Accounting Services PDF Print E-mail
  • Financial Reporting
  • Managerial Accounting
  • Investments
  • Film and Entertainment

Financial Reporting

ILACO Accounting provides comprehensive and reliable financial reporting with all levels of audit and reporting functions. Our team of accounting professionals includes Chartered Accountants (CA) and Certified General Accountants (CGA) and Certified Public Accountants (CPA). We can construct and present financial statements for both American and Canadian standards at all levels of reporting including

  • Notice to Reader
  • Review and Engagement
  • Audit

Financial statements are available for interim purposes and yearend reporting. These statements are also relied upon for corporate tax filings and personal income tax preparation and filings.

Bank Reporting

One of the key users of timely and accurate financial statements are financial institutions with banks and third party guarantors. These institutions rely explicitly on precise and timely reporting for maintaining lending facilities and adhering to lending terms and covenants. By going offside with your lender reporting requirements, you are putting your borrowing facilities at risk and possibly having your loans called for failure to report on time and in accordance with the terms of your borrowing facility.

Don't neglect proper reporting and financial disclosure
to keep your lenders up to date and in good standing for your credit needs!

Managerial Cost Accounting

ILACO Accounting also provides complete cost accounting services for manufacturers and business enterprises that require process costing, production costing and analysis and determination of cost centers with materials, labour and overhead. This is a specialized area of managerial accounting that is required for manufacturers and businesses where there are the completion of raw materials and labour converted into finished goods and services.

Our Certified Management Accountants (CMA) can provide you with all the necessary costing analysis and detailed structure that is inherent in all manufacturing production companies.

Investment Reporting

ILACO Accounting is the in-house accounting service for construction and reporting of all our affiliate and subsidiary companies, and also provides full accounting and reporting to all our Private Equity investing members.

If you have invested in any of our business project offerings through our ILACO Private Equity Consortium, ILACO Accounting is the reporting arm that will provide you with concise and detailed financial reporting of your investment and your taxation status.

This means you get timely and accurate financial reporting of your money invested with us and also ensures adherence to credible accounting standards and reporting requirements. For audit purposes we also utilize third party accounting firms to verify and validate any of our Investment Performance reports and disclosure statements, for complete transparency and credibility.

Film and Entertainment Accounting

ILACO Accounting provides complete financial accounting to the film industry and entertainment enterprises as part of its affiliation with Jutsun Media Group and all its entertainment affiliate companies.

Accounting and audit services are required for all Film and Tax Credit functions for reporting requirements in both Canada and the United States. Film and entertainment production includes special production credits and government incentives for film and entertainment producers. As part of these comprehensive programs, Film producers must have detailed and concise accounting and reporting functions in order to capitalize on government tax incentives and grants.

ILACO Accounting also provides detailed financial accounting and reporting to investors from the ILACO Private Equity Consortium who have invested capital in Film and Entertainment projects. All funded Film and Entertainment projects are subject and under supervision of all accounting and reporting requirements as a condition of funding and investment.

ILACO Accounting also provides a comprehensive Bookkeeping, Accounting, Tax and CFO Management program that encapsulates the entire range of services required for any size business.

For more information on our unique Accounting services and our complete structured programs, contact us at This e-mail address is being protected from spambots. You need JavaScript enabled to view it or call us at

(905) 274-8999(905) 274-4200

 
ILACO Accounting, a division of ILACO Corporation. Copyright 2018 Website designed by JMG Digital Studios A Division of Jutsun Media Group Inc.