Irrespective of an organization's size, businesses are faced with mounting challenges and opportunities in an ever-evolving business landscape.
With multiple factors in economic uncertainties, whether labour issues, changing market demands, interest rates, regulatory shifts, or inflation, among many, these challenges are not just fleeting obstacles, but pivotal factors in navigating financial complexities.
Seeking an accounting firm with a reach beyond simply crunching numbers, one who will help lead and execute the changes required to secure opportunities, is vital for businesses who want to level up their operations and pave the way for future growth.
To meet these demands, businesses are turning to trusted financial partner Baker Tilly, a leading, independent audit, tax and advisory firm based in Vancouver and Toronto, whose mission is to offer their clients support to help them grow and their people succeed.
Not only are they uniquely positioned to address their clients’ needs successfully, but they pair deep industry knowledge with a full complement of service specialization to tap into big-picture opportunities across every major industry sector.
One such notable sector is real estate. "Real estate development is a very large component of one of our specialty areas that we offer support," says Paul Websdale, managing partner of Baker Tilly Vancouver and Toronto Offices
"It's a very important part of the Vancouver economy and sector and we have specialists that can support the ever-changing landscape in the industry."
Full spectrum of services
Drawing on well-trained teams across a variety of disciplines, they ensure the alignment of their professional’s skills and experience with client requirements, resulting in exceptional service and business outcomes.
Services are wide-ranging from audit and accounting, business valuations, and litigation support to corporate finance and information technology.
With core competencies in tax, Baker Tilly delivers expertise beyond domestic and U.S. personal tax. "We offer corporate U.S. tax, not just compliance, but consulting and business, U.S. tax planning as well, which is a big differentiator for us," says Websdale. "Many firms do not have corporate U.S. tax planning and consulting."
Baker Tilly dually understands that each organization is in a distinct place and needs different services to help them reach their goals.
"It's important that we focus on other areas of support for our clients as well, like data analytics and dashboarding, artificial intelligence, buying and selling businesses, family office, wealth management, and HR consultants," explains Websdale.
Being based locally is equally vital. "It's important so we can make decisions in our cities; however, we can also collaborate nationally and internationally, which is really significant for our clients because they're local, national and international as well."
From addressing evolving client needs to leading strategic internal initiatives, Websdale embraces a continued focus on strategic firm growth.
"Growth is exciting for me because it creates opportunities for our clients across the board, the specialty markets as well as the core areas locally, nationally, and internationally. It also creates opportunities for our staff."
“Building out our management team with this next generation of leaders enables us to stay ahead of the curve as a leading audit, tax and advisory firm, furthering our objective to make a meaningful impact in our market.”
Giving back
With a healthy focus on philanthropic endeavours—a further deferential benchmark for Baker Tilly—the firm connects to causes they care about and gives back to the community.
"We’re now entering into longer term support for organizations that need help," says Websdale.
"We think it's important that businesses are part of the community and BC Children's Hospital Foundation in Vancouver and the Toronto SickKids Foundation are two important components of our community, and we're very happy to be supporting these two foundations."
Not only is Baker Tilly committed to building relationships in the community, but relationship-building with their clients is paramount; they know your industry nuances and understand how you do business.
"It's really important that you engage with professionals to make sure you are taking your business the way you want it to end up and not have it be done to you.
"Make sure you're in control of your business."
To learn more about Baker Tilly, its domestic and international cross-industry knowledge, or how its team of financial experts can help you, visit bakertilly.ca.
