Indigenous Business & Community Services
Welch specializes in providing accounting, assurance, and tax solutions tailored to the unique needs of First Nations, Inuit, and Métis communities, businesses, and individuals. Our work is rooted in trusted, long-term relationships and continually deepening our understanding of Indigenous governance, funding structures, and reporting requirements—delivered with respect for the social, cultural, and economic contexts in which our clients operate.
At Welch, we are committed to developing long-term, mutually beneficial relationships with our Indigenous clientele—relationships where we grow together. Guided by our core values of impact, care, and empower, we strive to align our business practices with the principles of reconciliation, including Call to Action 92 of the Truth and Reconciliation Commission of Canada. For Welch, this means fostering respectful partnerships, educating our people on the history and lived experiences of Indigenous peoples in Canada, and ensuring our services support Indigenous governance, self-determination, and cultural values. We are continually working to further expand our understanding and evolve our practices to better serve Indigenous communities and contribute meaningfully to reconciliation.
What We Do
- Audits, reviews and compilation engagements for Indigenous-led not-for-profit organizations and other Indigenous controlled businesses
- Audits of First Nations
- Review Engagement of Schedules of Salaries and Honoraria – for Chief and Council and for Elected Officials
- Audits and Reviews of Schedules of Revenues and Expenditures as required by specific funders
- Contribution Audits to ensure compliance with underlying funding agreements
- Agreed-Upon Procedure Engagements based on other specific needs
- Preparation of income tax returns (T2 corporate tax returns, T1044 NPO information returns, T3010 Registered Charity Information Returns) and rebate applications
- Sales Tax (GST/HST/PST/QST) compliance and optimization
- Ontario First Nations PST rebate
- Employment income exemptions under Section 87 of the Indian Act
- Tax planning and organizational restructuring
- Land settlement trust planning
- Financial policy reviews
- Governance reviews
- Cloud bookkeeping and back office support with Elevate by Welch LLP
- Financial statement and external audit preparation support
- Training and capacity building
- Federal procurement for Indigenous businesses
Team Members
Related Resources
Welch LLP Annual Accounting and Tax Technical Update for Private Enterprises 2024
October 09, 2024 – Gain insight for the year ahead. Our virtual Private Enterprise Accounting & Tax Update webinar will take place on October 9th at 10am.
New Clean Technology Investment Tax Credit
September 12, 2024 – The CTITC is a refundable tax credit available to taxpayers that make eligible investments in clean technology property that become available for use between March 28, 2023 and December 31, 2025. The credit varies depending on a variety of factors described below but can equate to as much as 30% of the cost of qualifying assets.
Private Enterprise Accounting and Tax Update 2022
October 06, 2022 – Gain insight for the year ahead with our Virtual Annual Private Enterprise Accounting & Tax Update Webinar.
Technology Risk Management – Our Welch Risk Advisory Team can help
May 04, 2021 – Over the last decade, the reduced cost and ‘ease of use’ of technology has led small and medium business and organizations to make incremental or radical changes to the way they do business. Senior management is becoming more familiar and experienced with both the opportunities and dangers present in the ever-changing world of technology.
9 Reasons to hire a Cloud-Bookkeeper Today
April 26, 2021 – Today, remote bookkeeping and cloud-based services has made it easier than ever to work with expert professionals no matter your location. Here are 9 reasons to begin working with a professional Elevate cloud-bookkeeper:
Are You Ready To Talk Our Indigenous Business & Community Specialist?
Get in touch, tell us your needs and we’ll assign an industry specialist to your organization.
