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w a l i a t a x
Leading providers of financial
advisory solutions.

Accounting Services

Accounting Services

"Whether you manage a modest firm or a garage startup, your business will eventually expand. Then, handling money and other expenses can be challenging and difficult. At Walia Tax and Accounting, we provide comprehensive solutions to manage your financial needs."

For a new business owner, taxes, returns, and exemptions can be complicated, and mastering every part of them can take a lot of time. We at Walia Tax and Accounting can be of assistance here. We can help you save a lot of money because we are specialists and are familiar with the ins and outs of the BC tax system. Our expert bookkeeping team imports bank data, classifies transactions, and creates financial statements each month to keep your company running smoothly.

01

Bookkeeping Services

We handle day-to-day financial transactions, maintain accurate records, reconcile accounts, and prepare monthly financial statements to keep your business operations running smoothly.

02

Payroll
Services

Our team manages employee payments, tax withholdings, benefits administration, and government remittances, ensuring compliance with all employment regulations.

03

Financial Statements

We prepare comprehensive financial statements including balance sheets, income statements, and cash flow statements that provide clear insights into your business's financial health.

04

Business Consulting

Our accounting experts provide strategic financial advice to help your business grow, identify cost-cutting opportunities, and develop long-term financial objectives.

Professional Financial Advice

We can help your business expand since we understand how finances operate and what strategies to employ. By working with us, you can get the best financial guidance for your company's business plan.

Strategic Business Planning:

We provide you with advice on a variety of topics, including cost-cutting, rapid growth, and other long-term objectives to help your business thrive in today's competitive market.

Financial Analysis & Reporting:

Our team delivers clear, actionable financial insights that help you make informed business decisions and identify opportunities for improvement and growth.

Why Hire an External Accounting Firm?

Virtually all types of firms must abide by a plethora of regulatory compliance standards in today's financial industry. A company can maintain independence from its accounting by using an independent accountant.

Cost Effectiveness
Expertise & Knowledge
Regulatory Compliance

A full-time or even part-time accountant on staff would probably result in higher healthcare expenditures, payroll taxes, and other employee-related costs. However, employing a freelance accountant or accounting business can help to avoid these extra expenses, lowering the overall cost of accounting services while still receiving high-quality financial management.

Utilizing the professional advice our firm's accountants provide is one of the top reasons to use an independent accounting firm. Working with other accountants in the same field increases the likelihood that we will advance in our careers and stay up to date on legal requirements, bringing that expertise directly to your business operations.

If it is discovered that a corporation does not follow some mandatory regulations, our simplified setup might prove to be really helpful. Regulators are less likely to view the accounting firm's impartial stance with suspicion, providing your business with greater credibility and transparency in financial reporting and compliance matters.