Your Lethbridge small business advisor
Client Services

Moriyama Wolsey LLP Chartered Professional Accountants offer a wide range of services to our individual and business clients.  Our clients benefit from personalized, professional service.We have itemized some of the services we offer along with a brief description of them.

Please feel free to inquire about a service if you do not see it listed.

Accounting Services

Audits, Reviews and Compilations

Moriyama Wolsey Chartered Accountants has extensive experience with providing accounting services for a wide variety of private and non-profit clients. We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency.

All incorporated businesses are, by law, required to present audited financial statements to their shareholders, unless all shareholders agree in writing to waive the appointment of auditors. Some businesses may have other reasons for requiring an audit, such as the need for financing, the sale or purchase of a business or because management finds added value in the audit. However, for many businesses the additional costs may outweigh the benefits of more rigorous scrutiny. We can help you determine the level of assurance most beneficial for your business and tailor the work to meet your needs.

Moriyama Wolsey Chartered Accountants offer three levels of engagements:

Audit - An audit involves an intensive examination of your business' financial records and operations and provides the highest level of assurance that the financial statements are presented fairly. We use Canadian generally accepted auditing standards to plan and perform the audit to obtain reasonable assurance that the financial statements are free of material misstatements. During the audit, we develop a thorough understanding of your business, which also allows us to make recommendations for improvements to your accounting systems, internal controls and other operational activities.

Review - A review provides a moderate level of assurance and requires significantly less work to complete the engagement. Based on Canadian generally accepted standards, we use primarily enquiry, analysis and discussion to determine that the financial information provided by management is plausible.

Compilation - If your business has minimal external reporting requirements and you are actively involved in daily operations, a compilation engagement is a low cost, non-assurance alternative. For the compilation, we create easy-to-read financial statements from infomation provided to us. A compilation is most appropriate when prepared primarily for use by management/owner or meeting tax filing requirements.


Meaningful, well-organized financial records ensure that your business operations will run more efficiently on a daily basis and are the foundation of a successful business. Our qualified staff can assist you with the day-to-day tasks associated with bookkeeping on a monthly, periodic or annual basis.

Moriyama Wolsey Chartered Accountants are available to meet your bookkeeping needs, whether the bookkeeping is done at your business, in our office or a combination of the two. You can expect accruate information, timely turnaround, helpful advice and detailed reports to keep you in touch with your financial picture.

Our bookkeeping services include:

  • Data entry
  • Bank and other account reconciliations
  • GST preparation and reporting
  • Payroll
  • T4 and T4 summary preparation
  • T5 and T5 summary preparation
  • T5018 and T5018 summary preparation
  • WCB preparation

Financial Forecasts & Projections

Forecasting is a necessity when trying to effectively manage and lead a business to profitability. From simple projections to complex financial modeling, our experienced staff can assist you in achieving your company's financial goals.

Tax Services

Corporate Tax Planning & Preparation

Tax planning is a vital component of your business' success. It is also critical for meeting the long-term financial goals for you, your family and your business. Tax planning is a process of considering various tax options to determine when, whether and how to conduct business and personal transactions in order to reduce or eliminate taxes.

Moriyama Wolsey Chartered Accountants can help you in all areas of corporate taxation. We work closely with you to understand the unique long-term financial and taxation implications of your business operations. You can be certain that we will consider all available strategies before completing your business' corporate tax returns. Our continuing professional development and regular monitoring of current taxation law ensure that we are able to offer you the most tax efficient solutions for your unique business needs.

Moriyama Wolsey Chartered Accountants will prepare all necessary federal and provincial taxation schedules and forms and ensure compliance with all income tax laws and filing deadlines. We can also prepare and administer correspondence with federal and provincial tax authorities on your behalf.

Personal Tax Planning & Preparation

Strategic tax planning is the key to meeting your personal goals. Whether you are a business owner, an executive or a professional, Moriyama Wolsey Chartered Accountants can help.

We can help you minimize and/or defer taxes by developing a personal tax plan customized to your individual needs. Our team understands the importance of setting your retirement goals to best match your current earnings with tax-deferred savings. We also understand the importance of saving for your children’s education. We can help you use RRSPs, RESPs, and Tax Free Savings Accounts to their best advantage.

At Moriyama Wolsey Chartered Accountants, we are committed to providing personal tax services that not only comply with current tax laws, but also provide our clients with the most beneficial tax treatment to ensure that no unnecessary tax is paid. Our team is proficient in all applicable taxation rules and legislation and works closely with our clients to understand the financial and taxation implications of their individual and family situations to reduce personal and family tax burdens and maximize benefits.

We provide integrated tax planning services and professional advice that helps you achieve your personal financial goals. And we stay on top of the latest tax changes and understand how such changes could impact you and your tax situation.

Estate & Trust Tax Planning & Preparation

Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

Consulting Services

Business Consulting

We gauge our worth by the personal and business successes of our clients. As accountants, we have knowledge of many different industries and can help you to grow your business efficiently. We will work closely with you to gain a full understanding of your business, help you identify your weaknesses and build on your strengths. Whether you are building a business from the ground up, acquiring an existing business, or operating a well established business, Moriyama Wolsey Chartered Accountants have access to the knowledge and tools required to help you succeed. Whatever your goals are, with your collaboration, we will help you achieve your goals.

Business Succession Planning

Effective transition of your business to your successors is critical to its continued prosperity. With a solid background in tax, succession and estate planning, and other financial matters, we are fully qualified to address the complex issues of business continuation.

Business Valuations

A professional and objective business valuation is a necessary component of many transactions, such as purchase, sale or reorganization of a business, shareholder and partnership agreements, matrimonial settlements, or estate proceedings. Our experienced team will provide you with an objective and accurate valuation of your business assets and goodwill.

Business Start-up

Starting a business is a very exciting venture. There are, however, many things to do and think about beyond the type of business to start.  Moriyama Wolsey Chartered Accountants can walk you through all aspects of starting your own business from deciding whether to incorporate or operate as a proprietorship through to obtaining financing. Below is a list of some of the tasks and considerations of starting your own business:

  • Decide whether to incorporate, operate as a proprietorship, or partnership
  • Prepare a business plan
  • Determine how much financing will be needed
  • Obtain financing
  • Find a lawyer
  • Set up a Canada Revenue Agency business number
  • Open GST and payroll accounts with CRA
  • Setup bookkeeping and payroll
  • Obtain appropriate insurance coverage
  • Obtain a business license
  • Decide whether to take a salary or dividends

Moriyama Wolsey Chartered Accountants will help you perform all of the necessary tasks of starting a business so you focus on growing your business.

As you start or expand your business, you will need financing to reach your business goals. The right kind of financing at the right time can be critical to your success. Moriyama Wolsey Chartered Accountants have the experience to provide sound advice and support for you in determining your financing needs and finding sources of funding, whether for managing day-to-day operations or for expansion. Our team can help you with:

  • Determining funding requirements through cash flow analysis and projections
  • Identifying the most appropriate lenders and/or investors
  • Developing your business plan and budget
  • Preparing for presentations to lenders or investors
  • Analysis of financing options and support for financing negotiations to help you obtain the most favourable arrangement possible

Estate Planning

Effective estate planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse, and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. We can guide you through the complex process of getting your financial affairs in order.

Accounting Software Selection & Implementation

Are you or one of your staff seeking to learn QuickBooks or Simply Accounting? Moriyama Wolsey Chartered Accountants understand the importance of having an accounting system that is set up and operating correctly and efficiently. Our services cover the whole spectrum of computer users, from novices to experts. Our team will help you decide what accounting package is best for your business. We will install the programs, train you to use them and provide ongoing support. We will be available to assist you whenever questions come up.

Simply Accounting and QuickBooks both contain similar Financial Statement Modules. Moriyama Wolsey Chartered Accountants will help you use the modules that make the most sense as management tools for your business.

  • General ledger
  • Accounts receivable
  • Invoicing
  • Accounts payable
  • Job costing
  • Inventory
  • Payroll