How quickly can Synnect take over our bookkeeping?

Most handovers are completed within two weeks. We begin with a discovery session, map your workflows, and securely transfer access with zero disruption to daily operations.

What is the difference between bookkeeping and management accounts?

Bookkeeping tracks daily transactions, reconciliations, and compliance. Management accounts analyze that data to provide strategic insights, variance analysis, and cash flow forecasting.

Is outsourced bookkeeping more cost-effective than in-house?

For most organizations, yes. Our managed accounting & bookkeeping engagements deliver a median 40% cost saving versus the equivalent in-house delivery model, measured at the 6-month review.

Do we need to change our accounting software?

No. We work directly within your existing tech stack—including Xero, QuickBooks, NetSuite, Sage, and FreeAgent—so your team doesn't have to relearn any tools.

Audit & Assurance Support
Canada.

Synnect prepares senior-reviewed audit working papers, lead schedules, and reconciliation packs for statutory audits in Canada—aligned to Canadian Auditing Standards (CAS) and ready before fieldwork begins.

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Managed in your software

What We Offer

Canadian audit working paper file assembly

Systematically cross-referenced working paper binders prepared strictly in alignment with Canadian Auditing Standards (CAS) and ASPE/IFRS frameworks.

Lead schedules & financial statement cross-ties

Clean balance sheet, P&L, and cash flow lead schedules tied directly back to trial balances and general ledger transaction detail.

Capital asset verification & amortization testing

Capital addition testing schedules, amortization calculations, and asset disposals verified with supporting documentation.

Intercompany confirmations & consolidation eliminations

Confirmation packs, foreign currency translations, and elimination workings designed for Canadian multi-entity holding structures.

Substantive variance commentary & analytical reviews

Thorough year-on-year fluctuation analysis and analytical procedures prepared ahead of time to eliminate auditor review delays.

Accounts receivable, accounts payable & cut-off testing

Aged receivable/payable listings, cut-off verification, and search for unrecorded liabilities with complete audit vouchers.

Specially Built For

CPA Firms

You run the audit engagement and sign the assurance opinion. We assemble the working papers, lead schedules, and testing packs in your software.

Organizations

An audit is coming and your finance team is stretched. We build the audit file before fieldwork begins so auditors work through without constant queries.

Auditor Independence Guaranteed

Auditor independence strictly preserved.

Synnect prepares the working papers, schedules, and reconciliation packs. The independent CPA firm plans the audit, performs testing, and forms the audit opinion.

FAQ

Frequently Asked
Questions

Find quick answers to common questions about our services, process and support.

Ideally 6–8 weeks before your audit start date. This allows completion of a full, senior-reviewed working paper file without compression.

Ready to Talk?

Book a 30-minute discovery call with a Synnect professional.