With increasing economic pressures and business complexities, it is imperative for businesses and individuals to be aware of the professional resources available to assist management in maneuvering through the operating decisions and long-range planning required in order to reach their goals.
DJB Chartered Accountant’s Financial Services Advisory Team (FSAT) will work with you to analyze your specific business issues and develop a workable solution within the parameters that you have.
We understand that business owners and managers know their business. At the same time, we understand that specific functional expertise may not be readily available within all organizations, that owners and managers’ time is more effectively used in hands on activities to manage their business, and that as specific circumstances arise, it is necessary to call on external resources. Our team has a broad range of experience gained by assisting clients over many years. Since we have in excess of 30 partners, principles and managers, we generally are able to call on expertise within our Firm that is directly related to your industry. This allows us to provide financial advisory and management consulting services that will be of real benefit to your business.
Our FSAT helps business owners and management proactively manage the change in their business environment. Our goal is to help you enhance shareholder value. At the end of the day, that is one of the main reasons you are in business.
FSAT Services:
Our FSAT has the training and experience necessary to assist you with the valuation of your business. Included in this group is a fully accredited member of The Canadian Institute of Chartered Business Valuators. You may have need of our valuation services for any of the following reasons:
Whatever the reason, and the resultant type of valuation report required, we can provide you with the service to suit your needs.
- Litigation Support Services
Within FSAT we have a team of specialists that have many years of experience in a variety of litigation support services. We work with lawyers (defense and plaintiff), representatives of insurance companies, and adjusting firms. Our team includes experts who have provided testimony in courts and at mediations.
Our areas of expertise include motor vehicle claims, claims under Ontario’s no-fault legislation, slip and fall claims, medical malpractice claims, dependency claims, fidelity claims, stock loss claims, business interruption claims, and valuation of future care costs.
Occasionally, businesses experience an interruption in the revenues or increased costs that are either caused by another party, or an insurable incident. We work with you to quantify the amount of your loss and negotiate settlement with the offending party or insurance company. We do our utmost to ensure you receive the compensation to which you are entitled.
- Financing, Forecasts, and Projections
Our team has the experience and skills to assist you in arranging financing facilities appropriate for your business. This includes secured debt, subordinated debt, and venture capital financing. We can assist in determining why your company needs financing, how much is needed, the type of capital that best suits those needs, and coordinate an approach to help you successfully obtain the financing.
Searching for financing can be very challenging and time consuming. Having the appropriate capital structure and adequate financing available is crucial to the success of your business. We can assist you in the preparation of financial projections or forecasts and business plans that anticipate lender and investor needs. We can also assist with the negotiation of terms and conditions that are acceptable to all parties, helping to ensure funds are advanced on a timely basis once all conditions, representations, and warranties are satisfied.
- Mergers, Acquisitions, and Divestitures
Our clients depend on our professional services as they relate to possible acquisitions or divestitures of their business. Succession and estate planning are often factors in these situations, and our tax and valuation professionals are available to assist you in these matters. Selling your business can be a very time consuming and emotional matter. We can assist you, on a confidential basis, in identifying potential buyers/investors and preparing information that they will require. DJB’s FSAT can also assist with the negotiation of the transaction structure (assets vs. shares), assist legal counsel with purchase and sale agreements, and ensure funds are disbursed in a timely and tax effective manner.
A company's external auditor or accountant does not, in the course of their normal year end work, offer the comprehensive, investigative services provided by a forensic accountant. Our FSAT includes a member who is a Certified Fraud Examiner. Forensic accountants rely on a combination of accounting, analytical, auditing, and detective skills to provide specialized investigative accounting services and litigation support. As investigators, we become involved in cases ranging from criminal investigations, fraud, personal injury, and insurance claims to shareholders' disputes, business losses, and matrimonial disputes. An important function performed by forensic accountants is the calculation and verification of claims of loss or damages. If you think you may have been victimized, contact us so that we may assist you in seeking restitution.
- Child Support Income Calculations
Under the Family Law Act, child support is generally calculated based on the income of one or both of the child's parents. However, the determination of that income figure can sometimes be more difficult than you might think. Unusual income inclusions, income taxed as dividends or capital gains, or income "hidden" within a corporation are only a few examples of items that should be adjusted for in determining the level of income for child support calculation purposes. Whether you are paying child support or are trying to ensure that your children receive every dollar they are entitled to under the law, our FSAT professionals can work with your solicitor to see that justice is done.
Our FSAT has the experience necessary to assist you with preparing analyses surrounding specific management issues, and then developing workable alternatives for management to consider and possibly implement. Within our management consulting services, we are typically engaged in the following areas:
-
Business Plans
Business Plans are used for internal management operating purposes, for attracting investors, or for supporting loan applications for debt capital. Having a formal business plan allows managers to document their forward plans and develop targets to reach on an annual basis.
-
Corporate Strategies
Corporate Strategies are high level documents which outline where management plans to drive the business over the next five years. Once developed, the strategy serves to form the basis of material corporate decisions.
-
Business Process Reviews
Business Process Reviews assess the efficiency and effectiveness of your operations. Having seen how things are done in a wide array of businesses, we could provide guidance as to either revising processes to result in more efficient operations, or validate your existing operations as being sensible for your operation.
-
Operational Reviews
Operational Reviews analyze your business in terms of the Critical Success factors (strategic analyses) and the Key Performance Indicators (tactical analyses) in order to assist management in measuring the right things which drive your business.
-
Other
We can provide ad hoc services depending on the needs and requirements of management when you need to assess specific issues but may lack the time available to address the problems or the specific expertise.
- FSAT Newsletters and Publications
Click to view any of the following:
For additional information regarding these services, please contact:
Business Valuation
Dwayne N. Pyper, C.A., C.B.V.
Brent Spurr
8 Christie Street Phone: 905-945-5439
Grimsby, Ontario L3M 4G5 Facsimile: 905-945-1103
Corey Miles, C.A.
69 Ontario Street Phone: 905-684-9221
St. Catharines, Ontario L2R 6V9 Facsimile: 905-684-0566
Rob Smith, C.A.
120 King Street West, Suite 780 Phone: 905-525-9520
Hamilton, Ontario L8P 4V2 Facsimile: 905-522-3113
Litigation Support
R. Andrew James, C.A., C.F.E.
Brent M. Pyper, C.A., C.F.P.
Rob Smith, C.A.
David Grebanc, C.A.
120 King Street West, Suite 780 Phone: 905-525-9520
Hamilton, Ontario L8P 4V2 Facsimile: 905-522-3113
General Inquiries:
FSAT@djb.com
