Faced with an increasingly demanding economic environment, it’s vital for Canadian private enterprises to employ accounting standards that respond to their needs and the needs of those who use financial statements.
The success of private enterprises requires access to a reliable advisor who understands and values your business by respecting the personal stake you have in its success. “Accounting is a process of recording, summarizing, analyzing and recording of financial transactions of an enterprise.” Accounting is a key function of any business enterprise, it’s often referred to as the “Language of Business”. Business accounting not only helps in making short and long term business decisions, but also helps an enterprise grow and penetrate the market. Proper reporting and accounting practices help maintain the confidence of investors.
Faris CPA can help keep your accounting records stay clean and up to date, ensuring that the results of your operations and statement of financial position are properly reported. We can analyze your balance sheets and calculate profit and loss account ratios to assess the performance of your business. Through proper reporting and accounting practices, we help you make short term and long term business decisions to help your business grow, maintain investors’ confidence and stimulate economic growth.