Arts & Entertainment

Arts, Entertainment & Recreational

Banka & Company, CPA provides accounting and bookkeeping services for small businesses in the arts & entertainment, as well as recreational activities. Clients we cater to are theatre and museums. These small businesses have a unique set of accounting and bookkeeping requirements that we have the experience to deliver. We also help you build your small business in the most effective and efficient methods in order for you to expand and achieve success.

Our CPA’s have many years experience handling a wide range of financial and managerial accounting services including;

  • Tax planning strategies
  • Corporate yearend tax returns
  • Budgeting and financial projections
  • Cash flow analysis
  • Inventory control

Like other small businesses, the arts, entertainment, and recreational industry comes with its own set of unique challenges with a diverse clientele base requesting a variety of demands. Banka & Company, CPA’s are experts in understanding the complexity of this diverse group small businesses and what is necessary to achieve their accounting needs. Our goal is to help simplify the bookkeeping and accounting systems to fit with their operations.

We are here to help you;

Set up your bookkeeping using desktop or online software such as QuickBooks online, Sage One, or Xero in order for you to invoice your clients as well as keep track of your income and expenses.

As part of our accounting service will take care of your yearend tax return. We do this by tailoring to your professional small business specific needs in order to maximize results to either reduce or defer taxes.

Our Accounting and Bookkeeping Services include;

  • Tax planning, preparation, and analysis
  • Cash flow analysis
  • Assist in setting up billable hours based client time, projects, retainers, and any specific work
  • Travel expense to meet with clients, networking events, out of town conventions, etc.
  • Bank and credit card reconciliations
  • Preparation of GST, PST, and WorkSafe BC reports
  • Payroll services
  • New Business consultation
  • Budgeting, financial projections, and strategic planning

ACCOUNTING, TAX & FINANCIAL ADVISORY SERVICES

At Banka & Company, CPA we help clients Plan, Manage, and Succeed