Koroll & Company offers a wide range of professional tax & accounting services to our individual and business clients.

Our clients benefit from personalized, quality service that is beyond comparison.

Here's a list of services that we offer to our clients.

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Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping.

A Koroll & Company CFO to GO can provide your business with a part-time CFO giving your business the ability to interpret financial results and guide you safely through complicated business issues. 

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Audits, Reviews and Compilations

We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. We provide financial reporting on all three levels of assurance:
  1. Audit - an intensive examination with the highest level of assurance
  2. Review - some analytical procedures conducted with limited assurance
  3. Compilation - based upon client information provided and used primarily for internal use.
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Cash Flow & Budgeting Analysis

A business can be profitable and still run into trouble due to cash-flow issues. We can forecast and evaluate your company's financial condition, estimate financing requirements, and track cash-flow sources and uses.

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Financial Forecasts & Projections

Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals.

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Accounting Software Selection & Implementation

With the number of computerized accounting software packages available for small businesses and individuals growing every day, selecting one that is right for you has become increasingly difficult. As accounting professionals, we have knowledge of most programs, either through personal experience, or industry literature. Through our related company, Accounting By Computer Ltd., we can help you choose and implement a system that best fits your needs. Training is done offsite at your premises. We are Certified ProAdvisors for QuickBook desktop and Quickbooks Online.

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Business Succession Planning

Effective transition of your business to your successors is critical to its continued prosperity. With a solid background in tax, succession and estate planning, and other financial matters, we are fully qualified to address the complex issues of business continuation.

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Consulting Services

We gauge our worth by the personal and business successes of our clients. We can help your business identify areas negatively affecting profitability and growth and develop solutions that are practical and technically sound. In addition to acting as a sounding board for management, we provide comprehensive, flexible strategies that address the issues affecting your business. The following are just a few of the areas in which we provide consulting services:
  • Accounting software selection and implementation
  • Business valuations
  • Buying/selling a business
  • Business process improvement
  • Computer systems
  • Financial & retirement planning
  • Estate planning

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Estate Planning and Trust Tax Preparation

Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

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Purchase and Sale of a Business

Preparation and planning are key to the successful purchase or sale of a business. Our team can assist you with all aspects of your transaction, including valuation, cash-flow analysis, tax minimization and transition planning.

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Assistance with CRA Audits, Disputes, and Objections

All elements of the assessment process, including advice, compliance, interest waiver applications, negotiation at administrative levels and appeals to court, as well as assets protection and voluntary disclosures, unfiled tax returns, undeclared income, refused expenses, income tax questionnaires on assets are handled. We specialize primarily in solving client's tax problems on a broad range of tax matters from an assessment by tax authorities through litigation and settlement at Federal and Provincial levels.

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A Koroll & Company CFO to GO can provide your business with a part-time CFO giving your business the ability to interpret financial results and guide you safely through complicated business issues. Even the most qualified managers can benefit from competent, objective feedback. We can help your company's management team develop long-term objectives and specific strategies to facilitate your business' future growth and success.

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Mergers & Acquisitions

Finding the right business partner for your company can be a difficult task. We can assist you in the merger or acquisition process by assessing such critical elements as tax considerations; product/service compatibility; competitive tactics and position; financial impact; and cash flow considerations.

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Tax Planning & Preparation

Tax planning and preparation form a winning combination for our successful individual and business clients. Our experienced staff can develop tax-minimization strategies to optimize your after-tax position.

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We proudly provide services to the following communities and everywhere inbetween:

Aurora | Barrie | Bradford | Georgina | Innisfil | King City | Markham | Newmarket | Orangeville | Richmond Hill | Uxbridge | Vaughan | York Region