At Farrukh Ahmed, CPA it’s all about service. Our staff is friendly and courteous and we understand that every client is unique and has different service requirements so we personalize our services accordingly. We always strive to provide the best possible service to our clients by taking a proactive rather than a reactive approach.
 
A wide range of professional services are offered and listed below. However, they are not limited to those listed. If you require additional services please contact the firm.


ACCOUNTING SERVICES

We provide comprehensive accounting services. Accurate and timely financial records are a basic requirement of every business. This allows busniess owners  to make sensible, well-timed, and relevant decisions about their business.
 
We provide the following accounting services:

  • Monthly, Quarterly, or Annual accounting
  • Financial Statements
  • Notice to Reader Reports
  • Periodic onsite accounting services
  • Analysis of accounting records prepared by clients


TAXATION SERVICES


We provide both personal and corporate tax services. By following a proactive versus reactive approach we are able to identify areas of potential tax liabilities and savings, and accordingly advise our clients.

We provide the following tax services:

  • Personal Income Tax Returns
  • Corporate Tax Returns
  • T3 Trust Income Tax Returns
  • T4 Summary Returns and T4 Slips
  • T5 Summary Returns and T5 Slips
  • HST Filings
  • WSIB Filings
  • EHT Filings
  • Tax Planning
  • Assistance with CRA audits


BUSINESS ADVISORY SERVICES


In today’s dynamic world, business advisory services take on even greater importance. It is important to identify both opportunities and threats to a business, and to plan accordingly.

The following business advisory services are offered:

  • Profit and loss analysis
  • Cost and benefit analysis
  • Advice on how to maintain and increase profitability or how to deal with losses
  • Advice on running a business more efficiently
  • Assistance with buying and selling a business
  • Accounting systems
  • Sage Accounting and Quickbooks training and support
  • Financial forecast and projections
  • Making financial statements understandable
  • How to set up share structures within a corporation
  • How to set up Holding companies

Services