Skip to main content Skip to search


Partner Spotlight: Alessandra Leggio

Partner – Forensic Accounting

Grewal Guyatt LLP

Richmond Hill, Ontario

Phone: (289) 809-1241


View More:

Alessandra Leggio is the forensic accounting partner at Grewal Guyatt LLP in Toronto, Canada. She started her career as a forensic accountant over ten years ago at EY in the Miami, Florida office and transferred to EY in Toronto prior to joining GG.


Read more

Where Did the Money Go?

You often hear cautionary tales of how money can bring out the worst in people. Whether it’s assets secretly being funneled from a business by a partner, shareholder, or employee, a child or trustee that misappropriated funds from an estate, or even a spouse that hid their income or assets, these stories are far from fiction.

If you ever find yourself in a similar situation, what should you do? The first step is to call a lawyer and consider involving the expertise of a forensic accountant.

Read more

The 2023 Federal and Ontario Budget Highlights

The 2023 Federal Budget (the “Budget”) was delivered on March 28, 2023, and the 2023 Ontario Budget was announced on March 23, 2023. This article provides our summary of some of the tax measures proposed in the two recently announced budgets. Stay tuned for future articles with a more in-depth analysis of some of the proposed changes.

Read more

Purchase Price Allocations – When Do You Need One and Why It Matters

If your company has just recently completed a business acquisition, the difference between the purchase price of the business and the net book value of the tangible assets acquired is just goodwill, right? Well, perhaps not. This is a common misconception when a business is acquired through the purchase of assets or shares.

Read more

Personal Tax Season is Here – Are You Ready to File Your Return?

Personal tax season has arrived, and it is time to get ready to file your 2022 tax return! To help better prepare for your personal tax filing, we have created a checklist that will assist you in gathering all necessary information. Please refer to our previous article, titled “2022 Personal Income Tax Filing Reminder and Questionnaire(click here).

In this article, we would like to remind you of the requirements related to your filing obligations and help you understand some of the new tax changes for 2022.

Read more

Internal Audit Function: Consultants May Be the Key

While fraudulent behavior can occur at all levels of the organization, more than half of occupational frauds occur in (1) operations, (2) accounting, (3) executive/upper management, and (4) sales.¹ For this reason, it is important to maintain a strong internal control environment at all levels of the organization, and most importantly, strong governance and “tone at the top.”

Read more

RRSP – It’s Not Too Late to Make Your Contribution for 2022!

One of the best tools to save for retirement is a Register Retirement Savings Plan (“RRSP”). An RRSP is a special type of registered investment and savings account that provides opportunities to reduce your taxes in the year of contribution and defer income taxes on the income earned within the account.

As a reminder, the RRSP contribution deadline for 2022 is March 1, 2023. This means you still have an opportunity to review your current financial situation and determine if it is beneficial to make an additional contribution and have it apply to your 2022 taxes.

Read more


Grewal Guyatt LLP would like to take this opportunity to thank you for your continued business as we look forward to working with you for another year.  Should you have questions, any of our Partners would be more than happy to meet or discuss them with you.


We would like to kindly remind you that the personal tax filing deadline for the 2022 taxation year is April 30, 2023.  To facilitate the timely completion and filing of income tax return(s) for you and/or your family, we ask that you provide all the necessary documentation and information by March 31, 2023.

Read more

An Organization’s Internal Control Environment

What are Internal Controls?

The preparation of reliable financial information is a key responsibility held by every company’s management and thus the accuracy of that information is imperative. Internal Controls over Financial Reporting (“ICFR”) refers to the controls specifically designed to mitigate the risks that may arise in relation to financial reporting processes. To attain accuracy and instil confidence in a company’s financial information, it becomes vital for every process within the finance function to encompass robust internal controls.

Read more