Heywood Holmes & Partners LLP Chartered Accountants

The clientele of our firm ranges from public companies traded on the Toronto Stock Exchange with gross sales in excess of 233 million dollars to small proprietorships. In addition, we prepare in excess of 3,000 personal income tax returns each year.

Our basic approach to all services we provide is as follows:

Identify requirements.
Identify approach and fee budget.
Closely coordinate with client to attain desired results.

Owner-Managed Services
Our firm provides small to medium sized owner-operated businesses with professional expertise in finance, accounting, taxation, computer information systems, management information systems and general business matters.

These services include:

Assistance in starting a new business, purchasing or selling a business, expanding a business and reorganization.
Preparation of financial statements and related corporate or personal income tax returns.
Tax planning, including GST planning and assistance.
Computer selection and installations.
Computerized bookkeeping services with monthly or periodic financial statements.
Cash flow management and preparation of budgets, business plans and projections.
Study, redesign and improvement of existing accounting records and related systems and development of new business processes and control systems.
Assistance and advice on business decisions and management, licensing and financial analysis.
Business evaluations.
Retirement and estate planning.

Audit Services
Audit activity in retail, manufacturing, municipalities, hospitals, utilities and government agencies constitutes another primary professional service of our office. We provide audit opinions on financial statements and other financial information for the assurance of interested third parties. We conduct audits for a wide range of clients, from very small to large and complex engagements.

Our approach is constructive. Recommendations for improvements in accounting systems, controls and other operational activities are made when appropriate.
Our approach is flexible. We select that combination of audit procedures which best suits the individual client's circumstances to maximize audit efficiency and effectiveness.
Our approach is individualized. We utilize specially designed audit techniques adaptable to individual system requirements and specifications.

Corporate and Personal Tax Services
With the growing complexity of tax legislation, our research in the area of taxation is extensive and ongoing. Our tax expertise is directed at providing our clients with professional assistance on a timely basis.

We provide the following range of tax services:

Preparation of personal tax returns and related business and personal planning.
Preparation and review of corporate tax returns.
Estate planning assistance including preparation of estate returns.
Designing remuneration packages.
Tax aspects of corporate reorganization, purchase and sale of business or shares.
Goods and Services Tax.
Review of assessments.
Representations on behalf of our clients to taxation authorities.
Access to full-time tax specialists.

Computer Services

Our firm provides support assistance in the area of computerized accounting systems. Such services include:

Computer hardware selection and implementation.
Assistance in software selection.
Computer system integrity and security reviews.
Ongoing assistance in operation of systems and adaptations to meet individual client needs.

Farm Financial Services

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Successful farm operations require professional advice and assistance. Our firm can provide the following:

Accrual or cash basis financial statements.
Assistance in obtaining financing, including cash flow projections.
Advice on government grant eligibility and application assistance.
Guidance in the use of computer services for farm management.
Preparation of Canadian Agricultural Income Stabilization (CAIS) Program returns and supplementary information forms.
Succession planning for farm property.
Tax specialist services.

Consulting Services
The combined education and experience of our professional staff enables us to provide diverse consultation to individuals and to beginning or established businesses on any facet of organization, operations and management.

Management Assistance
We provide assistance to key business personnel in all areas of management, including business plans, funding, staffing and internal control.

Business Investigations
We conduct business investigations:

For the prospective purchase or sale of a business.
For the prospective lenders of funds.
With a view to reorganization of businesses.
Into suspected frauds or disappearance of assets.
Of unprofitable and/or insolvent businesses with a view to recommending improvements.

Sales, Acquisitions and Mergers
We advise clients on all aspects of buying, selling and merging businesses, including related financing arrangements. We offer current information on business opportunities and sources of financing.