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Blosser & Associates is a Toronto based accounting firm serving individuals and small to medium size businesses.  Both Brian Blosser and Corey Blosser are Chartered Professional Accountants.  From our offices at Yonge & Bloor, we serve clients from across the Greater Toronto Area and provide professional services, including:


  • Financial statement preparation
  • Corporate and personal income tax returns
  • QuickBooks (desktop and online) accounting software consulting
  • Tax planning and corporate reorganization
  • Not-for-profit accounting
  • Controllership Outsourcing

 

Financial Statement Preparation: We prepare annual financial statements under a Compilation Engagement.  For clients requiring a Review or Audit, we coordinate with a firm with a public accounting license to ensure that fully adjusted financial statements are presented for review or audit.

For our larger corporate clients, we prepare monthly or quarterly reporting based on their in-house accounting software.  Other clients benefit from online accounting software that we can manage and use for up-to-date reporting.  Many smaller clients provide transactional reporting that we use to compile year-end financial statements.

For smaller clients, we also provide full bookkeeping services using desktop and online software.

Tax Reporting: For our larger corporate clients, we prepare tax returns independently or in conjunction with other tax specialists.  In addition, we generally assist with sales tax reporting and the preparation of required tax slips.  For individuals, we provide tax preparation services including reporting for self-employed, rental and investment income using the best tax preparation software.

As tax issues become more complex, we also advise our clients on tax planning and corporate reorganizations to defer and minimize taxes to the extent that it is permitted under the Income Tax Act.

Controllership Outsourcing: Complementary to our financial statement preparation service, we assist medium size businesses who do not have a full-time accounting function in-house.  By outsourcing the Controller function, these clients save a considerable amount that would otherwise be paid for an underutilized professional salary.  We also assist with starts-ups who are not ready to begin an HR search, need to care for their accounting function quickly, and are able to use our experience from multiple industries.  When they grow to a sufficient size, we are easily able to transition the accounting function to our client.

Software: We are certified as Quickbooks Pro Advisors.  We are able to assist with the creation of a new set of books, modify structures, and upgrade, according the needs of our clients.  For tax preparation we use the leading software produced by Cantax.