It’s no secret that Vancouver is a hotbed for emerging technology companies. Providing service to the technology industry is a cornerstone for Manning Elliott.
Our firm helps startups, new ventures and established companies in the tech industry. Manning Elliott has an extensive background working with a long list of startup tech companies, whether they are Canadian or situated in the U.S. Silicon Valley.
Manning Elliott’s specialized team of CPAs help tech companies, at any stage of growth, with financial statement audits, reviews, and compilation engagements under Canadian and US standards. Our CPAs understand the tax rules on both sides of the border.
Our extensive client base is made up of businesses that specialize in bioactive products, medical devices, call centre services, mobile social media, communications, mobile solutions, digital animation, software development, engineering software, software solutions, IT products and services, video games, and online HR training.
Manning Elliott’s accounting professionals are up-to-date on all regulations within the technology industry. We are here for all your needs, including assistance with the following:
Recognition of revenue
Measurement of share-based compensation
Treatment of complex financial instruments
Applying for tax credit incentives
Complying with regulatory requirements and offer government assistance in pursuing or in maintaining a public listing on Canadian and US stock exchanges
Cross-border and other tax planning considerations
Capturing the relevant financial information needed for annual accounting and tax return preparation. Recommending what kind of accounting software to use to accomplish this.
Manning Elliott’s expertly trained accounting professionals advise on the available government grants and tax credit incentives to apply for, so you can take advantage of maximizing cash resources.
One of the most important components of Manning Elliott’s service is providing hands-on advice and assistance with the application for tax credit incentives under the government’s Scientific Research and Experimental Development (“SR&ED”), Small Business Venture Capital Act and Interactive Digital Media programs.
Technology company financing structures can often make accounting issues very complex, as businesses often raise money through creatively structured debt on equity arrangements. Manning Elliott deals with these accounting issues on a daily basis. Our team is here to make that complex process a smooth one!