Financial Statements

All businesses and companies need to keep proper accounting records for their own business needs as well as regulatory compliance.

Financial statements are one of the most important annual reports for your company to make swift and informed decisions. Preparing reliable financial statements takes time and effort, but with today’s cutthroat business environment, it has become a necessity for businesses of all sizes to succeed!

Filing Taxes offer dependable and renowned financial statement services to businesses of all sizes in every sector of the industry. Our expert accountants in Toronto can help you create fast, accurate, consolidated financial statements that comply with international and regional accounting standards. We have several years of experience in financial statement preparation and analysis, meaning that you can be confident that we will do the job right.

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Elevating Business Finances: Fast, Secure, and Affordable Preparation of Financial Statements

A well-structured business financial statement is critical in determining a company’s profitability. Your statements provide a comprehensive collection of your current financial performance. With our consultation and preparation services, our adept accountants in Toronto will put all your necessary statements together. You will experience peace of mind knowing that your statements have been prepared by an accounting firm that not only conforms to all policies but one that has several years of practice.

Our expert team of accountants in Toronto will review your financial records and prepare complete and accurate financial statements of your entity’s financial performance. More importantly, our specialists will help you use these statements, as well as other reports, to better manage your business and increase your profitability.

Our financial statement preparation services are therefore extremely well-suited to both small and large businesses. 

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Why Do You Need an Accountant to Prepare Financial Statements?

The DIY approach can be appealing, especially if it will save you money. However, when choosing an accountant or even just preparing your own financial statements there are some things to watch out for that could easily hurt the final results – amateur mistakes! Our Accounting professionals in Toronto have a wealth of experience and expertise to offer. They know how best to manage your finances, so it’s important you take them up on their offers! 

As a business owner, you are used to wearing many hats and doing things yourself. Some tasks can be time-consuming or stressful -especially if you’re not an expert in that field! Therefore, you need a professional accountant in Toronto to prepare accurate financial statements to take the stress off your shoulders. A time-saver, they will save hours of work!

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Filing Taxes Accountants Provide You with Standard Financial Statements Beyond the Numbers!

Our services will help you prepare for the next stage of your business, while also offering the resources you need to scale up your present one. We can provide you with a comprehensive view of your company’s financial situation.

High-quality financial statement compilations are designed to present information in a format appropriate for the client and circumstances. 

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We are committed to offering the following services with premium quality:

  • Preparation of financial statements 
  • Notice-to-Reader financial statements
  • Financial Statement Analysis and projections
  • Variance Analysis of financial performance
  • Financial audits,
  • Account keeping (monthly/quarterly/annual)
  • Accounting system setup for new businesses
  • Adjusting and closing entries
  • End of the year, monthly and quarterly reports
  • Bookkeeping process review
  • Bank reconciliation statements
  • The trial balance for journal and adjustment entries
  • Ledger preparation
  • Due diligence reporting
  • Control and assurance reviews
  • Mergers and acquisitions
  • Sales tax/HST/GST
  • Financial forecasts
  • Special reports 
  • Identify areas of overspending
  • Identify areas of underspending
  • Budget
  • Related tax preparation services
  • Prove financial responsibility.
  • Financial Statement Analysis

After your financial statement has been produced, our specialist accountants in Toronto will be able to analyze it and identify potential problem areas as well as areas needing improvement. If you already have a financial statement, we gladly offer an analysis that will help you with your transactions.

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Our Distinctive Statutory Business Financial Statements Services in Toronto

Whether a client is starting a new business, in need of a forecasted financial statement, or need of a current financial statement, our professional accountants in Toronto understand, support, and deliver the Statements required to meet each client’s unique business needs.

From a simple business loan to complex income statement preparation, at Filing Taxes, we specialize in putting together high-quality financial reports within short turnaround times. Accounting standards are different worldwide, and changing regulations means you need a partner who is always on the top of his game when it comes to preparing your financials. Our key differentiators enable you to: 

  • more efficiently meet your compliance requirements.
  • have better financial transparency. 
  • access experienced accounts preparation specialists.
  • reduce the risk of incurring late filing fees.
  • augment your finance function efficiently and effectively when necessary; and
  • focus more on your core business activities.
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To Whom Filing Taxes Skilled Accountants in Toronto Serve?

We’re in the business of helping businesses thrive. Whether you need accounting and bookkeeping services, or advice on how to make your company more financially competitive – we have a solution for every type of organization!

We have been providing accounting and finance services for over a decade. With our diverse experience, we can provide comprehensive financial statement preparation that covers all your needs. Our professional accountants have worked with a considerable number of clients  in several sectors including but not limited to:

  • Small and medium businesses
  • Private companies
  • Listed corporations.
  • State-owned entities
  • Closed Corporations
  • Partnerships
  • Sole traders
  • Trusts
  • Government departments 
  • Non-profit 
  • Real Estate

We believe in providing top-notch accounting services to clients across Canada that are not only affordable but also meet regulatory requirements. Curious to learn more about our financial statement preparation services for your business?

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Salman Rundhawa, MBA
Adeel Asim, ACCA
Khila Raj Pokhrel, CA



All Industries

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Visit our convenient location in Downsview Shopping Center
5770 Hurontario St Suite 102
Mississauga, ON L5R 3G5
401 Bay Street, Suite 1600,
Toronto, ON M5H 2Y4, Canada
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