General FAQ
1. What is Holistic Accounting?
Holistic accounting is an approach that goes beyond traditional financial accounting, integrating financial management with broader business goals, values, and practices. This includes considering the impact of financial decisions on various aspects of the business, such as sustainability, employee well-being, and community impact.
The numbers have a story. We help tell that story. And it’s YOUR story.
2. How does holistic accounting differ from traditional accounting?
Traditional accounting focuses primarily on financial transactions, compliance, and reporting. Holistic accounting encompasses a more comprehensive view of a business's financial health and its alignment with overall strategic goals and technology, including ethical practices, environmental sustainability, and social responsibility.
We are relationship based – YOUR success is OUR success!
3. What services do you offer?
We offer a range of services including:
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Comprehensive financial planning and analysis
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Sustainable business practices consulting
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Integration of social and environmental impact into financial strategies
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Tax planning and compliance
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Financial reporting
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Budgeting and forecasting
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Employee benefit planning
4. Who can benefit from Holistic Accounting?
Holistic accounting is beneficial for individuals, sole proprietors and micro corporations that are interested in aligning their financial management with their broader mission and values. It’s particularly valuable for companies focused on sustainability, social responsibility, and long-term strategic planning.
5. How do you incorporate sustainability into financial management?
We integrate sustainability into financial management by assessing the environmental and social impact of financial decisions. This includes evaluating the cost and benefits of sustainable practices, reporting on social responsibility metrics, and helping businesses implement green initiatives and ethical sourcing strategies.
6. What are the benefits of adopting a Holistic Accounting approach?
Benefits include improved alignment between financial practices and business values, enhanced strategic planning, better risk management, increased transparency, and the ability to attract like-minded clients and partners. It can also lead to cost savings through efficient resource use and improved employee morale.
7. How do you ensure the confidentiality of my financial information?
We take data security and confidentiality very seriously. All financial information is handled with the highest level of security and privacy. We use encrypted communication channels and secure storage methods to protect your sensitive data. We are in compliance with Canadian laws and regulations regarding the confidentiality and protection of financial information
8. How do I get started with your services?
Getting started is easy! Contact us via our website. We’ll discuss your business goals and challenges, and create a customized plan to integrate holistic accounting practices into your operations.
9. Can I receive support for implementing your recommendations?
Absolutely! We offer ongoing support to help you implement our recommendations effectively. This can include training for your team, follow-up consultations, and assistance with integrating new practices into your daily operations.
10. How do I authorize Rāja Accounting as a representative with the CRA?
If you're an individual or sole proprietor who hasn't yet registered your business, click here for step-by-step instructions.
If you're a registered business or corporation with the CRA, click here for step-by-step instructions.