Trustworthy

Strategic

Precise

falconafinance.com

Our Approach to
Bookkeeping & Financial Reporting

At Falcona Finance, we prioritize precision and clarity in our bookkeeping and financial statement services. Our approach is designed to ensure that your business’s financial records are not only accurate but also insightful, enabling effective decision-making and compliance with regulatory standards. Whether it's managing day-to-day financial transactions or preparing detailed reports for tax filing, our team is equipped to handle every aspect of your financial needs with professionalism and attention to detail.

Full-Cycle Bookkeeping

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Our full-cycle bookkeeping services cover every aspect of your business's financial transactions. From managing accounts payable and receivable to maintaining your general ledger, we ensure that your financial records are accurate, complete, and up-to-date. This service includes tracking income, expenses, and liabilities, and offering insights into your company's financial health.

Preparation of Financial Statements

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We prepare detailed and accurate financial statements, including balance sheets, income statements, and cash flow reports. These documents give you a clear and concise view of your business’s financial position, helping you make informed decisions about operations, investments, and growth strategies.

Bank Reconciliation

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We ensure that your business’s bank accounts and financial records are reconciled accurately each month. This process involves matching your bank statements with your internal records, helping to identify discrepancies and ensuring that your financial data is precise and reliable.

Financial Reports for Tax Filing (T1, T2)

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Our team prepares detailed financial reports that are essential for tax filing, including T1 (personal tax) and T2 (corporate tax) forms. By ensuring that your financial data is properly organized, we help you avoid costly tax errors and ensure compliance with the Canada Revenue Agency (CRA).

CRA Compliance and Reporting

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We ensure your business complies with the Canada Revenue Agency’s (CRA) guidelines and reporting requirements. Our bookkeeping services cover all aspects of tax compliance, from accurate GST/HST filings to corporate income tax returns, ensuring that you meet all necessary deadlines and avoid penalties.

Looking to make your mark? We'll help you turn
your business into a success story.

Let’s make it happen together.
Ready when you are