Prime Minister Mark Carney announces support for Canada’s lumber industry citing heavy reliance on US exports and vulnerability to trade policies.
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Financial reporting and accounting advisory services
You trust your external auditor to deliver not only a high-quality, independent audit of your financial statements but to provide a range of support, including assessing material risks, evaluating internal controls and raising awareness around new and amended accounting standards.
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Accounting Standards for Private Enterprises
Get the clear financial picture you need with the accounting standards team at Doane Grant Thornton LLP. Our experts have extensive experience with private enterprises of all sizes in all industries, an in-depth knowledge of today’s accounting standards, and are directly involved in the standard-setting process.
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International Financial Reporting Standards
Whether you are already using IFRS or considering a transition to this global framework, Doane Grant Thornton LLP’s accounting standards team is here to help.
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Accounting Standards for Not-for-Profit Organizations
From small, community organizations to large, national charities, you can count on Doane Grant Thornton LLP’s accounting standards team for in-depth knowledge and trusted advice.
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Public Sector Accounting Standards
Working for a public-sector organization comes with a unique set of requirements for accounting and financial reporting. Doane Grant Thornton LLP’s accounting standards team has the practical, public-sector experience and in-depth knowledge you need.
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Tax planning and compliance
Whether you are a private or public organization, your goal is to manage the critical aspects of tax compliance, and achieve the most effective results. At Doane Grant Thornton, we focus on delivering relevant advice, and providing an integrated planning approach to help you fulfill compliance obligations.
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Research and development and government incentives
Are you developing innovative processes or products, undertaking experimentation or solving technological problems? If so, you may qualify to claim SR&ED tax credits. This Canadian federal government initiative is designed to encourage and support innovation in Canada. Our R&D professionals are a highly-trained, diverse team of practitioners that are engineers, scientists and specialized accountants.
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Indirect tax
Keeping track of changes and developments in GST/HST, Quebec sales tax and other provincial sales taxes across Canada, can be a full-time job. The consequences for failing to adequately manage your organization’s sales tax obligations can be significant - from assessments, to forgone recoveries and cash flow implications, to customer or reputational risk.
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US corporate tax
The United States has a very complex and regulated tax environment, that may undergo significant changes. Cross-border tax issues could become even more challenging for Canadian businesses looking for growth and prosperity in the biggest economy in the world.
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Cross-border personal tax
In an increasingly flexible world, moving across the border may be more viable for Canadians and Americans; however, relocating may also have complex tax implications.
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International tax
While there is great opportunity for businesses looking to expand globally, organizations are under increasing tax scrutiny. Regardless of your company’s size and level of international involvement—whether you’re working abroad, investing, buying and selling, borrowing or manufacturing—doing business beyond Canada’s borders comes with its fair share of tax risks.
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Succession & estate planning
Like many private business owners today, you’ve spent your career building and running your business successfully. Now you’re faced with deciding on a successor—a successor who may or may not want your direct involvement and share your vision.
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Tax Reporting & Advisory
The financial and tax reporting obligations of public markets and global tax authorities take significant resources and investment to manage. This requires calculating global tax provision estimates under US GAAP, IFRS, and other frameworks, and reconciling this reporting with tax compliance obligations.
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Transfer pricing
Recognized as a leader in the transfer pricing community, our award-winning team can help you expand your business beyond borders with confidence.
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Transactions
Our transactions group takes a client-centric, integrated approach, focused on helping you make and implement the best financial strategies. We offer meaningful, actionable and holistic advice to allow you to create value, manage risks and seize opportunities. It’s what we do best: help great organizations like yours grow and thrive.
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Restructuring
We bring a wide range of services to both individuals and businesses – including shareholders, executives, directors, lenders, creditors and other advisors who are dealing with a corporation experiencing financial challenges.
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Forensics
Market-driven expertise in investigation, dispute resolution and digital forensics
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Cybersecurity
Viruses. Phishing. Malware infections. Malpractice by employees. Espionage. Data ransom and theft. Fraud. Cybercrime is now a leading risk to all businesses.
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Consulting
Running a business is challenging and you need advice you can rely on at anytime you need it. Our team dives deep into your issues, looking holistically at your organization to understand your people, processes, and systems needs at the root of your pain points. The intersection of these three things is critical to develop the solutions you need today.
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Creditor updates
Updates for creditors, limited partners, investors and shareholders.
With Canada facing record levels of illicit funds, business leaders should prudently decline to provide services when a client can't credibly explain source of funds, strengthening AML efforts.
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Governance, risk and compliance
Effective, risk management—including governance and regulatory compliance—can lead to tangible, long-term business improvements. And be a source of significant competitive advantage.
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Internal audit
Organizations thrive when they are constantly innovating, improving or creating new services and products and envisioning new markets and growth opportunities.
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Certification – SOX
The corporate governance landscape is challenging at the best of times for public companies and their subsidiaries in Canada, the United States and around the world.
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Third party assurance
Naturally, clients and stakeholders want reassurance that there are appropriate controls and safeguards over the data and processes being used to service their business. It’s critical.
Clarifying tax compliance for health care professionals and practices
TaxHelping midwives and midwifery practices with the nuances of running their own business
Combating inflation to remain strong and stable
AdvisoryWhile businesses should be able to manage and navigate fluctuations in sales and profitability, sometimes they’re faced with a much larger challenge than a temporary down period, like the suffocating grip of inflation.
Finding a tax-efficient solution with a rigorous approach
Cross-border taxNavigating complex cross-border tax rules between two countries.
Supporting tremendous growth during a talent shortage
Cloud accountingOur client—an energy company based in Nova Scotia—was experiencing immense growth but didn’t have enough people on their team to sustain it. With unemployment levels at record lows, they were having difficulties finding the talent they urgently needed.
Protecting a family’s legacy through Bill C-208
Family BusinessOur client—married owners of an established home improvement retailer—wanted to hand off their business to their two children after the pandemic made them realize the importance of putting a future plan in place.
Supporting an iconic Canadian attraction through a crisis
Family BusinessOur client—a family hospitality business with multiple entities—was faced with trying to keep their doors open during widespread lockdowns, travel restrictions, and decreased demand. In addition to cashflow issues, they were overwhelmed and lacked the internal resources to apply for funding that could help ease their burden
Clearing a path for Itzova Ltd.’s growth by offering a one-stop shop
TaxSelling online across borders can be challenging—but including multiple lines of business poses an even bigger challenge.
Acting as a bridge between family business and transactions
Family businessOur client—a Canadian family of four siblings with a family trust—was looking to purchase a new business with funds they had recently inherited to continue growing their investments. While the whole family was on board with the decision to buy, they didn’t know where to start and needed strategic advice and support through the purchasing process.
Bringing the future into perspective
AdvisoryOur client—an award-winning premium entertainment facilitation company based out of Southern Ontario—consistently reviewed what had happened each year but didn’t have the capability to understand what could happen.
Adapting to changing customer demands
AdvisoryOur client—an Ontario-based shoe retailer—had ambitious growth plans but needed to adapt to changing customer demands in order to kickstart their stalled revenue.
East Coast Lifestyle grows through the cloud
Cloud AccountingBefore skyrocketing levels of growth and fame, the company was faced with disjointed bookkeeping systems and practices that were costing them valuable time and money.
Closing the gap between people and new technology
AdvisoryOur client—an established civil engineering firm—needed comprehensive and sustained change management leadership to untangle a range of systemic issues that came to the surface after the implementation of a new enterprise resource planning (ERP) system
Supporting a client through a crisis
RestructuringOur client—a growing Canadian telecommunications business that builds and maintains fibre optic networks—underwent structural and operational changes that resulted in crushing liquidity challenges.
Empowering expansion through digital transformation
AdvisoryOur client—a purpose-driven sleep solutions business that began their operations out of a converted garage—saw their already significant growth accelerate through the pandemic.
Offering a holistic view of estate and succession planning
Family businessOur client—an established construction business with diversified operations in western and northern Canada—had come to a critical inflection point.
