Accounting & Assurance
At Deeth & Co. we work closely with our clients to thoroughly understand their specific needs and then we tailor our strategies accordingly. We understand that financial statements are valuable tools that can identify risks and untapped opportunities, and better position businesses for future sustainable success. And we help our clients to understand how to use this tool in their business.
Assurance Services
- Financial statement audit
- Review engagements
- Compilations and notice to reader engagements
- Agreed upon audit procedures
- Service organization reporting and internal controls audit
- Internal audit
Audit Services
Financial Reporting
To make sound business decisions, you require reliable financial reporting information. Deeth & Co. works with all types of enterprise groups including public and private entities both large and small providing accurate financial reporting data. With extensive industry expertise, and a technology-enabled audit approach, we help your organization maintain complete financial reporting. This way, your stakeholders can have confidence in the integrity of the financial data you report on. To meet the needs of today’s competitive marketplace, financial reporting data must be complex. Let us show you how we can help you alleviate all your financial concerns and get back to what you do best.
Specialized Audits
At Deeth & Co, we know that peace of mind extends beyond financial concerns and into all aspects of your business. When you know the facts of your situation are audited, you can comfortably address other areas of your business. Our staff are experienced and equipped to assist our clients with all specialized audit and financial reporting business assurance services. Adhering to strict professional standards, we deliver objective, fact-based audits that can help your organization address specific reporting and procedural concerns, and enhance the value received from an internal audit.
Service Benefits
Business operators gain an extreme advantage when they know in advance their short term and long-term obligations, their cash on hand, and their ability to pay debts.
- Statements reveal business problems quickly
- Statements provide a historical business record
Service Features
Our team of dynamic accountants will put a plan in place to streamline your accounting efforts all year round, and not just at tax intervals.
- Bookkeeping (Monthly/Quarterly/Annually)
- Payroll services
IFRS Training in Mississauga – What It Is and Why It Matters
If your business works across borders, then you’ve likely heard of IFRS. It stands for International Financial Reporting Standards. These are the internationally respected rules for how companies report their finances.
Many countries require businesses to follow IFRS protocol. So, if you plan to grow or deal with foreign investors, you’ll need to understand it.
And that’s where IFRS training comes in.
“I took my first IFRS course thinking it’d be a check-the-box thing,” says Karen, a writer who’s worked with accounting firms. “But halfway through, I realized we’d been recording leases all wrong. That one recognition saved a client from a major issue during an audit. Thank you IFRS”
Training isn’t just for accountants. Business owners and managers can benefit too. When you know what to expect from your finance team, you make better calls.
IFRS courses vary in scope. Some are basic overviews. Others prep you for the exams. Thankfully you can take these courses online or in person.
“Honestly, I like short online sessions best,” Karen says. “But when a topic’s really tricky—like revenue recognition—I prefer live classes where I can ask questions and interact.”
The best time to take the training is before you need to file under IFRS. Not after.
“I’ve seen teams scramble the week before reporting. It’s not pretty.”
Even a short refresher course now and then helps. Standards change. Mistakes get costly. Training keeps you ahead.
IFRS Accounting in Mississauga – What It Means for Your Business
IFRS accounting means that you are using global rules to report your company’s finances. If you work in more than one country, it matters. Especially to stakeholders and friends.
Why? Because it brings consistency. People can compare your business with others. Your transparency builds trust.
“One client of mine had investors in Canada and Europe,” says Karen. “They switched to IFRS, and suddenly their financials made sense to everyone. No more confusion.”
IFRS standards also helps with audits. Your numbers follow a known standard, so reviews go faster.
When adopting this approach, don’t expect it to be just a simple form change. IFRS shifts how you treat leases, income, and more. Karen remembers the surprise:
“Revenue looked great one month, then flat the next. It was just the timing under IFRS. We had to adjust how we explained it to the owners.”
Switching takes planning and it can affect systems, staff, and contracts.
“It’s not just the finance team,” she says. “One company had to reword supplier deal agreements to match IFRS lease rules. Legal and finance had to work together.”
But not every business must follow IFRS. But if you do, don’t wing it. Talk to your accountant. Ask what will change under this system and get clear steps.
Done right, IFRS helps you grow. It keeps surprises off your books—and off your plate.