Sabin Dhamala

Compilation Engagements

• Worked on various compilation engagements for professional corporations, farming businesses, logging companies, and manufacturing firms.
• Set up files according to Donne Grant Thornton standards, drafted engagement letters, and prepared PBC (Prepared by Client) letters.
• Collected, organized, and imported financial data from clients' Excel files, bank synoptics, bank statements, QBO, and Sage into CaseWare.
• Drafted adjusting entries to ensure accurate financial reporting.
• Reached out to clients regarding file-related questions and provided accurate and timely responses.
• Verified CRA balances, ensuring that GST, payroll, and corporate tax balances matched records.
• Prepared and filed GST returns for clients.
• Completed compilation checklists and prepared client letters, including minute letters and management acknowledgment letters.
• Collaborated with the client engagement team, building strong relationships with clients.

T2 Corporate Tax Returns

• Ensured GIFI codes were correctly imported.
• Completed the tax ID section and related questions.
• Filled out all required schedules and cleared diagnostics for accurate filing.
• Recorded corporate tax returns accurately and efficiently.

Review Engagements

• Prepared financial statements for review engagements, ensuring compliance with accounting standards. Conducted analytical procedures, inquiries, and discussions to assess financial information.
• Evaluated materiality thresholds, identified and investigated variances, and ensured proper disclosure requirements were met for an accurate and efficient review process.

Individual Tax Filing Trust Returns

• Prepared individual tax returns, ensuring accuracy and compliance with tax regulations.
• Worked with clients having various income sources, including employment income, retirement income, professional income, business income, and rental income, along with couples and dependents.
• Filed GST returns for applicable individuals and businesses by accurately reporting revenues, expenses, and applicable deductions to optimize tax outcomes.
• Helped clients, including individuals, couples, and families with dependents, understand their tax filings, deductions, and compliance requirements by providing clear and timely guidance.
• Properly formatted documents in the standard format to ensure smooth and efficient review by the reviewer.

Trust Returns (T3)

• Worked on testamentary trusts, inter vivos trusts, and family trusts.
• Accurately reported income, allocated distributions to beneficiaries, completed required schedules, and ensured proper tax treatment of trust income and distributions in compliance with tax regulations.
• Reviewed trust documents, including Trust Deeds, Wills, and Beneficiary Statements, to accurately complete T3 returns.
• Extracted and reported key information such as settlor, trustee, and beneficiary details in 2023 for Schedule 15, ensuring compliance with tax regulations and proper trust administration.

Not for profits

• Worked on not-for-profit organizations, preparing Statements of Financial Position in accordance with Accounting Standards for Not-for-Profit Organizations (ASNPO).
• Ensured accurate financial reporting and compliance with relevant accounting standards.