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Canadian Global Enterprises and Management Inc.

Accounting Services

     Corporate Accounting

Financial Services

     Corporate Finance

Software Solutions

    Business Softwares

Business accounting consulting services include traditional accounting engagements, like maintaining weekly, monthly and yearly financial records, a general ledger, accounts payable and accounts receivable, business taxes, bank reconciliation, consulting etc.

We provide a broad range of services to help clients secure a sound financial future. In addition to the core services listed below, we provide customized services to address our clients in the manufacturing, service and not-for-profit industries.

Our services are very comprehensive. Call for a free evaluation of your tax, accounting and general business needs. Compare the difference between what you're presently doing and what we can do for you. These are some of the standard services we provide.

 

Small Business Accounting Services
We offer the full range of other accounting services to help keep your business running smoothly. Our bookkeeping services include Monthly Operating Statements, Bank Reconciliations, Payroll, Audit Trails, Balance Sheet, Financial Graphs and Budgets. We realize that most small businesses can not afford a full-time accountant but still need the expertise at times. We are there when you need us! 

Monthly Operating Statements
These give you a monthly look at where you stand so you can act on a problem or seize an opportunity before it's too late. Every month we look at your financial picture so we can alert you to those areas that need your attention. Watching your bottom line can often help improve it.

Bank Reconciliations

We prove out your bank balance every month and advise you of any bank charges, bank errors or arithmetic mistakes on your part so you know exactly how much cash is available for spending. 

Payroll Registers
These records on each and every employee are required by law and help us to prepare your payroll tax returns.

Audit Trail
A record of transactions is printed out for you in case of an audit. The format is arranged so you can use it to understand in more detail how the dollars come together on your operating statement.

Balance Sheet
Shows cash balances, accounts receivable, taxes owed, etc. This is particularly useful to your banker when he is trying to make a decision about a loan. 

Financial Graphs
They help you understand, at a glance, financial data such as monthly sales trends, expenses, profits, etc.

Budgets
We can help you draw up a plan of action for the year. Throughout the year we can track the progress you're making toward your goals.

Proactive Tax Planning
The best time to save money on your taxes is four to sixteen months before they are due, and this requires expert planning. We provide one-on-one pro-active tax counsel to meet your unique personal and business needs. The typical client benefits the most from expert tax advice in: Year-end strategic planning to help minimize your tax liability; Effective and timely structuring of your personal and business transactions; Executive compensation planning; Money-saving self-employment and payroll strategies; Successful retirement and estate planning. 

Tax Return Preparation
We provide accurate on-time year-end tax returns utilizing pro-active tax strategies described above.

Business Formation
Including start-up, expansion and sale of a business. Many important decisions and financial commitments are involved in starting a new business or selling an old one. The tax effects can be dramatic without careful consideration and thoughtful planning.

Personal Financial Planning
We work with our clients in the areas of investment strategies, tax planning, risk management and asset preservation to maximize growth but limit tax consequences. We ask the question "Where do you want to be financially"? And then review their retirement, business, education and other needs to be certain their goals are attainable.

Financial Planning For Business Owners
As personal financial planning advisors, we help business owners make the right financial planning decisions by analyzing their overall financial and tax situations, helping them devise estate plans and plans for retirement, and assisting them in risk management, insurance planning, and developing investment philosophy, among other things. 

Not-For-Profit Organizations
The firm has extensive experience in the area of Not-For-Profit organizations including filing for exempt status, meeting Federal reporting guidelines, developing and implementing fund accounting systems and creation and use of budgets. 

Business Planning
Establishing short-term and long-term goals and effective methods of achieving them is essential to successful business management. Our Firm can assist you in developing a comprehensive business plan that will help you identify and achieve your goals. 

Consulting Services
Our most important goal is to assist you and your company in increasing after-tax profitability. The close working relationship we share with our clients gives us a better understanding of their overall financial goals. We offer a broad array of valuable consulting services including: cash management, risk management (insurance), financing, business valuation, compensation and benefit plans, computer-based accounting systems, succession planning for family-owned businesses, mergers and acquisitions, health care, compliance with government regulations, software evaluation and setups.

Internal Control Review
Our Firm will help you protect your assets by analyzing and improving your existing internal control systems. We are available to identify areas of vulnerability and recommend long-term solutions. 

Organizational Consulting
Our Firm can provide expert advisory services to assist you with such issues as organizational structure, job descriptions, performance appraisal, teambuilding, communications, and other human resource concerns. 

Diagnostic Review
Interested in achieving more efficient and profitable operations? Have our team perform a diagnostic review of your business operations to pinpoint those areas where efficiency and profitability can be enhanced. 

Banking Relationships
Our Firm can provide valuable assistance in establishing, maintaining or expanding current banking relationships. We assist you to professionally organize and prepare your all-important banking proposal.

Reviewed or Audited Financial Statements
We can provide in depth financial statements when they are required for grants or large loans. 

Business Valuations
When your company is involved in a merger, business start-up, acquisition or liquidation, it is important that your accounting firm provide expert advice in properly structuring the transition. We have extensive experience in handling business transactions that can affect your company's profitability. In addition, we act as independent consultants, offering you objective assistance to establish methods of business valuation and to perform due diligence. 

Information Technology Services
Our computer technology consulting services address the full spectrum of the computerized accounting packages, including application software selection and installation, operations reviews, staff training and evaluation of day-to-day operating practices.

Research Services
To meet the needs of clients and business associates for timely business information, we supply a variety of customized research services. Business analyses, industry forecasts, company profiles are examples of just some of the information resources available.

 

Incorporate Your Business

 

Why Incorporate?

 

 All legal and tax professionals agree, if your business is not incorporated you may be throwing away thousands of dollars in tax savings and deductions.

 

In addition, all of your personal assets such as your home, cars, boats, savings and investments are at risk and could be used to satisfy any law suits, debt or liability incurred by the business. Forming a Corporation can provide the protection and tax savings needed to give you peace of mind and make your business even more successful and profitable.

 

 Some Benefits Include:

 

Liability Protection: Properly forming and maintaining a corporation will provide personal liability protection to the owners or shareholders of the corporation for any debt or liability incurred by the business. Personal liability of the shareholders is normally limited to the amount of money invested in the corporation.

 

Tax Advantages: Another important benefit is that a corporation can be structured many ways to provide substantial tax savings. You can minimize self-employment taxes and increase the number of allowable deductions lowering the taxes you pay on the income of the business. Many corporations structure retirement and tax deferred savings plans for their owners and employees which can provide even greater tax savings.

 

Raising Capital: Sale of stock for the purposes of raising capital is often more attractive to investors than other forms of equity sales. A corporation can also issue Corporate Bonds to raise capital for expenditures without compromising the ownership of the business.