Accounting
Accounting Services in Toronto
✓ Does your current bookkeeper/accountant provide you with accurate Financial Statements?
✓ Are you curious about understanding your Financial Statements, but your current accountant doesn’t have the time to explain them to you?
✓ Are you discouraged by the high prices many CPA firms charge for Accounting Services?
YOU, as a business owner, deserve to have up-to-date information on the financial health of your business. RGB Accounting will engage you in a partnership to keep you informed, relieve your financial stress and give you Peace-of-Mind – with our expertise in accounting services and financial statement preparation.
RGB Accounting makes it easier for small businesses and medium-sized organizations to understand exactly what the numbers really mean, according to the nature of their needs, and giving the know-how and confidence to make difficult strategies and tactical decisions. We are here to help you and your business to grow!
Our Accounting services include:
- Financial statements preparation for managers, owners, banks, or other users/interested parties.
- Financial statements analysis
- Projected financial statements
- Financial ratio analysis (liquidity, leverage, growth, margins, profitability, rates of return, valuation, and more)
- Compilation engagement/notice to reader
- Due diligence report
- Control and assurance reviews (audit support)
- Financial forecasts and budgets
- Period-end adjustments
- Accounts reconciliation
Our Accounting services can be part of a customized package that covers most of the needs at very affordable prices. Hence, our services are customized to provide the best value for money. Contact us for more information. We offer the following plans:
Our pre-set or customized packages are price competitive and deliver premium quality service. Fees depend upon the volume and transactions. A majority of our clients prefer to invest in pre-set packages, available for a fixed monthly price at a discounted price.
Advisory Services
Advisory Services in Toronto, Montreal, and major cities across Canada: Business, Tax & Financial Guidance.
Practical business and tax advisory—plus trusted partner support for financial and legal tax matters. Book an advisory call with RGB Accounting.
Pillars
Description
Description
Who it’s for
Who it’s for
Outcomes
Typical deliverables
Business Advisory
Improve Cash Flow, Visibility, and Decision-Making
Who is it for?
- Owners who want clear monthly reporting and fewer surprises
Businesses preparing for growth, hiring, or financing
Teams struggling with cash flow timing or limited visibility
Entrepreneurs who want a real plan, not generic tips
Outcome
Improved monthly visibility (revenue, margin, expenses, cash)
Enhanced forecasting and planning discipline
Decisions informed by KPI dashboards and targets
Improved financing readiness and documentation quality
Typical deliverables
Business Diagnostic & KPI Setup
Review financials and operations; define KPIs; outline a dashboard.Cash Flow Forecasting & Budgeting
13-week cash flow forecast (or monthly forecast), scenario planning, and budget.Profitability & Pricing Review
Margin analysis, product/service mix, and pricing levers.Financing Readiness Package
Lender-friendly reporting package, projections, and documentation checklist.Process & Controls Review
Month-end close workflow, approvals, expense controls, and reporting cadence.
Tax Advisory
Year-Round Planning, Not Last-Minute Filing
Who is it for?
Incorporated owners deciding between salary and dividends
Businesses experiencing rapid change (new markets, staff, pricing, expansion)
Owners who want predictable installments and fewer surprises
Clients facing CRA requests and seeking risk reduction and readiness
Outcome
Clear annual plan with calendar-based checkpoints
Improved documentation habits and audit readiness
Smarter timing decisions (income, expenses, and capital purchases)
Coordinated owner-manager planning (personal and corporate alignment)
Typical deliverables
Tax Planning Roadmap (Annual)
Planning checkpoints aligned with your reporting cycle.Owner-Manager Compensation Planning
Salary/dividend strategy framework; remittance/instalment planning.Corporate Structure Checkpoints
Clean alignment of bookkeeping, filings, and tax-sensitive decisions.CRA Readiness & Response Support (within scope)
Documentation checklists and response coordination (as appropriate).Cross-border / Specialized Matters (via trusted partners when required)
When you need specialized legal tax advisory, we coordinate introductions.
Financial Advisory
Coordinated Support Through Trusted Partners
Who is it for?
Individuals or business owners who need to transition into regulated financial planning (investments, insurance, mortgages) or specialized legal and tax advisory services.
RGB can connect you with trusted independent professionals through our Alliances Program—so you get the right expertise without sacrificing coordination.
What RGB does vs what partners do
RGB coordinates:
Your financial picture (reports, tax posture, cash flow realities)
The questions you should ask and the decisions to evaluate
Document readiness and planning timelines
Partners may provide (depending on their licensing/scope):
Retirement/wealth planning and investment guidance
Insurance review and risk planning
Mortgage planning and lending strategy
Specialized legal and tax advisory, where required
Typical deliverables
- Retirement scenarios based on your inputs (age, savings rate, lifestyle goals)
- A contribution strategy aligned with your situation (e.g., RRSP/TFSA planning)
- Account structure guidance aligned with your tax picture (registered vs non-registered)
- Coordination so financial decisions stay consistent with your tax and business strategy
- A coverage review that identifies gaps, overlaps, and unnecessary costs
- A protection plan aligned with family needs and income risk (where applicable)
- A structured debt strategy (paydown sequencing, refinancing considerations)
- A household cash-flow plan with practical guardrails and targets
- A mortgage/home-buying readiness plan (documentation + affordability framework)
- Scenario comparisons for major decisions (buy vs rent, timing, budgeting)
- A coordinated approach to personal planning that reflects your corporate cash flow
- A framework to support owner-manager decisions (integrated with your accounting/tax posture)
ALL OF OUR SERVICES ARE CUSTOMIZABLE TO MEET YOUR BUDGET!
Contact us @ (416) 932-1915 for an appointment or to discuss any Accounting-related questions!
Frequently Asked Questions
Why should I hire an accountant?
Processes like preparing financial statements and analyzing them become less daunting with an expert on your side.
How can I obtain meaningful insight into future cash flows?
You can obtain meaningful insights through projected financial statements. They allow seeing how variable assumptions in one period will affect future cash flows and making adjustments as necessary.
Why do shareholders need financial statements?
Financial statements provide a snapshot of a company’s financial health, giving insight into its performance, operations, and cash flow. Financial statements are essential since they show information on a company’s revenue, expenses, profitability, and debt.
Why is this needed when conducting a financial ratio analysis?
Ratio analysis is critical for helping you understand financial statements, identifying trends over time, and measuring your business’s overall financial state. Besides, lenders and potential investors often rely on ratio analysis when making lending and investing decisions.
What is a compilation engagement (notice to reader)?
Included with the financial statements prepared is a report called a notice to the reader stating that the financial statements are unaudited and that the CPA does not assure that the amounts are free from material misstatements.
When to write a due diligence report?
Typically, due diligence reports are necessary before enacting a business transaction. They are critical in business valuation, real estate development, or sales or acquisition. Due diligence is required when making capital expenditures or high-level investments.
What is an assurance review?
An assurance review is a specifically tailored report made to meet the needs and requirements of a company. This line of thought from an independent expert provides a strong signal that the company reports are trustworthy.
What is the difference between budgeting and financial forecasting?
Budgeting quantifies the expectation of revenues that a business wants to achieve for a future period. In contrast, financial forecasting estimates the amount of gain or income expected to accomplish in the coming period.
What is the end-of-period-adjustments in accounting?
End-of-period-adjustments are accounting journal entries made to the accounts of a business before preparing and distributing the financial statements for a given accounting period.
Why is reconciliation necessary in accounting?
Reconciliation is an accounting process that ensures that the actual amount of money spent matches the amount shown, leaving an account at the end of a fiscal period. Individuals and businesses perform reconciliation at regular intervals to check for errors or fraudulent activity.
Latest Accounting News
Financial Statements: The Horizontal Method
Analyzing Financial Statements: The Horizontal Method The second method to analyze financial statements is the horizontal method. The horizontal method is used to analyze financial information in two fiscal years. This method consists of comparing various financial...
Financial Statements: The Vertical Method
How to Analyze Financial Statements: Vertical Method As said in previous articles, we have two primary methods to analyze financial statements. Here you will learn how to use both steps by step. The first method, known as the vertical method, analyzes one fiscal...
Fundamentals of Financial Statements
Fundamentals of Financial Statements Analysis Financial Statement analysis is carried out through methods, often defined as techniques that allow knowing the entity's transactions on its financial situation and results. Based on the order to follow the analysis, these...
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From its office located in North York, RGB Accounting serves clients all over Toronto and the GTA.
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Call us now at 416.932.1915
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From bookkeeping and payroll to software installation and training.
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Contact Info
Roberto Belingueres - Principal Accountant
(647) 836-7474
Location
Office Hours
Main office hours: Book an appointment.
Virtual office: Open every day from 9:00 a.m. to 7:00 p.m.
About Us
RGB Accounting | Comptabilité RGB delivers comprehensive accounting, tax, and advisory services to small and medium-sized businesses across the GTA, Montreal, and major cities throughout Canada, with a strong focus on supporting multicultural and underserved communities through accessible, mobile, and bilingual solutions.
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Contact Us
150 Duncan Mill Road, Unit 2
North York, ON M3B 3M4 Canada
+1 416 932 1915 Toronto & GTA
+1 514 871 2330 Montreal (QC)
+1 778 381 1040 Vancouver (BC)
+1 587 487 7001 Calgary (AB)
+1 343 882 4900 Ottawa (ON)