Accounting Services For Calgary Businesses
KL Accounting & Tax Associates provides year-round accounting support for Calgary businesses, including financial reporting, general ledger review, year-end preparation, financial statements and coordination with bookkeeping, payroll and tax filings.
Discuss Your Accounting Needs
PBA Society of Alberta MemberCalgary NE OfficeYear-Round Accounting Support
Why Choose Us
Accounting and Reporting
General-ledger review, reconciliations, working papers and financial reporting based on the agreed engagement.
Year-Round Support
Accounting work can be coordinated with bookkeeping, payroll, GST and corporate tax instead of being addressed only at year-end.
Calgary NE Office
Meet with us at our Calgary NE office or work remotely where the service can be provided electronically.
Scope Confirmed Before Work Begins
We review the records, deadlines and reporting requirements before confirming the work required.
Accounting Services for Calgary Businesses
Financial Reporting & General Ledger Review
Review reconciled records, general ledger information and financial reports to help business owners understand their financial position.
- General ledger review
- Reconciliation review
- Financial reporting
Year-End Accounting & Working Papers
Organize year-end financial information, reconciliations, schedules and working papers for financial statement and tax preparation.
- Year-end reconciliations
- Supporting schedules
- Working papers
Financial Statement Preparation
Preparation of financial statements and related reporting based on the agreed scope of the engagement.
- Balance sheet information
- Income and expense reporting
Financial statement preparation under CSRS 4200 where a compilation engagement is appropriate.
- Management-provided financial information
- Basis of accounting
- Compilation engagement report
Monthly, quarterly, catch-up and cleanup bookkeeping support where accounting records need to be organized or brought up to date.
- Monthly or quarterly bookkeeping
- Catch-up and cleanup support
- Cloud accounting records
Budgeting, cash-flow forecasting and financial analysis to support business planning and decision-making.
- Budgeting and forecasts
- Cash-flow analysis
- Business planning support
How It Works
Initial Review
We review your business, current records, reporting needs and upcoming deadlines.
Organize the Records
We identify missing information, reconcile the agreed accounts and organize the records required for the engagement.
Accounting & Reporting
The agreed accounting work is completed and the applicable financial reports are prepared.
Review & Next Steps
We identify outstanding items, explain the reporting and confirm upcoming accounting or filing requirements.
Ongoing Coordination
Bookkeeping, payroll and tax information can be coordinated where included in the engagement.
Sectors We Serve
Construction & Contractors
Dental Clinics
Physiotherapy & Massage Clinics
Wellness & Spas
Liquor Stores
Consultants & Recruiters
Food Service Businesses
Pubs & Catering Businesses
Accounting Work May Include
Depending on the engagement, services may include:
General ledger review and account reconciliations
Balance sheet and income statement preparation
Year-end schedules and supporting working papers
Review of missing or unreconciled information
Financial information prepared for corporate tax filing
Compiled financial information where a compilation engagement is required
Accounting Services FAQs
The scope can include general ledger review, reconciliations, financial reporting, year-end working papers and financial statement preparation. KL Accounting confirms the records, reporting needs and responsibilities before work begins.
This depends on your transaction volume, the condition of your records and how often you need financial reports. Monthly or quarterly support can help keep information current; year-end support may suit a business with reliable bookkeeping already in place.
Common records include bank and credit-card statements, bookkeeping reports, sales and expense records, loan statements, payroll summaries, tax correspondence and details of assets purchased or sold. Inventory and accounts receivable or payable information may also be needed. The final checklist depends on your business and engagement.
Bookkeeping records and organizes day-to-day transactions and reconciles accounts. Accounting uses those records for financial reporting, year-end preparation and related analysis.
A compilation engagement involves assisting management with the preparation of compiled financial information using information management provides and an agreed basis of accounting. A compilation engagement report accompanies the information. It is not an audit or review and provides no assurance. We confirm whether this type of engagement is appropriate for the intended use.
Yes. We can review existing bookkeeping and records maintained in widely used cloud accounting platforms. Access, record quality, any cleanup needed and the scope of ongoing work are discussed before the engagement begins.
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