SERVICES

Our firm understands the importance of record-keeping and the principles of accounting. We help your business grow by automating accounting processes and streamlining your daily bookkeeping. We understand the bookkeeping challenges and know that keeping accurate records is vital to your business success. By improving the overall accounting efficiency of a business, we help companies save money and time, allowing them to focus on growing their business.

We offer monthly, quarterly, and/or annual bookkeeping services, depending on the size of your business, and tailored to your business needs. Our Bookkeeping & Accounting Services include:
 

• Account Receivable - create invoices, receive payments, and enter sales receipts.
• Account Payable - enter bills and pay bills.
• Record, track fixed assets, and calculate accumulated depreciation.
• Bank account and credit card reconciliations.
• General Journal Entries.
• Customized expense report preparation.

• Balance Sheet, Profit & Loss, Cash Flow Statement*.

Why Choose Hakobyan Accounting & Consulting Services for SMBs?

• Expertise and Experience: Our team has extensive experience working with SMBs across various industries. We understand the challenges and opportunities unique to small and medium-sized businesses, providing tailored solutions that meet your specific needs.
• Personalized Service: We take a hands-on approach to understand your business goals and challenges. Our personalized service ensures that we deliver customized solutions and proactive advice to support your financial objectives.
• Cost-Effective Solutions: We offer scalable services that grow with your business, providing cost-effective solutions that fit your budget without compromising quality or accuracy.
• Technology Integration: We leverage advanced accounting software and cloud-based solutions to streamline processes, enhance efficiency, and improve collaboration. Access your financial data securely anytime, anywhere.
• Client-Centric Approach: We prioritize client satisfaction and aim to build long-term relationships based on trust, transparency, and exceptional service. Your success is our top priority.

Partner with Hakobyan Accounting & Consulting for reliable, efficient, and strategic bookkeeping and accounting services tailored to the needs of small and medium-sized businesses. Contact us today to learn more about how we can support your business’s financial health and growth.

* While we can assist in the preparation of your financial statements in accordance with professional standards, we express no opinion or any other form of assurance on the underlying information/data included in the statements. The financial statements are powerful tools for management to make financial decisions.

We implement modern systems and easy-to-use tools to give you instant visibility into your daily balances, management reports, transactions, and financials. We use tools like QuickBooks Online and others to enable you manage your business in most efficient manner, and provide financial insights to help you make informed business decisions.

Our services include: 

• Choosing the right version of QuickBooks tailored to your business needs.
• On-boarding your company into QuickBooks. 
• On-site training.
• Ongoing support services.

Key Features of Our Cloud-Based Accounting Services:

• Real-Time Financial Reporting: Access up-to-date financial reports and dashboards instantly from any device with internet access. Monitor key performance indicators (KPIs), track expenses, and analyze revenue trends in real-time for better financial insights.
• Automated Bookkeeping and Transactions: Simplify bookkeeping tasks with automated data entry and transaction reconciliation. Integration with bank feeds and third-party applications automates the recording of transactions, minimizing errors and improving accuracy.
• Collaborative Tools and Remote Access: Collaborate seamlessly with your accounting team and advisors in real-time. Share documents, collaborate on projects, and communicate securely through the cloud platform, regardless of location or time zone.
• Scalability and Flexibility: Scale your accounting operations effortlessly as your business grows. Cloud-based solutions accommodate changing needs and fluctuating transaction volumes, providing flexibility to adapt to market demands and business expansion.
• Cost Efficiency: Reduce IT infrastructure costs associated with traditional accounting systems. Cloud-based accounting eliminates the need for on-site servers and software maintenance, offering a cost-effective solution for businesses of all sizes.

Why Choose Hakobyan Accounting & Consulting Services for Cloud-Based Accounting?

• Expertise and Innovation: We stay ahead of industry trends to provide innovative solutions that drive efficiency and growth.
• Customized Implementation: We tailor our cloud accounting services to fit your business requirements and goals. Whether you need assistance with migration, software setup, or ongoing support, our personalized approach ensures a seamless transition and optimal performance.
• Client Support and Training: We are committed to your success. Our dedicated support team offers ongoing training, troubleshooting assistance, and proactive guidance to maximize your use of cloud-based accounting tools.
• Strategic Partnership: Beyond accounting, we strive to be your trusted advisor. We provide strategic insights and actionable recommendations based on real-time financial data, empowering you to make informed decisions that drive business growth.

Transform your accounting operations with secure, flexible, and efficient cloud-based solutions from Hakobyan Accounting & Consulating. Contact us today to schedule a consultation and discover how cloud accounting can streamline your financial management processes and accelerate your business success.

On average, small business owners spend 5-6 hours per month on payroll-related tasks. While it may not seem like a considerable amount of time, it takes valuable time away from running your business. We can take complex payroll tasks off your to-do list and ensure that your employees are paid on time, and payroll reports are completed accurately, and filed with CRA in a timely manner.

Our payroll services include:

• Calculate payroll deductions and contributions
• Pay & deduction tracking
• Payroll reports
• Prepare and file payroll information returns (T4s and T4 Summaries)
• Prepare Record of Employment
• Assist in setting up automatic monthly/quarterly payroll source deduction remittance

Why Choose Hakobyan Accounting & Consulting Services for Payroll Services?

• Expertise and Accuracy: Our payroll specialists are highly trained and experienced in handling payroll complexities. We ensure accurate calculations and timely processing to avoid payroll discrepancies and maintain employee satisfaction.
• Compliance and Peace of Mind: We stay current with payroll tax laws and regulations, relieving you of the burden of compliance. Our thorough approach minimizes the risk of costly penalties and audits.
• Efficiency and Confidentiality: We prioritize efficiency in payroll processing while maintaining strict confidentiality of employee payroll information. Your sensitive data is protected with robust security measures.
• Personalized Service: We understand that every business has unique payroll needs. Our personalized service approach ensures that we tailor our services to fit your specific requirements, whether you are a small business or a large corporation.
• Client-Centered Support: We are committed to providing exceptional client service and building long-term relationships based on trust and reliability. Our responsive team is always available to address your payroll inquiries and concerns promptly.

Experience the benefits of reliable payroll services with Hakobyan Accounting & Consulting. Contact us today to schedule a consultation and learn how we can streamline your payroll operations, enhance compliance, and support your business growth.

At Hakobyan Accounting & Consulting Services, we specialize in a comprehensive array of tax services tailored to meet the needs of individuals, businesses, and organizations. With a commitment to excellence and a deep understanding of tax regulations, our team of dedicated professionals provides strategic guidance and meticulous attention to detail in every aspect of tax planning, preparation, and compliance.

Our Tax Services Include:

•  Personal Tax Returns: We assist individuals in preparing and filing their T1 personal tax returns, ensuring all income, deductions, and credits are accurately reported to maximize tax refunds or minimize tax liabilities.
•  Corporate Tax Returns: For businesses of all sizes, we handle T2 corporate tax returns, navigating complex corporate tax laws and regulations to optimize tax strategies and compliance.
•  Goods and Services Tax (GST/HST) Filing: We assist businesses with GST/HST registration, filing, and compliance, ensuring adherence to GST/HST regulations and maximizing input tax credits.
•  Tax Planning and Strategy: We proactively analyze your financial situation to develop personalized tax strategies aimed at minimizing tax liabilities and optimizing financial outcomes. Whether you're planning for retirement, business expansion, or major life events, we provide strategic insights to help you achieve your goals.
•  Tax Preparation: Our CPAs and tax experts ensure accurate and timely preparation of federal and provincial tax returns for individuals and businesses. We stay up-to-date with the latest tax laws and regulations to maximize deductions and credits while ensuring compliance with all filing requirements.
•  CRA Tax Issue Resolution: We offer expert representation and advocacy during CRA audits, inquiries, and disputes. Our team navigates complex tax issues on your behalf, striving to achieve favorable resolutions and minimize potential penalties or liabilities.

Why Choose Hakobyan Accounting & Consulting Services for Your Tax Needs?

• Expertise and Experience: Our team includes CPAs and tax specialists with deep knowledge and experience in tax law and regulations.
• Client-Centric Approach: We prioritize understanding your unique tax situation and objectives, providing personalized solutions and proactive advice that align with your financial goals.
• Commitment to Compliance: We uphold the highest ethical standards and maintain strict adherence to tax regulations, ensuring accuracy, reliability, and peace of mind for our clients.
• Long-Term Partnership: Beyond tax season, we strive to build lasting relationships based on trust, transparency, and exceptional client service. We are committed to being your trusted advisor and partner in achieving financial success.

Whether you're seeking individual tax advice, business tax planning, or specialized international tax services, Hakobyan Accounting & Consulting is dedicated to delivering superior tax solutions that empower you to navigate the complexities of taxation with confidence.

Contact us today to schedule a consultation and discover how we can help you optimize your tax outcomes and achieve your financial goals effectively.

At Hakobyan Accounting & Consulting Services, we offer specialized CFO services designed to provide strategic financial leadership and guidance to businesses of all sizes. Our Chief Financial Officer (CFO) services are tailored to meet the unique needs of your organization, delivering actionable insights and solutions to drive growth and profitability.

Our CFO Services Include:

• Financial Strategy Development: We work closely with business owners and executives to develop comprehensive financial strategies aligned with your long-term goals and objectives. From financial forecasting to budgeting and cash flow management, we help you make informed decisions that enhance financial performance.
• Risk Management and Compliance: We ensure your business complies with regulatory requirements and industry standards. Our proactive approach to risk management helps mitigate financial risks and safeguard your company’s assets, enhancing stability and resilience in a dynamic business environment.
• Strategic Financial Planning: Through strategic financial planning, we assist in capital structure optimization, mergers and acquisitions (M&A) evaluation, and investment analysis. Our objective is to maximize shareholder value and support sustainable growth initiatives.
• Financial Reporting and Analysis: We deliver accurate and insightful financial reporting, providing you with a clear understanding of your company’s performance metrics and financial health. Our advanced analytics capabilities enable us to identify trends, opportunities, and potential risks, empowering proactive decision-making.
• Cash Flow Management: Effective cash flow management is crucial for business sustainability. Our CFOs implement robust cash flow forecasting and management strategies to optimize liquidity, manage working capital efficiently, and navigate seasonal fluctuations.
• Business Performance Improvement: We conduct in-depth business analysis to identify opportunities for efficiency improvements and cost savings. Our recommendations are aimed at optimizing processes and enhancing profitability, empowering your organization to achieve operational excellence.

Why Choose Hakobyan Accounting & Consulting Services for CFO Services?

• Expertise and Experience: Our CFOs bring extensive experience across various industries, providing valuable insights and strategic advice tailored to your specific business needs.
• Customized Solutions: We understand that every business is unique. Our CFO services are customized to address your challenges and capitalize on opportunities, ensuring solutions that deliver measurable results.
• Focus on Growth: We are committed to driving your business forward. Whether you are scaling your operations, exploring new markets, or navigating economic uncertainties, we provide the guidance and support you need to achieve sustainable growth.
• Collaborative Partnership: We view ourselves as an extension of your management team. Our collaborative approach fosters open communication and transparency, building a strong partnership based on trust and shared success.
• Value and ROI: Investing in our CFO services yields a significant return on investment (ROI). By leveraging our expertise and strategic insights, you can make informed decisions that positively impact your bottom line and long-term financial success.

Transform your financial strategy with expert CFO services from Hakobyan Accounting & Consulting. Contact us today to learn more about how we can help your business thrive in a competitive marketplace.