Assistance with Incorporation
An incorporated business (also called a corporation) is a type of business that offers many benefits over being a sole proprietor or partnership, including liability protection and additional tax deductions. Forming a corporation also allows you raise capital through sale of shares of your company.
Assistance with Amalgamation
An amalgamation is a combination of two or more companies into a new entity. Amalgamation is distinct from a merger because neither company involved survives as a legal entity. Instead, a completely new entity is formed to house the combined assets and liabilities of both companies.
Succession planning is a process for identifying and developing new leaders who can replace old leaders when they leave, retire or die. In business, succession planning entails developing internal people with the potential to fill key business leadership positions in the company.
File Monitoring for CPA Firms
Providing Cyclical and Annual Monitoring of completed assurance engagements.
Fair Value Estimate
The preparation of an estimated worth or value of all assets and liabilities that are owned by a company or corporation. Useful for owners to gauge value of their business when selling or applying for certain tax situations e.g. section 85.
A forecast of potential earnings, revenue and expenses for a business or corporation. Useful when applying for business loan. We also provide detailed narrative business plan to help understand projected numbers.
Client Representation with CRA
Assist with audits being done by the CRA
The assistance in financial valuations and analysis of a company’s books and records. To support business expansions, acquisitions, divestitures.
Public Company Controller
As head of the accounting department, BASSI & KARIMJEE LLP would act as controller and would be responsible for the company’s: Financial statements, General ledger, Cost accounting, Payroll, Accounts payable, Accounts receivable, Budgeting, Special analyses as well as other duties.