CRA COMPLIANCE
Technical compliance and reconciliation.
Specializing in the technical defense and reconciliation of production key source documents under review by the Canada Revenue Agency. We step into high-stakes audit environments to ensure compliance.
CRA AUDIT COMPLIANCE & REGULATORY STRATEGY
Accounting-to-Audit Transition & Representation
DeliSeamlessly bridging post-production accounting wrap into formal regulatory review. Serving as primary technical representative before the Canada Revenue Agency (CRA) and provincial authorities throughout the formal audit lifecycle.
Key Source Document Compliance
Rigorously auditing, reconciling, and defending underlying primary records—including deal memos, bank proofs of payment, corporate residency documentation, and vendor contracts under review.
Factual Reconciliation & Allocation Compliance
Navigating auditor inquiries to resolve structural ledger discrepancies, defending legitimate qualified expenditures based on supported evidentiary records to mitigate disallowances.
EVIDENTIARY SCOPE & ADVISORY BOUNDARY
“Audit compliance and tax credit stability depend fundamentally on the completeness, authenticity, and accuracy of primary production records provided. While we deploy rigorous oversight to identify and resolve structural discrepancies, advisory execution is governed by underlying factual documentation and final statutory agency review.”
READY TO INITIATE AN ENGAGEMENT?
For production tax credit, accounting, audit infrastructure or regulatory defense inquiries, contact SIX EIGHT SIX Advisory directly.
Frequently Asked Questions
How does SIX EIGHT SIX Advisory support a film or television production during a CRA audit?
1
SIX EIGHT SIX Advisory provides technical support throughout the formal audit lifecycle, bridging post-production accounting records into regulatory review. This includes organizing financial documentation, reconciling production ledgers, addressing auditor inquiries and serving as a technical representative before the Canada Revenue Agency and applicable provincial authorities.
What production documents may need to be reviewed during a CRA tax credit audit?
2
Production tax credit reviews can involve detailed examination of key source documents and supporting financial records. SIX EIGHT SIX Advisory works with underlying records including deal memos, bank proofs of payment, corporate residency documentation, vendor contracts and related production accounting records to establish clear evidentiary support for amounts under review.
How does SIX EIGHT SIX Advisory address ledger discrepancies identified during a CRA audit?
3
SIX EIGHT SIX Advisory performs factual reconciliation between production accounting records, source documentation and expenditures under review. Structural ledger discrepancies are identified and reconciled using the available evidentiary records, creating a clear factual basis for responding to auditor inquiries and supporting legitimate qualified expenditure allocations.
How does SIX EIGHT SIX Advisory help defend qualified expenditures during a CRA production tax credit audit?
4
SIX EIGHT SIX Advisory connects claimed qualified expenditures with the underlying accounting records and supporting source documentation. Through detailed reconciliation and allocation analysis, the firm provides technical support for legitimate expenditures under review and works to address discrepancies that could otherwise contribute to potential disallowances.