Making sound business decisions means having a clear picture of your financial situation at all times. The daily demands of running a small business can overwhelm entrepreneurs, and seasoned business owners, As a result, financial record keeping and reporting often don't get the attention that they truly deserve.
At KNB Financial Inc. we are your accounting or bookkeeping partners (using QuickBooks Online) , helping you stay on top of your finances so that you can make better and more informed decisions. In addition to taking the paperwork of your plate, we can pinpoint the key numbers critical to the performance of your specific enterprise, and make sure you have them at hand whenever you need them.
Our Bookkeeping Solution is Simple!
At the end of the fiscal year you have clean organized records, should Revenue Canada or the banks need details.
A corporation is required to prepare financial statements at the end of each fiscal year to comply with the Canada Corporations Act. The financials statements must be prepared in accordance with the Canadian generally accepted accounting principles (GAAP).
We prepare and file "NOTICE TO READER" financials for your company.
These financial statements are a formal record of the financial activities of the business and are presented in a set, structured manner that is easy to understand. They will typically include four financial reports, accompanied by a management discussion and analysis and or notes.