Services

Advisory Services

Our Advisory Services, in some respects, may overlap with other services that we provide to our clients.   We pride ourselves on making sure that any plan we are involved in first takes care of the people it will affect.

Our philosophy when it comes to providing many of these services is:

  • Family or Employee Environment First (depending on the structure and nature of the business, i.e. closely held by family or assets managed on behalf of the public)
  • Business operations
  • Tax issues and planning to minimize any amounts that may be payable

Below is a list of advisory services that we can provide to you:

  • Consulting
  • Business Succession Planning
  • Purchase of a Business
  • Sale of a Business
  • Divisional Development, Segregation, and Disposition
  • * Retirement Planning
  • Policy Review and Development (customized to your business, not out of a “can”)
  • Estate Planning
  • Generational Transfer of Investments and Interests 

* If we cannot help you in this area, or any other for that matter, we have a large network of professionals in the community and we will act as the information gathering point and interpreter for you to ensure that you are getting the quality of service that you deserve.

Audit

At FBB we service a variety of industries that require audit services including Municipal Local Government, First Nation Local Government, Tribal Councils, Not for Profit, and Registered Charities.

Our audit services include

  • Financial statement audits
  • Compliance with agreement audit
  • Financial information audits

We really enjoy working with the clients we provide audit services to and are always looking to add to our great audit client base.

Assurance

Assurance services typically relate to a Review Engagement for financial statements. If you require something else such as a review engagement report for compliance with an agreement please gives us a call and we can discuss how we can help you.

Bookkeeping

Our bookkeeping service is what you need it to be. We recognize that each business is very different and so are their bookkeeping needs. Some businesses need very detailed monthly bookkeeping done, others like their bookkeeping done yearly in a summary form.  At FBB we do bookkeeping for businesses with clients needs in mind. Whether you are a small sole proprietor that needs their bookkeeping done once a year, a group of large corporations, or a local government we can help you with your bookkeeping and regulatory reporting needs.

As part of our bookkeeping service, we do offer monthly financial reports once they have been finalized and reviewed.

Come and see us to help you with:

  • Provincial Fuel Tax Rebates
  • Payroll Management and Service
  • Monthly/Quarterly/Yearly bookkeeping
  • GST remittance
  • Worksafe BC filings
  • PST remittance

We are always accepting new bookkeeping clients. Call us to find out how we can help you.

Tax Preparation

We prepare all kinds of information returns for tax purposes, the ones you may be most familiar with are:

  • Corporate Tax Returns
  • Personal Income Tax Returns
  • Charity Information Returns
  • Not-for-Profit Information Returns
  • Trust Returns
  • T 4 Summary
  • T 5 Summary
  • Partnership returns
  • Estate and Trust returns

Service Fees

At FBB Chartered Professional Accountants LLP we like our clients to feel comfortable talking about fees with us, therefore we always try to be proactive and have those discussions with our clients. Below is a guide of our fees and the ranges that they fall in. If you find you are paying more or less than what you see in this range, it is likely because your business is very small and well organized, your business is complex and you require much more than the basic, or you require other services or a basket of services.

Our rates are based on time, so the less you need of it, the lower your bill is. They vary from $60 per hour to $200 for our partners' time. Keep in mind, in many instances a partner should not have to spend as much time on your file as other people at the firm; however, if they do, you likely have a complex file.

Basic Personal Tax Returns

A basic personal tax return is a tax return that has a T4 slip and our client does not need to spend a lot of time with us explaining their tax situation. These returns start at $100 and increase from here. We would be happy to review your specific situation and give you a quote.

Year Ends

  • Notice to Reader - Fees will generally vary from $1,000 to $2,500
  • Review Engagement - The range for this type of engagement is $2,000 to $15,000.
  • Audit Engagement - The range for this type of engagement is $5,000 to $30,000+.

** Consulting, Bookkeeping, and Advisory Services will all be based on our agreement, which will either be by the hour or by quoted and contracted amount.

Quotes

Of course! We will gladly issue a quote for any of the services we offer, just give us a call!

Accounting

Our accounting services vary and often relate to statutory requirements to file an information return with Canada Revenue Agency such as a Corporate Tax Return or Personal Statement of Business or Professional Activities. Therefore, a large part of our practice is working on year ends for corporations, sole proprietorships, partnerships, and joint ventures and issuing a Notice to Reader Engagement Report.