We're Your Finance Team
At Thomas Irwin Professional Corporation, we specialize in providing expert bookkeeping for non-profit organizations, payroll services for not-for-profits, and accounting and controllership services. Our mission extends to supporting other sustainable organizations that prioritize their staff and deliver exceptional experiences to their customers.
How We Provide Our Support
At Thomas Irwin Professional Corporation, we deliver our bookkeeping services and payroll services primarily in a remote setting, allowing us to maintain low overhead costs while ensuring efficient and effective support for our clients. Although we do not work with any client on a full-time basis, we are always available when you need us. This flexible working arrangement enables us to offer superior financial services at reasonable rates.
Our services are provided on a monthly basis, and we strive to simplify the billing process. Instead of tracking time and billing clients accordingly, we focus on delivering clear, customized services tailored to each client’s specific needs. This approach has proven successful for our clients, as we provide expert bookkeeping support services at a fixed monthly fee—eliminating surprises and ensuring we complete tasks on budget and on time.
Do you have a need to improve your accounting, bookkeeping, or payroll services? Leave this work to us, and you can focus on your operations.
What We Offer
At Thomas Irwin Professional Corporation, we specialize in providing expert charity bookkeeping services, payroll services, and controllership services to not-for-profit organizations. Our mission extends to supporting other sustainable organizations that prioritize their staff and deliver exceptional experiences to their customers.
Accounting Services
Navigating diverse financial services and reporting requirements can be challenging. Our expert team is here to:
- Assess your financial situation and clarify reporting needs for funders and stakeholders.
- Perform analysis of operational results, opportunities, and risks to identify areas for improvement.
- Create a tailored plan that accommodates your organization’s growth.
Controllership Services
Our controllership services provide oversight and guidance to ensure financial health and compliance. This includes:
- Preparing for Board and/or Funder inquiries and providing oversight of your staff or offering our own team for meticulous preparation.
- Managing your existing finance and payroll employees with expert coaching and support.
- Assisting in recruiting the best finance team candidates for your organization.
Bookkeeping Services
As your organization grows, the complexities of bookkeeping for non-profit organizations can become overwhelming. Our solutions include:
- Online bookkeeping services managed by our experienced professionals.
- Efficient handling of your bookkeeping tasks, including accounts receivable, accounts payable, posting general ledger entries, and bank reconciliations.
- Allowing your administrative team to focus on core functions.
Payroll Services
We provide comprehensive payroll services for charities from start to finish for any client. Our online payroll services include:
- Full management of payroll activities, ensuring timely and accurate payment to your employees.
- Handling of source deductions and benefits administration on your behalf, if needed.
- Ensuring compliance with all relevant regulations and requirements, (including monthly/quarterly/annual filings and issuing ROE’s).
Internal Financial Reporting
Our internal financial reporting services support your organization’s leadership team in making informed decisions. This includes:
- Completing all month-end activities up to and including the generation of a monthly balance sheet, income/operating statement, and cash flow statement.
- Budgeting and variance analysis to help track financial performance.
- Collaborating with leadership to assess the financial implications of decisions, focusing on cost versus benefit and opportunity costs of different pathways.
- Actively participating in your Audit, Executive, and Finance Committees as needed.
External Financial Reporting
We ensure that your organization meets the reporting requirements essential for transparency and trust. Our external reporting services include:
- Reporting to funders, including public and private entities or individuals, such as donations and the use of funds provided from your generous donors.
- Reporting to various levels of government, including the Canada Revenue Agency, Ministry of Health, Ministry of Long-Term Care, and Elections Canada.
- Preparation of regulatory documents such as T3010, T1044, T4, T4A, T2, GST/HST filing, and other necessary filings.
- Coordination with your external auditors to ensure they receive the necessary information and documentation in a timely manner. This collaborative approach will help keep your annual audit fees to a minimum while allowing auditors to complete their reviews ahead of schedule.
Technology Management
We leverage the software programs you already use, with extensive experience across various packages. Our services include:
- Implementing new software solutions if you're looking to enhance your existing processes.
- Strategic support that aligns with your organization’s needs and maximizes operational efficiency.
Get in Touch
At Thomas Irwin Professional Corporation, we are excited to partner with you on your journey to success!
