HOME HARDWARE ACCOUNTING

Home Hardware

At Wormald Masse Keen Lopinski LLP we currently provide services to numerous Home Hardware owners and are experts in Home Hardware retail operations.

At WMKL our goal is to assist you in the management of your internal accounting records and internal control systems. We feel that the internal accounting function is essential to producing accurate monthly and quarterly financial reports which management can rely on to make key business decisions in a timely fashion.

We can provide you with the tools you need to successfully reach your financial goals. We are committed to a "work with" attitude in our client relations and we want to fully understand your activities in order to be responsive to your requirements.

Home Hardware Accounting Services

Our goal is to complete your statutory reporting requirements, assist you in the management of your internal accounting records, and make recommendations concerning your operations, activities and opportunities. Some specific accounting and audit services are as follows:

  • Preparation of monthly financial statements
  • Set up of internal controls, filing systems and other internal accounting systems
  • Interim gross margins
  • Yearend reviews and financial statement preparation
  • Budgeting

Home Hardware Taxation Services

We will provide you and your business with comprehensive tax planning advice to help you minimize costs and maximize after-tax retention of profits. Some specific taxation services are as follows:

  • Personal, corporate and trust income tax planning and compliance
  • Estate and succession planning
  • Retirement and will planning
  • Life and disability insurance planning
  • Commodity taxation
  • Tax dispute resolution
  • T4’s, T5, EHT, WSIB and GST

Home Hardware Business Advisory Services

Our extensive experience working with Home Hardware owners enables us to provide a variety of business advisory services. The following are some specific business advisory services that we offer our Home Hardware clients:

  • Comprehensive review of store purchase and sales documents
  • Assistance with business and personal financing
  • Assistance with incorporation and start-up of your business
  • Tracking of gross margin and other cost trends by sales volume
  • Installation of in-house accounting systems and training