1Understand
Learn how the business actually runs
Where it is going, what is getting in the way, and which numbers you are missing when you need to make a call.
Chartered Professional Accountants
Accounting that moves your business forward.
Lumos is a virtual Canadian accounting firm for owner-managed businesses that intend to get bigger. Accounting, tax, advisory and the projections behind the next decision, from CPAs who have done this at scale.
15+
Years of experience
Led and managed by experienced CPAs and industry specialists.
National-firm trained
The same rigour applied to owner-managed businesses.
Fully virtual, Canada-wide
Cloud systems, secure document exchange, meetings on video.
Year-round
We stay in touch between filings, not just at year-end.
Services
Everything a growing business needs from its accountant. Nothing it doesn't.
Four service areas, in the order most clients need them. Start with the accounting and tax, add advisory when the decisions get bigger.
Books kept current in the cloud, corporate and personal filings done on time, and tax planned through the year rather than discovered in April. This is the foundation everything else sits on.
- Bookkeeping and cloud accounting
- Corporate tax (T2)
- Owner and family personal tax (T1)
- HST, payroll and T4/T5 filings
- Year-round tax planning
- CRA correspondence handled
When the next move needs a number behind it: a location, a purchase, a partner, a sale. We build the plan and the model, state the assumptions plainly, and stand behind the analysis when someone questions it.
- Business plans
- Financial projections and models
- Cash-flow forecasting
- Budgets and management reporting
- Capital expenditure analysis
- Fractional CFO support
Fractional CFO: senior financial oversight on a monthly retainer for businesses that need the function without the full-time hire. Detailed below.
Year-end financial statements compiled to CSRS 4200, with a compilation report, for corporations that need statements prepared by a CPA for their tax filing, shareholders or an outside reader.
- Annual compiled financial statements
- Notes to the financial statements
- Bundled with corporate year-end
- Multi-entity and holdco statements
Reviewed financial statements under CSRE 2400 for businesses and not-for-profits whose lenders, boards or funders want more than a compilation. Scheduled early, so the report is ready when it is needed.
- Review engagements (CSRE 2400)
- Not-for-profit reviews
- Financial reporting support
- Audit engagements on request
Who we work with
Owners who are building something bigger.
Small and mid-sized businesses in the middle of scaling: adding staff, opening locations, buying property, taking on partners or preparing to sell. The common thread is ambition and the need for numbers that keep up with it, so the wealth built inside the business actually reaches the people who built it.
Advisory
When the next move needs a number behind it.
Expanding, buying equipment or property, acquiring a competitor, bringing in a partner, preparing to sell. Each one starts as a conversation and ends as a set of numbers someone else is going to scrutinise. We build that case with you, state what it assumes, and stay in the room for the questions that come back.
- Business plans
- Multi-year projections
- Cash-flow and covenant forecasting
- Capital expenditure analysis
- Acquisition and sale support
- Board and stakeholder reporting
CFO
Fractional CFO
Monthly reporting, KPIs, forecasting and finance-function oversight from a senior CPA on retainer. For businesses past the point where the bookkeeper can answer the question, and before the point where a full-time CFO makes sense.
Projection vs. actual
IllustrativeIllustrative only. Your projections are built from your own numbers.
MD LaunchTM, powered by Lumos
Physicians are served through MD LaunchTM.
Incorporated physicians have a distinct set of tax and planning questions, so they get a distinct service line. Same CPAs, specializing in medical professional corporations, with monthly plans built around a busy practice.
How we work
Modern systems. Straightforward advice.
01/04
Four stages, in order. Scroll to follow the sequence.
2Organize
Put reliable processes in place
Cloud accounting, clear responsibilities and a reporting rhythm that produces the same answer every month.
3Deliver
Handle the recurring work accurately
Accounting, tax and reporting completed on time, so nothing arrives as a surprise.
4Advise
Turn the numbers into decisions
Practical guidance on the choices ahead, grounded in figures you already trust.
About Lumos
Big-firm discipline, built for owner-managed businesses.
Lumos CPA Professional Corporation is a virtual accounting firm serving businesses across Canada. It is led and managed by experienced CPAs and industry specialists with more than fifteen years in practice, including years inside a national firm. We took the discipline and left the overhead.
QuickBooks OnlineXeroSecure document exchangeVideo meetings
- Proactive by design
- Tax is planned through the year. You hear from us before the deadline, not after it.
- Senior people on your file
- The work is done and reviewed by experienced CPAs, not handed down a ladder.
- A named point of contact
- One person who knows your business, replies within one business day, and schedules the review instead of waiting for you to ask.
- Professional standards
- A CPA Professional Corporation, operating under the rules of professional conduct that apply to Chartered Professional Accountants.
Start a conversation
Let's build a clearer financial future for your business.
Tell us about your organization, the support you need and where you want to go next. We reply within one business day.
Book a meeting
Pick a time that suits you.
A 20-minute conversation about where things stand and what you need. No obligation.
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