Awerix CPA Professional Corporation

Credit Unions

Credit unions must precariously balance many different and competing interests. Members expect to receive a better return on their money than they can get from banks, which is difficult when interest rates are so low. At the same time, credit unions must prove to prospective new members that they can provide services of the same or better quality than a bank, despite greatly reduced economies of scale. Competition is fierce and constantly growing, especially as new sources of financing continue to emerge in our increasingly globalized, technologically-connected world. Credit unions must constantly innovate to not only meet the challenge presented by technological innovations but also by regulatory developments requiring compliances. Our goal is to help our clients face these challenges by keeping up to date with the latest possible information.

Here are just some of the services we can provide for you:

  • Assurance services (audit, review, and compilation)
  • Tax services (T2s, T4s, T5s, payroll remittances and corporate tax instalments)
  • Valuation (fair market value of fixed assets, financial instruments, etc.)
  • Other consulting services