Compliance, Management & Advisory

At lexony enterprises Ltd. we know and understand the accounting is more than just number-crunching; it's the backbone of every successful business. Our services encompass compliance, management, and advisory to provide comprehensive financial solutions designed to help businesses navigate complex regulatory environments, optimize financial performance, and achieve strategic goals.

Compliance

Navigating the complex web of financial regulations can be daunting. Our experts ensure your business operates within legal and ethical boundaries.

Taxes Compliance: Personal Income Tax: Calculation and Netfile, Business Tax: We handle tax preparation to hand off to the filing CPA
Financial reporting: Complying with accounting standards (GAAP, IFRS) and regulatory requirements.
Business Remittances: GST/HST, PST, WCB, Payroll Remittance (Monthly, Quarterly, or Annually)
Regulatory Compliance: We help you meet industry-specific compliance requirements.
Internal controls: Implementing and maintaining robust internal controls to mitigate risks.
Auditing and assurance: Conducting financial audits to verify accuracy and reliability.

Management

Efficient financial management is essential for business growth. Our team offers:

Bookkeeping and Accounting: We maintain accurate financial records, process transactions, and reconcile accounts.
Accounts Payable and Receivable: Efficiently managing payments to suppliers and collections from customers.
Payroll: Accurate and timely calculation and disbursement of employee wages, including tax withholdings and deductions.
Planning: We provide insights into your financial performance through data analysis and reporting.
Cash Flow Management: We analyze cash flow, identify potential issues, and implement strategies to improve liquidity.
Cost accounting: Analyzing and managing costs to improve profitability.
Accounting systems implementation: Selecting and implementing accounting software to streamline processes.

Advisory

Our advisory services offer strategic guidance to help you make informed financial decisions.

Business Planning: We assist in developing financial projections and budgets.
Business Valuation: Assessing the financial value of a business for mergers, acquisitions, or other purposes.
Financial Reporting: We provide monthly reporting including a Profit & loss, Balance Sheet, and other reports as needed or requested.

Financial Forecasting: We analyze trends and predict future financial performance.
Process Improvement: Enhancing financial operations through automation and efficiency gains.

By combining compliance, management, and advisory services, Lexony Enterprises Ltd. empowers businesses to achieve financial stability, optimize performance, and make informed strategic decisions.

Would you like to focus on a specific area of accounting compliance, management, or advisory? Contact us for a consultation.