What we do
Business today need a strong network of support -- from advice about tax issues and employee benefits, to assistance with technology and marketing. DMEA Chartered Accountants, a Toronto accounting firm, can be a trusted partner in that network.
As your financial advocate, DMEA Chartered Accountants provides the accounting support you need. By focusing on ways to maximize tax savings, utilizing the most effective technologies, and maintaining an impeccable reputation, we support your success at every step.
DMEA Chartered Accountants -- providing a variety of accounting, tax, and financial services to Toronto business owners.
As your financial advocate, DMEA Chartered Accountants provides the accounting support you need. By focusing on ways to maximize tax savings, utilizing the most effective technologies, and maintaining an impeccable reputation, we support your success at every step.
DMEA Chartered Accountants -- providing a variety of accounting, tax, and financial services to Toronto business owners.
Audit and assurance
With an unwavering commitment to accuracy, our audit process is based on a thorough initial planning process, open and honest lines of communication throughout the year, and a specific methodology of analysis and quality review that will ensure a successful audit, as well as a successful relationship We have developed this successful methodology and are recognized for the quality and thoroughness of our audit process.
We have developed a business advisory approach to audit services, which looks beyond accounting entries to underlying transactions and business systems. We place substantial emphasis on understanding your operations and fundamental business strategies. We don’t view your audit as a commodity. Instead, we see it as a tool that you can use to improve your business. Our audit process is continuous, whereby we address and resolve issues, new accounting standards and changes in your business, etc. throughout the year, not just at year end. A “no-surprises” audit is always our goal.
We have developed a business advisory approach to audit services, which looks beyond accounting entries to underlying transactions and business systems. We place substantial emphasis on understanding your operations and fundamental business strategies. We don’t view your audit as a commodity. Instead, we see it as a tool that you can use to improve your business. Our audit process is continuous, whereby we address and resolve issues, new accounting standards and changes in your business, etc. throughout the year, not just at year end. A “no-surprises” audit is always our goal.
Financial statements preparation
Financial statement preparation, which is a compilation of your general ledger into an understandable set of statements that follows best practices and professional standards. Our team takes your numbers and builds a reliable set of financial statements for various stakeholders, compliance requirements and general business decision making.
Bookkeeping
Day-to-day bookkeeping along with your internal financial statements and year-end statements. Our bookkeeping services perform this task accurately and efficiently, aimed at keeping you focused on your core business.
- Comparative monthly and year to-date income statements and statements of cash flows.
- Bank reconciliations
- Cash receipts journal details
- Cash disbursements journal details
- Sales and cost journal summary
- Comparative monthly and year to-date income statements and statements of cash flows.
- Bank reconciliations
- Cash receipts journal details
- Cash disbursements journal details
- Sales and cost journal summary
Tax Planning & Compliance
In every successful company's life, the ability to navigate the complex tax implications of business decisions becomes a competitive advantage.
To minimize tax risks while to maximize tax savings are significant goals for all businesses. To do so, you need to think
ahead, you also need to take the right steps at the right time, and utilize the deductions, credits and tax strategies that apply to your situation.
It takes expertise, focus, and creativity to identify tax planning opportunities for tax savings. By working with DMEA Chartered Accountants, you get the benefit of our trained professionals working with many companies. Our tax professionals help you identify applicable tax saving strategies and develop a tax plan that fits your business.
Our professionals are qualified in not only in understanding the tax code but also in explaining it in a way that makes it transparent to you. Having DMEA Chartered Accountants by your side makes sure that every opportunity is considered.
- Preparation of tax returns for businesses and individuals
- SRED Claims evaluation and preparation
- New residential rental property HST rebate and HST new housing rebate
- Solve tax problem, preparation of tax appeal
- Payroll tax
- HST returns
- Representation before various taxing authorities regarding client tax return audits
To minimize tax risks while to maximize tax savings are significant goals for all businesses. To do so, you need to think
ahead, you also need to take the right steps at the right time, and utilize the deductions, credits and tax strategies that apply to your situation.
It takes expertise, focus, and creativity to identify tax planning opportunities for tax savings. By working with DMEA Chartered Accountants, you get the benefit of our trained professionals working with many companies. Our tax professionals help you identify applicable tax saving strategies and develop a tax plan that fits your business.
Our professionals are qualified in not only in understanding the tax code but also in explaining it in a way that makes it transparent to you. Having DMEA Chartered Accountants by your side makes sure that every opportunity is considered.
- Preparation of tax returns for businesses and individuals
- SRED Claims evaluation and preparation
- New residential rental property HST rebate and HST new housing rebate
- Solve tax problem, preparation of tax appeal
- Payroll tax
- HST returns
- Representation before various taxing authorities regarding client tax return audits
Business consulting
- QuickBooks support
- Business registration and incorporation
- Business plan
- Trademark registration
- Financial budgeting, forecasts and projections
- Estate and succession planning
- Accounting system, accounting policy set up
- Accounting system review, internal control audit
- Business registration and incorporation
- Business plan
- Trademark registration
- Financial budgeting, forecasts and projections
- Estate and succession planning
- Accounting system, accounting policy set up
- Accounting system review, internal control audit