GTA Accounting is a licensed Chartered Professional Accountant (CPA) firm providing accounting and tax services. The company offers assistance in tax filing, financial reporting, and compliance for individuals and companies. Having a presence at several locations, GTA Accounting has collected numerous client reviews online and has been highlighted by sites like Clutch and The Toronto Star for activity in the accounting space. The company also showed up on "Three Best Rated" as part of a listing in 2022.

GTA Accounting serves clients by initially understanding the clients' business or personal financial requirements. The company comes up with a plan to meet accounting work and assist with future tax planning. The strategy aims at matching services with the operational and regulatory requirements of every client.

Accounting Services Offered by GTA Accounting

Audit and Assurance

GTA Accounting provides corporate audit services in a risk-based and structured method of reviewing financial statements. The audit process of the company starts with a review of the business activities of the company and related risks. The auditors then develop procedures based on this risk profile to ensure sufficient and appropriate evidence in support of the ultimate audit opinion. The audit procedure entails reading documents, interviewing individuals, and observing to confirm monetary accuracy and conformance. After an adequate amount of evidence has been gathered, GTA Accounting formalizes an audit report that contains findings and conclusions. Depending on the outcome, the company might provide an unqualified (clean), qualified, or adverse opinion. A qualified opinion reports certain issues, whereas an adverse opinion refers to major problems with the monetary statements' reliability.

GTA Accounting's staff, including certified public accountants (CPAs), is aware of prevailing financial reporting requirements and regulatory requirements. The company also employs latest auditing technologies to increase efficiency and ensure confidentiality during the process. Upon completion of the audit, GTA Accounting assists clients to correct any issues that have been raised. This can include accounting policy adjustments, upgrades to internal controls, or enhanced financial disclosure. The service is customized to suit the unique needs and objectives of each business and helps ensure proper reporting and regulatory compliance.

Business Incorporation

GTA Accounting offers business incorporation services to professionals and entrepreneurs. Their experts assist clients in choosing the most suitable form of incorporation that suits the nature of their business operations and future objectives. Having knowledge of incorporation legislation and regulatory requirements, GTA Accounting streamlines the process of setup and ensures all documents are filed properly. Apart from the general incorporations, the company also helps to create professional corporations, which are accessible to specific licensed occupations like physicians, dentists, pharmacists, lawyers, and so forth. Although the corporations work in a similar manner as normal corporations, the limitations are that they can provide professional services in compliance with regulatory body requirements.

One of the main reasons to become incorporated is to take advantage of limited liability. Unlike sole proprietorships and partnerships, incorporation shields business owners from being held personally liable for business debts or legal judgments. The shareholders' liability is normally restricted to the sum they have invested in the business. By using this service, GTA Accounting assists clients to consider the benefits of incorporation, oversee the legal establishment process, and comply with federal or provincial laws. The objective is to establish an organized platform for business development, financial security, and long-term planning.

Estate Planning

GTA Accounting Professional Corporation provides tailored estate accounting services in Mississauga and Toronto, assisting clients to secure their assets and enhance returns for their beneficiaries. Their Chartered Professional Accountant (CPA) advises clients on individualized tax planning options based on reducing tax burdens at retirement and upon death. The company helps with estate planning by explaining clients' objectives and suggesting will adjustments that minimize estates in taxes. They further provide appropriate life insurance coverage aimed at further lowering tax expenses and protecting the financial interests of the beneficiaries. The GTA Accounting company also assists with filling tax after death and provides options to help surviving spouses or other beneficiaries avoid paying too much in taxes.

Realizing the significance of wealth conservation and family objectives, GTA Accounting adopts a customized strategy. They conduct personal consultations to deeply understand the client's family life and assets, making sure estate plans are integrated with individualized requirements and dreams. This integrated methodology is designed to ensure easy transfer of wealth from one generation to the next, giving peace of mind and securing finances for the future. By providing estate accounting, GTA Accounting assists clients in managing complicated tax regulations while preserving their financial legacy.

Steven Matos, CPA, CA - Principal

Steven Matos, CPA, CA, is the Principal of GTA Accounting and an experienced accounting professional with more than 20 years in senior positions across North America. He is enthusiastic about assisting small businesses and specializes in providing customized solutions to drive growth. As a past entrepreneur, Mr. Steven has the expertise for understanding small business issues and is dedicated to offering real-world advice and great service to assist clients in achieving success.

GTA Accounting customizes solutions by understanding client needs, ensuring compliance, and supporting long-term financial success.