Accounting and Assurance

If you own a private corporation, we provide a complete set of financials statements and all assurance reports required for financing, reporting and compliance purposes. If you need a review or audit engagement, we can help!

At KN Consulting Inc. Chartered Professional Accountant, your work will be taken care of by professionals. We provide assurance services including compilation, review, audit and other special engagements including:

  • Notice to Reader, Review or Audit Reports
  • Special purpose engagements
  • Full Cycle Bookkeeping using
  • Sage 50 and QuickBooks
  • Cloud Accounting using QuickBooks online or Xero
  • Accounts payable, Accounts receivable management
  • Payroll Management
  • Remittance, ROE, T4, and WCB
  • Notice to Reader Financial Statements
  • Review Engagements and Audits
  • Audit Engagement Report 
  • Trust Audits and special engagements
  • Cloud Accounting
  • Bookkeeping
  • Payroll Management and Sales Tax
  • Personal and Corporate Tax Services
Accounting Firm Surrey BC

Does your business need financial statements prepared to meet the requirements of external parties (i.e. shareholder(s), investors or bank etc.) Our professionals can help you determine what type of business financial statements best serve your needs. We guide you in preparing financial statements and help you understand them by providing clarity to the reader of the financial statements.

A Notice to Reader Financial Statements, also known as a compilation engagement, is prepared with the information provided by the client with no assurance. We do not perform an audit or a review engagement in respect of these financial statements and, accordingly, we express no assurance thereon. The purpose of providing the financial statements to small business so that they have the information they need to make key financial and business decisions.

Accounting Firm Surrey BC

Our professionals at the firm determine the client’s needs and identify the needs of other users regarding financial statements and prepare the financial statements accordingly.

In review engagement, we provide moderate levels of assurance that the financial statements conform to generally accepted accounting principals. Our professionals at the firm gather sufficient evidence and perform procedures upon which to form a negative form of communication regarding whether the information being assured is fairly presented.

Accounting Firm Surrey BC

The objective of an audit engagement is to enable the independent professional to issue an opinion on the fairness of the financial statements. An audit is meant to provide the highest level of assurance on financial statements of a business. Our professionals perform methodical review and objective examination of the business financial statements. The work that is required during an audit included reviewing internal controls, testing selected transactions and communicating with third parties. Based on findings, the chartered professional accountant issues a report on whether the business financial statements are fairly stated and free of material misstatements.

Accounting Firm Surrey BC

Professionals such as Lawyers and Real Estate Agents keep funds on behalf of their clients in their trust accounts. There are special kind of rules for these trust accounts and a Trust Audit is designed to ensure compliance with these rules. Our Professionals will prepare a Trust Report as per procedures provided by the relevant Professional Standards Regulation Board. Furthermore, Public Accountants are often asked to provide assurance on an entity’s compliance with statutes, regulations and agreements by producing special reports.

Accounting Firm Surrey BC

We use cloud accounting software. We are QuickBooks Pro Certified and use it for full-service engagements, but we will work with any other software.

Accounting Firm Surrey BC

We provide real time bookkeeping to ensure you get the right information when you need it. All bookkeeping is completed using a paperless and virtual approach.

Accounting Firm Surrey BC

We can file sales tax returns including GST, HST, PST and QST as required to ensure you are fulfilling your reporting requirements. For payroll, we will prepare your scheduled payroll, or we will discuss options using cloud payroll application. Payroll includes remittance filing, T4’s and direct deposit.

Accounting Firm Surrey BC

We provide tax preparation services for individuals, self-employed, rental businesses, private companies, trusts and estates. We recognize the importance of providing competent tax advice to our clients to achieve significant tax savings.

Maximize your net income by minimizing your tax burden Personal income tax rates are much higher than corporate income tax rates. We help you with your tax planning to ensure that all deductions and available credits are claimed. We offer a variety of accounting services for our clients, which range from personal tax planning to Trust and Estate planning. Our professionals will help you reduce your overall tax burden.

As your wealth grows, we ensure that your capital is preserved for you and for your heirs. We have knowledge and expertise to protect your wealth and help you built a retirement plan which suits you.

We provide advisory, research, compliance and support services in taxation including:

  • Personal and Corporate income tax returns
  • Non-Resident returns
  • GST and PST taxation
  • Payroll and benefits taxation
  • SR&ED claim application
  • CRA audits
  • Appeals and Litigation
  • Voluntary Disclosure Program
  • Taxpayers Relief Requests
  • Income tax returns

We provide Accounting services to clients across Surrey, White Rock, Delta, Vancouver, West Vancouver, North Vancouver, New Westminster, Coquitlam, Port Coquitlam, Burnaby, Langley, Chilliwack, Port Moody, Mission, Abbotsford, Lower Mainland, Pitt Meadows, Maple Ridge, Squamish, Whistler, Victoria, Nanaimo, Kelowna, Penticton, Kamloops and the surrounding areas.

Contact our Accounting Firm in Surrey, BC