Does PS 3280 require an Asset Retirement Obligation to be recorded even when the asset is no longer in use?1 answers
How will PS 3280, Asset Retirement Obligations change existing liabilities related to landfill closure costs?1 answers
Founded by George A. Welch in 1918, Welch LLP is the 14th largest full service Chartered Accounting firm in Canada, headquartered in Ottawa. In addition to traditional auditing services, we provide expert business advice to clients in accounting, taxation (including tax advice on cross-border business ventures), business valuation, wealth management and succession planning in the private, government and not-for-profit sectors. Welch has recently added a consulting arm (WelchGroup Consulting) to help small to medium size businesses build value and transferability. Welch has over 250 staff members in 12 offices throughout Ontario and Quebec. As a highly respected bilingual firm with a longstanding heritage in the community, Welch has had a major influence in the business life in Ontario. Welch is the largest locally owned and operated firm in the region. For over 90 years Welch LLP has been fortunate to work with an exceptional group of clients that includes some of the largest and most successful Ottawa based businesses and not-for-profit organizations. The depth of our highly trained team coupled with a strong service-oriented culture has meant that our clients enjoy a range of services and expertise typically available only from a national firm. When we're not busy working away at our clients' financial matters, we are actively involved in the community. Our Partners and staff sit on the boards of many charities and not-for-profit organizations. We also sponsor programs and events that support health related and educational causes. We believe that companies should make a difference and have an obligation to reach out and help fellow citizens. We go further into your business issues. We think harder about what should be done. We work closely with you to build a solid relationship so we can fine-tune your financial systems and continuously improve how you run your business. We strive to be more than just your accountant; we are your business experts.
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Joshua Smith is a Partner at Welch LLP.
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