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Accounting Services for Small Businesses in Canada

Accounting and
Financial Advisory

Vistance is:

Your financial statements tell a story. Let us help you write your epic.

As seen on
Accounting Services for Small Businesses in Canada

Accounting and
Financial Advisory

What are you looking for?

ACCOUNTING SERVICES

Stay organized with accurate,
up-to-date books that give you a clear picture of your business finances.

Smart, proactive tax planning and filing to minimize surprises and maximize savings for your business.

Maximize profits and cash flow with part-time financial oversight – budgeting, reporting, cost savings, and investor-ready statements. Grant subsidy identification and advisory.

Expert financial strategy, forecasting, and insights – without the full-time cost. Get clarity and confidence to grow your business.

Winner, SMALL BUSINESS OF THE YEAR & Finalist for three Canada SME National Business Awards in 2024

Winner, SMALL BUSINESS OF THE YEAR
Canadian SME National Business Awards

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Small Business of the Year - Accounting
Vistance Customer Service Excellence Nominee 2024

Vistance ACCOUNTING in the Press

‘Really scalable’: Franchise Industry Players Share What it Takes to Succeed

‘Really scalable’: Franchise Industry Players Share What it Takes to Succeed

In a feature by BNN Bloomberg, industry leaders explore what it truly takes to succeed in franchising, highlighting both the scalability and the discipline required to grow. Daryl Ching of Vistance Accounting is featured in the article, contributing his perspective, noting that franchising is fundamentally similar to buying a business; requiring the same level of financial oversight, strategic thinking, and operational execution to achieve long-term success.
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Why Mark Carney must go to India (and other countries that are not the U.S.)

Why Mark Carney must go to India (and other countries that are not the U.S.)

Daryl Ching authored an op-ed in The Globe and Mail examining how optionality strengthens negotiating leverage in both business transactions and international trade. Drawing on his experience advising Canadian entrepreneurs on mergers, acquisitions, and strategic growth decisions, Ching explains how diversification and credible alternatives can influence negotiation outcomes and improve long-term positioning. The article highlights key principles of negotiation strategy and leadership relevant to founders, executives, and growing Canadian businesses.
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This job is a North American symbol. It looks different now.

This job is a North American symbol. It looks different now.

The Washington Post just published a fun comic about Daryl Ching, and the summer job that changed his life: 🚪 door-to-door sales. It wasn’t glamorous. At 18, Daryl pushed around a cart full of useless products no one wanted. He faced one thing more than anything else: rejection. Every single day, rejection after rejection; sometimes very rude and vulgar. But this isn’t a story about sales. It’s a story about resilience. That summer job turned out to be the most valuable work experience of his life, not because of what he sold (though he did sell a lot), but because of what he learned. The door to door sales job drastically shifted his mindset, and was instrumental in building the kind of courage and confidence that shapes entrepreneurs and leaders. As Daryl puts it, those lessons still guide how he runs his business today.
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How Carney Can Regain Confidence of Small Business Owners

How Carney Can Regain Confidence of Small Business Owners

How can Mark Carney regain the confidence of Canadian small business owners? Wealth Professional Canada Magazine explores this pressing question, and who better to weigh in on this than Daryl Ching? In the article, Daryl offers his insight into the economic challenges small businesses are facing, and he assesses how Carney’s proposed policies stack up. Click the link below for a thoughtful analysis on what it will take to restore confidence in Canada’s entrepreneurial backbone.
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Five Things Small Businesses Are Focused on From a New Government

Five Things Small Businesses Are Focused on From a New Government

Today is election day in Canada. BNN Bloomberg TV is covering the election from many angles, but when it comes to the subject matter of how this election will affect small businesses, who better to talk about this than Daryl Ching? He sits down with Andy Bell and breaks down the 5 things small businesses are focused on, from a new government and gives his 2 cents on which party is more likely to deliver in each of the 5 things.
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Trump’s New Attacks Sounding Wake-Up Call For Canada: Expert

Trump’s New Attacks Sounding Wake-Up Call For Canada: Expert

With Trump implementing 50% tariffs for Canadian steel and aluminum, BNN Bloomberg TV called Daryl Ching back to the studio, to continue their previous discussion about the importance of opening free trade between provinces in Canada. It can no longer be assumed that Canadian companies have access to the US market. It is a matter of survival to ensure we have a borderless market in Canada if we want to avoid the catastrophe of mass business failure across the country.
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Are Premiers Finally Tackling Interprovincial Trade Barriers?

Are Premiers Finally Tackling Interprovincial Trade Barriers?

Trump's tariffs continues to be a huge concern for all Canadians, but Daryl Ching shows up as a guest on BNN Bloomberg's THE CLOSE to state his case that maybe in the long run...Trump's tariffs could be a blessing in disguise. His tariffs just may present a major opportunity for Canada: making our country an even better place to do business by eliminating interprovincial trade barriers. Trump has unintentionally sparked a wave of unprecedented patriotism, and Canadians are eager to buy Canadian. This could be better for Canada's economy than what we initially thought. Click the link for Daryl's commentary.
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Beware the Big Bucks From Venture Capital. They Aren’t For Every Startup

Beware the Big Bucks From Venture Capital. They Aren’t For Every Startup

For a startup, an institutional market of investors exists for companies that are looking to hit home runs, seeking explosive revenue growth and quick exits. However, the trade-off is often loss of control over the business. Daryl has written an opinion piece for the GLOBE AND MAIL, examining the collapse of Vancouver's Bench Accounting, which had raised more than US$100-million and serviced 11,000 small businesses. What went wrong? What lessons should we learn about the consequences of taking large equity investments from institutional investors, whose goals are misaligned with the founder’s vision. This article is a cautionary tale about the hidden risks of institutional funding and, more importantly, how companies can protect themselves.
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Why Capital Gains Tax Changes Could Deter New Businesses

Why Capital Gains Tax Changes Could Deter New Businesses

Daryl Ching is the special guest on THE CLOSE on BNN BLOOMBERG TV, to provide his insight on the changes to capital gains tax and how it could impact new businesses starting up.
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Impact of Prorogation on People and Businesses

Impact of Prorogation on People and Businesses

With the big news of Justin Trudeau stepping down, and Parliament shutting down until March 24, how will that affect individuals and businesses? BNN Bloomberg TV needed some answers, and they invited Daryl Ching as a guest on THE CLOSE to provide his insight on the situation.
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Prorogation Has Further Muddled the Capital-Gains Tax Hike. Ottawa Must Pause it

Prorogation Has Further Muddled the Capital-Gains Tax Hike. Ottawa Must Pause it

With Justin Trudeau announcing his resignation, and Parliament shutting down until March 24, what does this mean for small businesses, heading into tax season? Daryl Ching wrote an opinion piece for the Globe and Mail about the effects of Prorogation.
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GST Holiday to Create Headaches for Business

GST Holiday to Create Headaches for Business

Daryl Ching was a guest on THE CLOSE on BNN Bloomberg TV, where he's interviewed by Andrew Bell, to provide his insights on the GST Holiday and painted a picture of the impact it is likely to have on businesses across Canada.
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One Small Holiday for GST. One Big Headache for Businesses

One Small Holiday for GST. One Big Headache for Businesses

Daryl Ching of Vistance Capital shares his opinion with the The Globe and Mail about Justin Trudeau's half baked idea on the temporary two month GST/HST holiday ahead of the holiday season. It is likely the federal government did not consult businesses on this policy as turning off sales tax is not as easy as flicking a switch, especially if they have multiple product lines. Companies will be spending the next month figuring out how to implement this policy rather than focusing on their core business, and some may decide not to participate at all.
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Why Choose Vistance Accounting for Your Small Business?

Bookkeeper

  • Lower hourly rate, but often unable to handle complex transactions, ie:
    month-end adjusting entries, capital expenditures, inter-company transactions, FX, shareholder loans
  • May end up being more costly as an accountant will need to do adjustments

  • Not suitable if financials need to be presented to investors for financing

Typical Accounting Firms

  • Often only responsible for year-end financial statements and tax filings

  • Typically have higher overhead; therefore, handling day to day accounting not affordable for them because of their high-cost structure

  • Surprise fee hikes

  • Accounting professionals who have never worked in an operating business may lack business acumen

  • Usually not proactive

Vistance

  • Proactive accounting starts with understanding all your business goals

  • Assess your business and come up with a customized scope that’s optimal for your business, acting as a partner

  • Monthly review and presentation of financials with advice on how to improve

  • We provide cashflow planning

  • We alert our clients about grants and subsidies they may be eligible for

  • No surprise fee hikes

Testimonials

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