Paraklētos is the Greek word for helper. One who is called alongside to help.
WE ARE THE PARAKLETOS FOR
YOUR FINANCIAL MATTERS
ABOUT US
Specialist in:
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Compliance Audit
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Financial & Fraud Investigation
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Regulatory Complaint Filing
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Review of Specific Financial Issue
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Compliance Investigation
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Compliance Report Preparation
Parakletos specializes in financial compliance and oversight services.
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These services are typically not the primary practice areas of traditional public accounting firms – this is where we come in as the specialists in the financial compliance and oversight field.
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Our core services are compliance audit and financial investigation. We also assist with compliance report preparation and regulatory complaint filing, as well as other types of financial compliance and oversight engagements.
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Our services are often an alternative option or complementary service to traditional financial engagements such as financial statement audits or reviews.
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We work with both organization and individual clients across Canada.
Contact us for an obligation-free discussion of how Parakletos can support your specific financial compliance and oversight goals. We can be reached at: ParakletosCPA@ProtonMail.com
OUR SERVICES
financial issue review
(Periodic or Ad-hoc)
Do you have a specific financial issue or individual financial account that you would like us to look into without performing a full-scope audit? Do you have a financial report or financial document that you would like us to review?
We offer financial review services on a regular periodic basis (Ex. monthly, quarterly) or one time ad-hoc basis.
Examples of financial issue or financial account that we review:
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Cash flow shortage
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Variances between Budget vs Actual amounts
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Unknown or unusual expenditures
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Variances between Accrual vs Cash basis accounting
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Etc.
Examples of financial report or financial document that we review:
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General ledger
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Budget
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Billing report
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Cash flow report
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Bank statements
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Etc.
Compliance Audit
(For Auditor or Auditee)
Compliance Audits are different from Financial Statement Audits and Internal Audits. Different types of audit require different audit methodology and auditing approach.
We are the specialists in the field of Compliance Audits.
Our range of compliance auditing services include the evaluation of the following:
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Contract and agreement compliance
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Internal policies compliance
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Regulatory standards compliance
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Grant funding requirements compliance
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Service delivery requirements compliance
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Financial, operational, administrative requirements compliance
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Etc.
Alternatively, are you selected as an Auditee for a Compliance Audit? Consider hiring a Compliance Audit Specialist such as the Parakletos to handle the entire audit process on your behalf from the beginning to the end. You focus on doing what you do best, and let us take care of what we do best.
Financial & Compliance Investigation
The goal of our investigation approach is to produce accurate and independent investigation findings that are substantiated by sufficient factual supporting evidence, and are therefore not easily overturned by opposing challenges.
In comparison to our Audit services that are more broad in scope covering a range of different areas, our Investigation services are more depth-focused digging into a specific area that you would like us to investigate. It is also not uncommon for an Audit to trigger a subsequent follow-up Investigation into specific areas of concern discovered during the broad-scope Audit.
Examples of financial and compliance issues that we investigate:
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Financial anomalies
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Unusual financial transactions
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Suspected fraud
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Missing money
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Breach of contractual requirements
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Breach of internal policies or external standards
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Etc.
rEGULATORY Complaint Filing
(For Complainant or Regulator)
Do you have a complaint matter that you would like to report to the regulator? Are you a victim of a scam, fraud scheme, or policy breach that you are seeking justice and support from the regulator?
Our regulatory complaint service can assist you with preparing and filing a complaint report to the appropriate regulatory agency. You can either engage us to assist with a specific component of the complaint case or just take on the entire complaint case from the beginning to the end.
Our complaint preparation and filing approach includes the following components:
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Collect and compile relevant supporting evidence
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Conduct research into regulatory standards that are potentially in breach
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Discuss with relevant parties and witnesses to obtain necessary information
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Write, prepare, and file a complaint report with the appropriate regulatory agency
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Respond to inquiries and requests for information from the regulatory agency
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Meet with regulatory agency to discuss the complaint case alongside you or on your behalf
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Etc.
Alternatively, are you a Regulatory Agency looking for support to review and process the high volume of complaint filings that you have received? Parakletos is well-versed with the regulatory complaint review & investigation process and can provide regular or ad-hoc support or backfill to your complaint review team.
cOMPLIANCE Report Preparation
(For Regulatee or Regulator)
Are you required to file grant or contract funding compliance reports to funding agencies or government to report your use of funds? Are you required to report your compliance status, financial or operational performance, or adherence to administrative requirements to the regulatory agencies on a periodic basis?
We can prepare and file these compliance reports for you on a regular periodic basis (Ex. annual, monthly, quarterly) or one time ad-hoc basis.
Let us handle and take care of the report preparation and administrative paperwork for you, so that you can focus on your core operations and doing what you do best.
Types of compliance reports that we prepare and file include the following:
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Compliance reports
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Financial or Operational performance reports
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Service delivery reports
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Funding utilization reports
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Expenditures reports
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Administrative requirements compliance reports
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Etc.
Alternatively, are you a Regulatory Agency looking for support to review and process the high volume of compliance reports that you have received? Parakletos is well-versed with the compliance report collection & review process at regulatory agencies and can provide regular or ad-hoc support or backfill to your report review team.
OTHER FINANCIAL SERVICES
(Periodic or Ad-hoc)
Other financial services or special financial projects that we perform include the following:
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Financial consulting
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Financial litigation support
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Financial dispute support
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Forensic accounting
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Summary & organization of financial data
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Preparation of financial report
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Preparation of financial schedule, exhibit, or appendix
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Financial statement analysis
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Preparation of notes to financial statements
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Research into accounting standards or regulatory standards
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Preparation of accounting memo
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Risk assessment
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Internal control testing and walkthrough
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Backfill for a financial position
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Temporary financial assignment
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Special financial project
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Setting up new audit or financial oversight department
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Develop new audit program or working paper templates
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Etc.
We are always open to new challenges and opportunities to work on non-traditional financial engagements. Contact us for an obligation-free discussion of how Parakletos can support your specific financial needs.
Contact us at: ParakletosCPA@ProtonMail.com
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