Built for Canadian businesses

A Full Suite of Depreciation Services Designed for Deliberate Financial Planning

I once described depreciation planning to a client as the financial equivalent of reading the footnotes — most people skip them, but the meaning often lives there. This services page exists to lay out, plainly and specifically, what our team does and how each service connects to the broader goal of treating asset schedules as a planning tool rather than a compliance obligation. Every service described here is available individually or as part of an ongoing advisory relationship, depending on where a business stands and what it actually needs.

Multi-year planning horizon across all services

Honest scope defined before engagement begins

Canadian CCA framework specialists

Start a conversation Our approach

What we offer

Depreciation Services Designed Around the Decisions That Actually Matter

Each service here was developed in response to a recurring pattern we observed in Canadian business depreciation files — a missed election, a misclassified asset, a disposal that produced an unexpected income inclusion, a schedule that had not been revisited since the business looked quite different. The services are distinct, but they share a common orientation: they begin with the asset and the business's actual financial circumstances, not with a standard template applied uniformly across every file. We work with businesses across manufacturing, commercial real estate, professional services, and technology, and the approach is adapted to each sector's particular asset composition and planning challenges.

Depreciation Schedule Design and Review

Foundation planning service: The depreciation schedule is the document that everything else builds from — and it is also the document most likely to contain quiet errors that compound over time without attracting attention until a transaction forces a review. Our schedule design and review service begins with a systematic audit of every depreciable asset class currently in use: the CCA class assigned at acquisition, the elections made, the half-year rule treatment applied, and the current undepreciated capital cost balance in each pool. We check those assignments against the asset's actual character and the regulations applicable at the time of acquisition. Where we find misclassifications or missed immediate expensing opportunities, we identify the options available for correction or adjustment going forward. The output is a structured depreciation schedule that reflects the business as it actually is today, with clear documentation of the reasoning behind each class assignment, ready to be maintained accurately in subsequent years without requiring a reconstruction of the history each time the file is opened.

CCA class verification and misclassification correction
UCC pool balance reconciliation and documentation
Immediate expensing eligibility assessment

Asset Disposal and Recapture Planning

Pre-transaction advisory service: Recapture income is the tax consequence that most consistently surprises business owners who have claimed accelerated CCA deductions without modeling the eventual disposal. When an asset is sold for proceeds exceeding the undepreciated capital cost remaining in its class pool, the difference is brought into income as ordinary business income — taxed at full rates, not capital gains rates — in the year of disposal. The businesses most affected are those with capital-intensive asset portfolios that have benefited from early-year acceleration and never revisited the UCC balance in light of current fair market values. Our disposal and recapture planning service addresses that gap by working through the current UCC pool composition, modeling recapture exposure under a range of disposal price scenarios, and identifying the structural options available to reduce or defer the income inclusion before the transaction closes. The planning is most valuable when it begins well in advance of the intended sale — a full fiscal year, where possible — while the business still retains meaningful choices about timing, asset pool composition, and transaction structure. We also identify terminal loss opportunities where a class pool has a positive UCC balance after all assets in that class have been disposed of, ensuring that available deductions are not overlooked in the year a class is closed out.

Recapture exposure modeled before transaction closes
Terminal loss identification on pool closure
Disposal timing and structure review

Cost Segregation and Component Analysis

Complex asset classification service: Cost segregation — the detailed component-level analysis of a complex asset acquisition — is most commonly associated with commercial real estate, but the underlying principle applies to any large capital expenditure where a single acquisition encompasses components with meaningfully different economic lives and CCA class treatments. A commercial building acquired as a single line item on a purchase agreement may contain components that qualify for Class 8, Class 10, or other shorter-recovery-period classes, rather than the four percent Class 1 rate that applies to the structure itself. Identifying those components at the point of acquisition — or through a retrospective analysis for assets already on the books — can meaningfully accelerate cost recovery on a significant share of the acquisition cost. Our component analysis service involves a careful review of the acquisition documents, construction specifications, and asset descriptions to identify components eligible for reclassification, followed by a structured reclassification report that documents the basis for each assignment with the specificity required to support the treatment on the return. We work with the business's existing accountants to ensure the reclassification is implemented accurately and maintained consistently in subsequent years, so the planning value is not eroded by inconsistent treatment going forward.

Component identification within complex acquisitions
CCA class reclassification with documented basis
Coordination with existing accounting team

How Our Service Delivery Is Structured Across Every Engagement

Every client engagement follows a consistent internal framework — from initial asset audit through multi-year plan design to ongoing review — adapted to the specific asset composition and planning horizon of each business we work with.

How Our Service Delivery Is Structured Across Every Engagement
Service feature	What it means in practice	Business benefit
Proprietary Asset Audit Methodology	Our three-phase asset audit — inventory, classification verification, and pool reconciliation — was developed through years of reviewing files across multiple industries and CCA class compositions. It is designed to surface the specific patterns of error that appear most consistently in Canadian business depreciation files, including class misassignments, missed elections, and UCC balance discrepancies that have accumulated quietly over multiple filing years.	Errors caught early Clean historical record Reliable baseline
IRS-Aligned and CRA-Compliant Reporting	Every depreciation schedule, reclassification report, and disposal analysis we produce is documented with the specificity required to support the treatment on the return under CRA examination. We do not rely on summary-level descriptions that leave classification decisions open to interpretation. Each asset category is supported by a clear statement of the regulatory basis for its treatment, so that the file holds up under scrutiny without requiring reconstruction.	Audit-ready documentation Clear regulatory basis Defensible positions
Multi-Year Tax Modeling	The most useful depreciation planning extends beyond the current filing year to model how today's elections affect the business's tax position across the full planning horizon. Our multi-year modeling service projects CCA deductions, UCC pool balances, and recapture exposure under a range of scenarios — different acquisition timings, disposal prices, and election choices — so that the business can make current-year decisions with a clear view of their medium-term consequences rather than optimizing one year at the expense of the next.	Forward-looking decisions Scenario comparison Reduced year-end surprises
Real-Time Depreciation Dashboards	For clients in ongoing advisory relationships, we maintain a live view of each asset class pool — current UCC balances, year-to-date CCA claims, recapture exposure under current market values, and upcoming decisions that warrant attention before the fiscal year closes. This dashboard is updated as new acquisitions and disposals are recorded, so the business always has an accurate picture of its depreciation position rather than discovering it only when the return is being prepared.	Always-current balances Proactive alerts Informed timing decisions
Industry-Specific Sector Expertise	Depreciation planning looks different in manufacturing than it does in commercial real estate or technology services — the asset classes are different, the acquisition patterns are different, and the disposal risks are different. Our team has worked extensively across each of these sectors and brings familiarity with the specific classification questions and planning opportunities that arise most frequently in each. That sector knowledge reduces the time spent establishing context and increases the precision of the analysis from the outset of each engagement.	Relevant industry context Faster accurate analysis Sector-specific planning

Specialist Firm vs. Generalist Accounting

Features	Bimomsiatcado	Generalist accounting
Dedicated depreciation focus
Pre-disposal recapture modeling
Component-level cost segregation
Multi-year tax position modeling
Proactive mid-year asset review
CCA audit-ready documentation
Named lead advisor continuity
Transparent scope before engagement

Service Questions Answered

Which businesses benefit most from these services?

Businesses with meaningful capital asset portfolios — manufacturing operations, commercial property holders, technology firms with significant equipment — benefit most, particularly those that have never subjected their CCA class assignments to a detailed review since the file was first established.

How long does an initial asset audit take?

A typical initial audit runs two to four weeks, depending on the complexity of the asset portfolio and the completeness of the existing records. Businesses with well-maintained depreciation files move through the audit phase more quickly and reach the strategy design stage with less reconstruction required.

Do you work alongside our existing accountant?

Yes — and we prefer it that way. Our role is to bring specialized depreciation depth to the file; the existing accountant handles the broader filing relationship. We coordinate with your accountant directly to ensure that the depreciation schedule is implemented accurately and that any reclassification decisions are documented clearly for the return.

What does an ongoing advisory relationship involve?

Ongoing engagements typically include an annual depreciation review aligned with the fiscal year-end, mid-year check-ins when significant acquisitions or disposals are planned, and access to a named lead advisor who maintains familiarity with your specific asset portfolio and planning history across the relationship.

Can you review depreciation schedules that were set up years ago?

Yes — retrospective reviews are among the most common engagements we undertake. Files established several years ago often contain classification decisions that have never been tested against the current regulations or the business's changed circumstances. We approach those reviews methodically, working from the original acquisition records forward to the current UCC balances.

What should we prepare before the first consultation?

The most useful starting materials are a list of depreciable assets currently held with original acquisition dates and purchase costs, the CCA classes assigned at acquisition, UCC pool balances from the most recent filed return, and any planned acquisitions or disposals anticipated in the coming fiscal year. Incomplete records are not a barrier — we can work with what is available.

Ready to Plan Your Asset Strategy

Start with a review

The most productive first step is a structured review of your current depreciation position — asset classes, UCC balances, and elections made to date. That review tells us both what has been working and where the most useful adjustments can be made before the next return is filed. We begin every engagement there, without exception, because the planning value depends entirely on an accurate understanding of where the file actually stands today.

Bring a specific question

Many of our most productive engagements begin not with a full audit but with a single, specific question — a disposal that is coming up, an acquisition that raises classification uncertainty, or a year-end number that did not look quite right. If you have a particular depreciation question that has been sitting unanswered, that is a perfectly reasonable starting point for an initial conversation with our team.

Plan before you acquire

The most valuable timing for depreciation planning is before a significant asset acquisition is finalized, when the classification decision, election options, and fiscal year positioning can still be considered carefully. We are glad to work through the depreciation implications of a planned purchase before the transaction closes, so the treatment is deliberate from the outset rather than decided under time pressure at year-end.

Think three to five years ahead

If your business is in a period of active growth — acquiring assets, expanding operations, or considering a restructuring — the depreciation implications of those decisions compound across years in ways that are worth understanding now. A multi-year modeling engagement gives you a clear picture of how current choices will shape your tax position and asset management flexibility across the full planning horizon.

Talk to us