Expert Accounting Services in Toronto and across Ontario
Maintaining an accurate and timely accounting of financial transactions is essential to maintaining the successful operation of your business. No matter the size of your business, whether you’re just starting out or your company has been in operation for decades, meaningful and well-organized financial records are key to ensuring your business operations run more efficiently on a daily basis.
The knowledgeable and dependable professionals at Black and Gill LLP have been delivering high-quality accounting solutions to mid-sized and owner-managed businesses in Toronto and across Ontario for over 20 years. Our accounting specialists are attentive and essential business partners committed to providing accurate, one-on-one accounting solutions. As a result, our clients rest easy knowing their accounting needs are in the hands of trusted experts delivering personalized strategies done right and on time.
Expert Accounting Solutions for You and Your Business
Preparing and maintaining accurate and up-to-date financial records is a complex and time-consuming endeavour for many business owners, stealing time and attention from managing and growing their businesses. However, accurate and timely accounting and bookkeeping strategies are critical factors for business owners striving to take their organizations to the next level.
We provide a full range of accounting services at Black and Gill LLP. Our clients benefit from direct, personalized attention from one trusted expert instead of being bounced between many. This allows us to adapt the best strategies and solutions to meet our clients’ specific needs. Our commitment to client care means we take the time to know our clients and understand their businesses so we can create the strategies to meet their unique goals best. We take pride in building long-lasting relationships with our clients by being available and responsive to their accounting needs.
Jonathan Black, one of the firm’s partners, oversees the firm’s commitment to quality as a practice inspector and volunteer at the Canadian Auditing and Assurance Standards Board (AASB), ensuring our clients have peace of mind that their accounting, business advisory, and tax solutions adhere to the latest regulations and standards. This extensive and up-to-date knowledge means we are aware of possible and upcoming changes in accounting standards and how they will impact our clients, ensuring that we deliver proactive strategies that account for any adjustments to reporting and operations.
Audits and Reviews
Ensuring that your financial information is correct is vital for business owners, not only to make certain that your business is running smoothly while remaining compliant with industry regulations but also to detect potential errors or possible irregularities. Whether you are seeking to meet assurance requirements for banks, government grants, or other agreements, our expert team can guide you through the process and meet your specific needs. We also work to determine the engagements that meet the financial needs of our clients while still meeting the required assurance level in an effort to minimize fees.
The knowledgeable team at Black and Gill LLP will review your financial records, ensuring they are accurate and compliant.
- Audit Engagements. Audit engagements provide clients with the highest level of independent and professional assurance for their financial statements and are the accepted standard for businesses to present financial information to banks, shareholders, or other stakeholders. Through a detailed review of financial statements, we deliver a concise report while evaluating your organization’s systems.
- Review Engagements. Review engagements provide a more limited review of your organization’s financial statement compared to an audit. They are often required by potential investors, banks, and other creditors. We provide comprehensive reviews to help your business grow.
- Compilation Agreements. Our trusted accounting professionals can help you by compiling your business’ financial information into detailed financial statements that are compliant, giving you insight into your organization’s well-being.
Financial Statement Preparation
A thorough understanding of your organization’s financial health is vital for business owners and decision-makers, impacting potential financing services, tax planning, and filing strategies. That’s why it is essential to maintain accurate general ledgers and financial reports. However, preparing reliable financial statements can be time-consuming and requires expertise.
At Black and Gill LLP, our accounting experts can prepare general ledger and financial statements quickly and accurately, so your key financial information is at your fingertips.
Compilation of Financial Statements
Ensuring your financial statements reflects your operations is crucial. Our team has extensive experience assisting management with compiled financial statements, including year-end adjustments to help improve the quality of financial reporting. .
At Black and Gill LLP, we are dedicated to providing comprehensive, high-quality accounting solutions to meet the unique needs of our clients.
Bookkeeping
Accurate and up-to-date bookkeeping is a key element for a well-managed business.
The trusted professional accountants at Black and Gill LLP can manage your bookkeeping needs, so you always have a finger on the pulse of your business.
Accounting System Setup for New Businesses
One of the most challenging aspects of starting a new business is determining and implementing the accounting system that meets your business’s unique needs today but will continue to meet those needs as your business grows.
At Black and Gill LLP, we keep up with the latest industry technologies. As a result, we can help you find and implement the accounting system that best meets the needs of your growing business.
Contact Black and Gill LLP in Toronto for Expert Accounting Services
At Black and Gill LLP, our knowledgeable team of Chartered Professional Accountants are attentive and essential business partners committed to providing our clients high-quality, one-on-one accounting solutions. We offer a wide range of accounting services to meet the unique needs of our clients.
An established, full-service Toronto accounting firm, Black and Gill LLP has been delivering reliable accounting services to individuals and owner-managed businesses in Toronto and across Ontario for more than 20 years. Contact us online or call us at 416-477-7681 to learn more about how we can help you and your business.