We Save Our Client’s Time, Money and Help Reduce Their Administrative Burdens

 

Today’s competitive market place demands that companies be transparent and trustworthy. The first step in meeting this demand is to have a strong accounting reporting department that produces accurate and timely financial data.  By outsourcing some or all of the accounting functions to professionals such as us, companies can reap benefits from experience and knowledge and focus on building their business.

LEE CPA can help individuals and businesses comply with the Income Tax Act.  In light of our professional experience and expertise, we can better deal with the various tax assignments you have.  Retaining our professional services will relieve you from the frustration of dealing with the government and appealing decisions made by the CRA. Reduce your tax liability now.

We provide outsourced accounting services including:

  • Internal Audit
  • Due Diligence Report
  • Bookkeeping and Data Entry
  • Interim and Annual Financial Statements Preparation
  • Government Reporting and Compliance
  • Preparation of the Projected Financial Statement
  • Cash Flow Analysis
  • Accounting System Transition and Integration
  • Business Record Storage
  • Management Reports

 

Benefits of Outsourcing

Productivity and Efficiency

A small to medium-sized business can operate with less number of employees. Outsourcing eliminates the need find and hire several expensive experienced and qualified full-time in-house accounting professionals for day-to-day bookkeeping, accounts receivable, payroll, and accounts payable management.  Large corporations may be able to afford and maintain giant accounting departments.  Having an internal audit department benefits small to medium businesses, but maintaining a full-time internal audit team is a money burner.  With the outsourced internal audit department from LEE CA, your business can save money and time.

Also, a business with less than 20 staff should outsource payroll operations to reduce expense and increase profit.  Outsourcing accounting task such as data entry is much cheaper than hiring an in-house professional data entry operator.  By outsourcing, you can avoid expenses buying and updating accounting software and keeping your tax tables current.

 

Accuracy and Reliability

Outsourced accounting assures accurate and timely filing with the CRA. You can avoid making a mistake, and you can avoid being stuck with that mistake. When your bookkeeper or controller leaves, their knowledge of the payroll process and how your business does it is out the door as well. You also have to waste resources to hire and train a new staff to understand your system. With outsourcing you eliminate the risk of losing your employee as well as the need to hire a substitute.

 

Convenience

Outsourcing only the areas that are most beneficial to you is possible. You don’t have to outsource everything. Do your own calculation. How much money do you and how much time do your employees spend on accounting that does not directly increase your profit? Periodic outsourcing is possible, too. If your business makes a huge sale during Winter holidays or summer vacation, you don’t need to hire and train a staff for the whole year.