Accounting & Financial Reporting
KRP’s specialists can guide you and your company through your accounting and financial reporting.
Navigating the complexities of reporting to stay compliant
In these fast-changing times, it is important to make sure that your accounting is correct and your financial statements are compliant. Many things can impact your financial statements and accounting processes, and accurate accounting and financial reporting are paramount to financial transparency, evaluation of tax liabilities, mitigation of errors, and better decision making, planning and forecasting. Even the smallest error on a financial statement can have a major impact on a business.
At KRP, our team of professionals has the technical knowledge and industry experience to help you assess all variables, help decide what is best for the business, and ensure stakeholders that reporting is done accurately, objectively, and transparently.
Our Chartered Professional Accountants offer a variety of services, including:
- Balance sheets, profit & loss, cash flow statements
- Statutory reporting services
- Quarterly and annual reports
- Implementing the latest accounting changes
- Post-general ledger (record) accounting i.e., period close, reconciliations, trial balance compilation
- Evaluation of deficiencies in internal controls
- Revenue recognition
- Transaction services
- IPO readiness
- Custom financial reporting
Insights and News
How to Sell Your Business
A guide outlining the steps, processes, and options when selling a business
Canadian Federal Budget 2023
On March 28, 2023, the Canadian Federal Government presented Budget 2023.
Canada’s New Underused Housing Tax
The federal government has legislated a new tax return and tax on underused housing in Canada.
Scientific Research Experimental Development Claims
Our tax professionals can help you maximize your company’s tax credit potential and guide you through the complex SR&ED eligibility process.
Mergers & Acquisitions
Our team can help you develop tailored solutions for your company’s financial challenges.
Agriculture / Farm Tax
When you’re facing changes that affect your livelihood, our farm tax specialist can help.
International Corporate Tax
If your business operates outside of Canada, you need experienced advisors to keep you on top of your tax obligations.
Retirement & Estate Planning
Our team specializes in estate planning and can review your unique circumstances to provide tailored solutions for your family.
Don’t be caught off guard. Let our experts help you plan ahead and understand how indirect taxes affect your transactions.
Our team at KRP specializes in bridging the gap between blockchain technology and traditional accounting practices.
Assurance & Accounting
You can count on us to deliver the accurate and timely financial information you need to succeed.
Reviews & Compilations
When a full audit is not required, KRP can conduct a review or compilation to ensure your financial statements are put together in a professional manner.
Take back your time and take your business to new levels with KRP’s cloud accounting services.
Consulting & Special Projects
When you’re up against a challenge, you can count on us for creative, cutting-edge thinking and innovative solutions.
People & Change
When you need assistance related to people and change, our experienced professionals can tailor solutions to help your organization thrive.
Risk Management & Internal Audit
We provide the independent and objective outlook you need to make sound decisions for your organization.
Business & Financial Advisory
Reach your goals sooner with the strategic advice of our knowledgeable consultants.
Before you undertake a major development project, let our experts help you evaluate and plan the best way forward.
Financial Litigation Support and Loss Quantification
KRP’s experienced Financial Litigation Support and Loss Quantification team offer a full range of expert services to the legal and business community.
Our financial experts can help you navigate challenges toward the best possible result.