SRJ Chartered Professional Accountants

BACKGROUND

Introduce your business and what you do there.

I’m the owner of a medical company.

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire SRJ Chartered Professional Accountants to accomplish for your healthcare practice?

I wanted to find an accounting firm that specialized in doctors and healthcare professionals who could help me with lowering my taxes and filing my returns on time. I also wanted someone who could help me with my R&D research and filing SR&ED tax credits. Additionally, I needed someone who could help me with my monthly bookkeeping.

SOLUTION

What was the scope of their involvement?

SRJ Chartered Professional Accountants handles all of my annual tax obligations, including corporate and personal tax returns, bookkeeping, SR&ED tax filings, and any ad hoc requests I give them from the Canada Revenue Agency. They also handle all aspects of my bookkeeping, including automation, determining what software to use, classifications, monthly reconciliations, and payroll.

What is the team composition?

We work with 2–5 teammates from SRJ Chartered Professional Accountants.

How did you come to work with SRJ Chartered Professional Accountants?

They were referred to me. I chose them over other options because they had high ratings, were close to my geographic location, and had a great culture fit.

How much have you invested with them?

The investment is confidential.

What is the status of this engagement?

We started working with them in February 2020, and the engagement is ongoing.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

We measure success by returns being filed early and tax savings on the personal and corporate side. I’m very busy, so filing early gives me a lot of peace of mind. I’ve saved tens of thousands of dollars over the years.

How did SRJ Chartered Professional Accountants perform from a project management standpoint?

They deliver on time and early. We communicate via virtual meetings, emails, and messaging apps.

What did you find most impressive about them?

They automate the process and make it very easy for me, given I’m very busy. They allow it to be done quickly and efficiently, so I don’t have to be involved much. Their knowledge is very strong, and their processes are very easy for me as a business owner.

Are there any areas they could improve?

No, they’ve been great to work with.

BACKGROUND

Please describe your company and position.

 I am the Project Lead of a software company 

Describe what your company does in a single sentence.

Software development

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire SRJ Chartered Professional Accountants to accomplish?

• Tax Optimization

SOLUTION

How did you find SRJ Chartered Professional Accountants?

Referral

Why did you select SRJ Chartered Professional Accountants over others?

• High ratings
• Close to my geographic location
• Good value for cost
• Referred to me

How many teammates from SRJ Chartered Professional Accountants were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

SRJ handles everything accounting-related for my business. They do all my monthly bookkeeping, reconcile my bank accounts and credit cards, and manage my accounts payable and receivable. They set me up on a cloud-based system so I can see my financials in real-time, which has been a game-changer.
They prepare my corporate tax returns (T2), my personal returns (T1), and file my HST returns quarterly. They also handle my payroll processing and make sure all the remittances go out on time. At year-end, they prepare my full financial statements and help with any corporate filings I need.
Key Deliverables I Receive:
 ∙ Monthly financial statements (balance sheet, income statement, cash flow)
 ∙ Corporate and personal tax returns filed on time
 ∙ Quarterly HST filings
 ∙ All payroll documents (T4s, ROEs, etc.)
 ∙ Annual tax planning report with recommendations for next year
 ∙ 24/7 access to my financial data through their portal

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

 ∙ Tax savings of approximately $8,400 in the first year alone through deductions and strategies my previous accountant missed (home office expenses, vehicle usage, professional development costs)
 ∙ Reduced my effective tax rate by 4.2% through better corporate structure optimization and income splitting recommendations
 ∙ 100% on-time filing record, zero late filing penalties over two years (saved me about $500 in potential penalties)
 ∙ Cut my accounting admin time by roughly 12 hours per month thanks to their streamlined cloud system
 ∙ Improved cash flow visibility - I now know my financial position within 5 business days of month-end versus 3-4 weeks with my old accountant
 ∙ Avoided a $3,200 HST assessment - they caught errors in my previous filings and helped me file adjustments
 ∙ Increased my RRSP contribution room optimization - maximizing deductions while staying within limits

Describe their project management. Did they deliver items on time? How did they respond to your needs?

The team is extremely responsive and knowledgeable. Shayan has been extremely helpful and has always made sure that our questions are answered in a prompt manner. They really seem to care about helping me minimize my tax burden rather than just churning out paperwork.

What was your primary form of communication with SRJ Chartered Professional Accountants?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

The level of personal care and attention to detail was outstanding. They mad everything super convenient. 

Are there any areas for improvement or something SRJ Chartered Professional Accountants could have done differently?

Nope

BACKGROUND

Please describe your company and position.

I am the Tax Manager of a Real Estate Development company.

Describe what your company does in a single sentence.

Real Estate Development

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire SRJ Chartered Professional Accountants to accomplish?

• Tax Consulting

SOLUTION

How did you find SRJ Chartered Professional Accountants?

Referral

Why did you select SRJ Chartered Professional Accountants over others?

• High ratings
• Close to my geographic location
• Pricing fit our budget
• Great culture fit
• Good value for cost
• Referred to me
• Company values aligned

How many teammates from SRJ Chartered Professional Accountants were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

General Corp Tax Advice & Consulting

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

Accurate and helpful tax planning advice

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Timely and tailored service delivered with expertise and professionalism.

What was your primary form of communication with SRJ Chartered Professional Accountants?

• In-Person Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Timely & top tier service.

Are there any areas for improvement or something SRJ Chartered Professional Accountants could have done differently?

No, everything was great.