can trust our team to complete the job seamlessly without any hassle.
What services AUF Consultants provide
We provide complete solutions for our clients to ensure all of their requirements are addressed and they don’t have to spend any time coordinating with different service providers.Financial RegulationAccounting for complex/unusual transactions.
- Accounting for complex/unusual transactions
- Cloud-based Bookkeeping
- Quickbooks/Xero/Sage/Netsuite implementation & support
- Budgeting, forecasting, and cashflow projections
- Payroll management including government remittances
- Ensuring GST/HST compliance and filing with CRA
- Staff training for invoicing, expense claims, and other tools for improved efficiency
- Tax planning and year-end federal & provincial tax return filing
- Business planning, acquisition, mergers, or disposal of business units
What services AUF Consultants provide
We provide complete solutions for our clients to ensure all of their requirements are addressed and they don’t have to spend any time coordinating with different service providers.
Why choose us
Proven Expertise
Leverage our years of experience and specialized knowledge to drive success in your unique challenges.
Client-Centric Results
Tailored solutions and a commitment to client satisfaction ensure tangible and impactful outcomes for your business.
Innovative Approach
Our forward-thinking methods and trend-setting commitment ensure innovative solutions for your success.
The Management Report contains financial and operational insights of the business. The frequency of the Management Report is determined by owners and executives to aid in decision-making. It may also encompass complex reports such as ratio analysis, accounts receivable aging, and operating budget to actual analysis. The Management Report serves as a form of business intelligence, providing insights into the organization’s direction.
Our team manages the books of accounts for your business and delivers a monthly Management Report to business owners and executives. This report includes statements of financial position, business performance, and other key performance indicators that management desires. Additionally, we provide exception reporting that is relevant for efficient and timely decision-making to address any business risks.
Our team will deliver an annual set of financial statements prepared in accordance with the financial reporting framework applicable to your business. Whether you are reporting under International Financial Reporting Standards (IFRS), Accounting Standards for Private Enterprises (ASPE), Accounting Standards for Not-for-Profit Organizations (ASNPO), or Public Sector Accounting Standards (PSAS), our team will ensure compliance with the accounting framework adopted by your organization. In addition to the financial statements, our team will deliver an annual report highlighting key financial metrics that drive your business.
While managing your books of accounts, our team will also ensure to provide year-round consultation. We offer support to you and your team for any accounting or bookkeeping-related questions or concerns. Additionally, we will provide an interpretation of the relevant accounting standards. Copies of the accounting standards are available on www.ifrs.org and www.frascanada.ca.