Industries

Technology Accounting

Whether your business is in its early stages or you’re looking to exit, our team at Welch delivers full technology industry lifecycle support for all things financial, accounting and tax.

As an innovative tech company, it is imperative that you have the international reach that will propel your business forward. Welch is a member of BKR International, which gives us access to extensive resources and professional expertise to help our clients do business around the world. This enables us to remain a regional firm, dedicated to our local business community, while giving us a global reach to help you with any cross border or international business issues you may be facing.

What We Do

Assurance and Accounting

  • Audits, review engagements, notice to reader/compilations
  • Public and private company audits
  • US GAAP and IFRS
  • Financial forecasting and advisory

Tax

  • Corporate tax
  • Strategic tax diagnostic and planning
  • Transactional planning
  • Capital/GST and HST/QST, VAT, payroll taxes
  • US tax, cross border, state and local tax
  • International tax planning
  • Expatriate tax – personal tax for non-residents working abroad
  • Shareholder tax planning, trust and estates, personal tax for business owner

Back Office Services

  • Cloud bookkeeping with Elevate by Welch LLP
  • Bookkeeping and payroll services tailored to your needs
  • Prep of income tax, HST returns and other regulatory filings
  • Design, implement and prepare Management Reports
  • Investor and bank reporting
  • Support with banking, financing and investor relationships
  • Financial forecasts, planning and budgeting

SR&ED and Other Tax Credits

  • SR&ED – software, manufacturing, hardware, hi-tech, semi-conductor, medical devices, shop floor and telecommunications
  • Other – Multimedia (federal and provincial), apprenticeship, sustainability and more
  • OIDMTC – Ontario Interactive Digital Media Tax Credit

Business Advisory

  • Support with corporate transactions (private financing, buy and sell, M&A, public financing)
  • Implications of third-party investments

Internal Control Advisory and IPO Readiness and Support

  • Internal control advisory (SOX, 52-109, etc.)
  • Temporary staff assignment
  • Accounting conversion support
  • Financial statement and external audit preparation support
  • Corporate governance (audit committee charters)

OUR CLIENTS

“As the President of Hobbiesville, our experience with Welch during the review engagement has been highly positive. We needed a thorough assessment of our financial statements to ensure accuracy and compliance, and Welch was recommended for their expertise in this area. Their team approached the engagement with professionalism and attention to detail, providing us with valuable insights that enhanced our financial reporting. The outcome not only strengthened our financial position but also built our confidence in our accounting practices. We appreciate Welch’s ongoing support and guidance, which has been instrumental in our continued growth.”

Edmond Georges, President, Hobbiesville

“Welch has been supporting Capital Angel Network since inception in 2010 in the capacity of our finance team, and as Corporate Members. The team genuinely believes in and is 100% there for founders in the National Capital Region, making frequent introductions to companies ready for angel investment.”

Suzanne Grant, Executive Director, Capital Angel Network

“The Welch team has been an incredible partner supporting our team with our annual tax filings and SR&ED claims. They are very quick to respond to our needs, and always willing to take the time to explain all the angles we can tackle the filing from.”

Inara Lalani, Co-Founder & CEO, FemTherapeutics

“As the Interim CFO of Martello Technologies, a publicly traded company, I have had the opportunity of working with Welch LLP as our financial statement auditors since 2023. Brad and Bryan, along with their team, bring strong foundation in technology sector, which has been of value to Martello. They have tailored efficient and high-quality audits that meet the needs of our company. One of the standout aspects of working with Welch LLP is the professionals they provide for our audits. The team is diligent, thorough, and effectively completes the audits within the agreed timelines. Overall, Welch LLP has proven to be a reliable and competent partner in our financial auditing needs, and I would recommend their assurance services to other companies.”

Nick Lungu, Interim CFO, Martello Technologies

“Brad and Bryan have provided us with invaluable guidance that extends beyond the scope of traditional auditing. Often, we find ourselves deeply immersed in the day-to-day management of our products, technology, and customer relations, and it's easy to overlook broader operational considerations. The team at Welch brings a wealth of experience from working with many similar companies in our sector, allowing them to offer insights into areas for improvement and potential pitfalls. Their advice has been particularly valuable to us, given that accounting is not our primary focus. Thanks to their guidance, we've been able to enhance our operational approach and financial systems significantly over the past three years of IFRS.”

Devashish Paul, CEO & Founder, BluWave-ai

“Welch LLP has been an invaluable partner in ensuring the ethical and legal integrity of our operations over the past three years. Their unwavering commitment to ensuring our compliance has provided us with peace of mind, especially this year. They have adeptly worked around our hectic schedule, going above and beyond to accommodate our needs. Their dedication is truly remarkable; they've managed to achieve what even the Big Four firms would find challenging. I am eternally grateful for their support and guidance. With Welch by our side, we feel confident in our ability to navigate the complexities of our industry while staying true to our values. I cannot recommend them highly enough to fellow startups seeking a reliable partner for their journey.”

Muhammad Zaheed, Vice President Finance, BluWave-ai

“Our Ottawa-based company had a “big-4” firm doing our annual audit for years, but they struggled to have continuity in their team from one year to the next. In fact, one year they even had to “import” a couple of people from the Halifax office. Wow, what a difference having switched to Welch LLP! There are always a couple of people working on the file that have been involved in previous year audit engagements. What’s great is that everybody involved is approachable and willing to share knowledge of emerging “IFRS” requirements. Welch definitely delivers “big firm” capability, all the while projecting a really nice “family firm” culture.”

Art Slaughter, CPA CA, CFA , CFO, C-COM Satellite Systems Inc.

ESTIMATE YOUR TAX CREDITS & REFUND

Scientific Research and Experimental Development (SR&ED)

Use Welch LLP’s SR&ED calculator to determine your potential SR&ED tax credit. Your business and bottom line will thank you.

Team Members

CPA, CA, LPA

Partner

Ottawa, Toronto

613-236-9191 #526

Partner

Ottawa

613-236-9191 #152

CPA,CA

Partner

Ottawa

613-236-9191 #149

Senior Manager

Ottawa

Senior Manager

Ottawa

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