Professionals
PATS also provides advice to a wide range of professionals including doctors, lawyers, engineers, dentists, veterinarians, clinics, laboratories, and others. Regardless of the type of professional advice you provide, you want your business to be run based on sound policies and controls and visionary management. PATS applies its experience and expertise to help owners, partners and managers with their businesses so they can spend more of their time running the business.
- Accounting/Financial Reporting
- Bookkeeping services
- Business counseling Services
- Business Assessment
- Doing Business in Canada
- Tax Services
- Fundamental Accounting Office
- Assets Management
- Mortgage Services
- Insurance
Accounting/Financial Reporting
Public Accounting & Tax Services provides assistance with accounting, bookkeeping, financial statement preparation and accounting systems support for small to medium sized businesses, professionals, independent consultants and businesses non-resident to Canada.
These services provide tremendous value to our clients by increasing their knowledge and understanding of their financial status and positions as well as enabling them to better manage their resources so they can focus their energy future opportunities.
Bookkeeping Services
- Payroll
- Monthly Financial Statements
We design & implement accounting and bookkeeping systems. These systems are "custom-tailored" to the individual client. Additionally, we prepare financial statements
Business Advisory Services
PATS has strong experience helping clients run their businesses. Our services extend beyond looking at the balance sheet and income statement. We are able to help you develop your business to where you want it to by assisting with:
- Design and implementation of accounting systems
- Development and/or refinement of business plans
- Budgeting
- Financial projections
- Electronic data processing
- Acquisitions and sales of businesses
- Business valuations
- Business reorganizations
- Development of loan arrangements
- Set-up and administration of pension and profit-sharing programs
Business Valuation
How much is your business worth? As a business owner, if you are considering the purchase or sale of a business, undertaking business reorganization for tax purposes, the entry or exit of a shareholder or partner, or you are involved in a shareholders' dispute or matrimonial dispute, you should be utilizing the expertise of PATS business valuation services.
Our process ensures you have a well-documented and defendable position on the value of the business under consideration.
Doing Business in Canada
For a non-resident business or professional looking at doing business in Canada, a decisive first step is to speak with the professionals at PATS. Our experience helping business enterprises that are not resident in Canada included the following:
- Assisting with GST reporting
- Establishing business operations in Canada
- Assistance with Canadian operations
- Payroll administration
- Expertise in dealing with the Canadian tax system
- Acting as representative to tax authorities
Tax Services
The PATS tax section has a strong skill in tactical tax planning for corporate and individual clients. We also have expertise in Canadian tax legislation for businesses and business persons as well as for those looking at Canada as a destination for their goods and services.
Corporate Tax Services
- Strategic tax planning
- Corporate tax return preparation
- Capital/payroll/commodity tax compliance - GST/PST
- R&D tax credit assistance
- Representation to tax authorities
Fundamental Accounting Office
PATS can provide your small business or not-for-profit organization with the benefits and advantages of an internal accounting office without the overhead. Our fundamental Accounting Office service is designed to allow you to focus on your operational goals without having to worry about floor space, training or turnover.
SERVICES PROVIDED ON-SITE IN THE EDMONTON AREA,
OR REMOTELY FROM OUR OFFICES
- Payroll administration
- Manage accounting system
- Regular financial reporting
- Staff coverage during leave or turnover periods
- Provide senior management level controllership function
- Accounts Payable,
- TAccounts Receivable Processing
- Bank Account Reconciliation
- Payroll Processing with Direct Deposit Capability
- Complete Payroll Tax Processing
- All Federal and Provincial Taxes
Wealth Management
PATS has been working on wealth management strategies for owner-managed and closely held businesses and their principals. We have considerable expertise in tax, succession planning, retirement compensation planning, estate planning and corporate ownership strategies.
We are able to assist successful entrepreneurs and individuals in establishing well-defined long-term plans designed with the individual's business, family and personal goals taken into consideration.
INDUSTRIES
Independent Contractors
Independent does not mean alone.
PATS has established an experienced team using specialized procedures for the accounting and tax needs of the independent contractor. Using proven strategies we strive to legally minimize the independent contractor's income taxes and commodity taxes.
In addition to the full spectrum of services available, we can provide assistance with activities directly related to managing yourself as an independent contractor, including:
- Minimize Income Tax
- Incorporation
- Income Splitting
- Quick Method for GST purposes
- Financial Computer Systems
- GST & Alberta Sales Tax
- Tax Planning and Reviews
- Business Outsourcing
- Operational Reviews
- Cash Controls
- Management Consulting
- Net worth Statement
Doing Business In Canada
For a non-resident business or professional looking at doing business in Canada, a decisive first step is to speak with the professionals at PATS. Our experience helping business enterprises that are not resident in Canada includes the following:
- Assisting with GST reporting
- Establishing business operations in Canada
- Assistance with Canadian operations
- Payroll administration
- Expertise in dealing with the Canadian tax system
- Acting as representative to tax authorities
Mortgages Services & Insurance
We are also helping our clients for choosing in best commercial and residential mortgages. Our expertise are specialized in the field of financial investments and mortgages.
