Specialised accounting across different industry verticals.

Financial statements, tax and audit work — reviewed by a CPA before it leaves the office

Since 1997, Theva (Dave) Somasundaram CPA, CGA has specialised in the review and compilation of financial statements for owner-managed businesses, privately held organisations and not-for-profits across a wide variety of industries. Unlike firms that market themselves on price, we give weight to experience, professionalism and promptness.

01

Financial Accounting

Statements, books and HST filings kept accurate and on schedule, so the numbers you make decisions on are the right ones.

Financial statement preparation

Statements built around your reporting cycle — annually, semi-annually, quarterly or monthly — to raise your bottom line.

Bookkeeping service

We record purchases, sales, receipts and payments so your ledger is audit-ready at any point in the year.

HST returns

Filed on time, with the correct HST recovered on the purchases and services you paid for.

02

Management Accounting

Budgets, cost analysis and variance reporting that tell you where the money actually goes — and where it can stay.

Budgeting

Budgets and cost analysis prepared to the standard banks and financial institutions expect when you seek financing.

Financial analysis

We read your numbers back to you and identify where savings are available.

Variance analysis

Actual spend measured against budget, with the reasons behind every material variance.

03

Financial Systems

A chart of accounts designed for your industry, a general ledger that balances, and a team trained to keep it that way.

Chart of accounts design

Built specifically for your business rather than lifted from a template.

General ledger set-up

Structured so month-end close is a routine task instead of a reconstruction project.

Systems and process training

Hands-on training in QuickBooks, Simply Accounting or MYOB for you and your staff.

04

Taxation

Corporate and personal returns prepared by people who read the Income Tax Act for a living — and plan ahead of it.

Income tax preparation

Navigating the reporting requirements of the Income Tax Act is a daunting task. Our streamlined process makes filing straightforward.

Business tax services

We prepare your business tax return and file it online.

Tax planning

Planning your position in advance to avoid late filing and to raise your bottom line.

05

Government Audit Process

If the CRA comes calling, you have someone who has done this before standing between you and the file.

Audit representation

Our audit accountants handle correspondence, documentation and follow-up on your behalf.

Review and appeal support

We assemble the supporting records that a reviewer needs to close the file.

Ongoing compliance

Once the audit closes we tighten the processes that opened it in the first place.