AccounTrust Business Services Inc.

AccounTrust Business Services Inc.
AccounTrust Business Services Inc.
Founder
Legal Suppliers

Avi Dahary, founder of AccounTrust Business Services Inc., a Toronto-area firm that provides accounting, income tax, controllership, bookkeeping and business-management services.

He graduated with a Bachelor of Arts in economics from York University in 1988. Mr. Dahary went on to earn his Registered Professional Accountant designation in accounting, taxation and auditing from the Society of Professional Accountants of Canada in 2004.

AccounTrust handles estate and trust accounting, taxation services and administration for law firms, trust companies, financial planners and advisors, and individual clients.

They advise estate and trust litigators and mediators with trustee disputes, powers of attorney and guardianship disputes.

In addition, AccounTrust provides corporate clients with monthly financial statement preparation, bookkeeping, controllership and government remittances, as well as the preparation of year-end working paper files, budgeting, cash-flow management and business planning.

Mr. Dahary has spent more than 20 years focused on estate and trust accounting for clients including attorneys, trustees and executors.

He has lectured and co-presented papers on estate and trust accounting, and estate and trust administration for the Law Society of Ontario, the Institute of Law Clerks of Ontario, the Institute of Advanced Financial Planners, and the Ontario Bar Association.

AccounTrust Business Services Inc. In The News
Top 10 tips for estate executors: Dahary

The position of estate executor is fraught with pitfalls, particularly for a person doing the job for the first time, says  Avi Dahary , founder of  AccounTrust. In ... Read more

Outsource estates financials, advises accountant

Unbiased estate and trust accounting for large estates, or those being disputed, should be handled by independent accountants rather than within law firms that don’t ... Read more

No such thing as materiality in estate accounts

While materiality is an important convention in accounting and auditing relating to the significance of an amount, transaction, or discrepancy, it has no real application in ... Read more

The position of executor: from cradle to grave – Part IV

By Avi Dahary The determination and discharging of debts and liabilities In part three of this series, I discussed identifying the assets that become part of the ... Read more

The position of executor: from cradle to grave – Part III

By Avi Dahary Taking inventory of estate assets In part two of this series, I explored the initial steps one needs to take when they are named an executor in a ... Read more

The position of executor: from cradle to grave – Part II

By Avi Dahary Fact gathering In part one of this series, I provided an introduction to the position of estate executor, including basic principles to follow and ... Read more

The position of executor: from cradle to grave

By Avi Dahary Part I – An introduction to the position This is the first of a 10-part series in which the position of estate executor is explored from the time an ... Read more

Drilling down on the deductibility of paid executor compensation

By Avi Dahary The uncertainty surrounding whether compensation paid to an estate executor is deductible and if so, how much of it is deductible, has meant that most tax ... Read more

Executors: Prepare for CRA’s due diligence on deceased’s real estate

By Avi Dahary Occasionally, an estate executor may be in a situation where a deceased’s estate includes a real estate property that consists of attached principal ... Read more

Attorneyship, guardianship accounts and separating between capital and revenue transactions

By Avi Dahary Periodically, I am asked to comment on attorneyship or guardianship accounts that were prepared by someone else for court-passing and in some cases the first ... Read more

Seeking legal counsel, fiduciary accountant shouldn’t be an afterthought

It’s important for those acting as a guardian or a trustee during litigation to seek both experienced legal advice and fiduciary accounting expertise at the outset before ... Read more

After the estate trustee is no longer accountable to the OCL

Although trustees are no longer legally compelled to submit estate accounts to the Office of the Children’s Lawyer after a beneficiary reaches 18 years of ... Read more

The case for preparing annual estate accounts

It’s prudent for executors and trustees to hire an expert to prepare the estate accounts and the trust tax return at the same time, says  Avi Dahary , founder of  ... Read more

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