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BDO welcomes Telos Business Solutions to SR&ED practice

 

July 15, 2011

TORONTO: BDO Canada LLP (“BDO”) is pleased to announce that Telos Business Solutions (“Telos”) has joined BDO, effective July 15, 2011. The combined practice will operate under the BDO Canada LLP name.


Telos specializes in Canada’s Scientific Research and Experimental Development (SR&ED) tax credit program, which provides generous incentives for companies that conduct innovative research and development. Telos works closely with companies through the application process to help them access the maximum benefits for which they qualify.


BDO is a leading accounting and advisory services firm in Canada. Its SR&ED practice offers services to help clients with the tax credit program, including assistance with technical report preparation, financial information, documentation systems, and claim reviews.


Eight professionals from Telos now join BDO’s growing SR&ED practice across Canada and will continue to offer SR&ED services to companies in Northern Ontario and Manitoba. As part of BDO, they will gain access to the firm’s national and international resources to help clients achieve success in the SR&ED credit program. Both practices work with companies in various industries, while Telos also brings in-depth experience with the forestry and information technology sectors.


With two locations in Thunder Bay and Winnipeg, its team will provide services to companies in these cities, as well as Sault Ste. Marie, Sudbury, North Bay, Wawa, Selkirk, Brandon, Timmins, Kenora, Dryden, Fort Frances, and surrounding areas.


Justin Frape, President of Telos Business Solutions, said: “We are very excited about joining the team at BDO. This is a great opportunity for us to continue growing our practice, and offer Northern Ontario and Manitoba companies additional resources and expertise through BDO.”


Mike McCreight, National Group Leader of BDO’s SR&ED practice, stated: “Bringing our teams together is an important step for our growing SR&ED practice. Telos’ strong SR&ED expertise, as well as its focus and presence in Northern Ontario and Manitoba are a great match for BDO’s dedicated work in communities across Canada.”

Keith Farlinger, Chief Executive Officer of BDO Canada LLP, added: “I am pleased to welcome Justin Frape and his team to BDO. Our ability to expand our SR&ED services to new regions demonstrates our commitment to building the advisory services we offer to Canadian businesses across the country.”


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About BDO Canada LLP

BDO is the fifth largest single national accounting and advisory partnership in Canada with 95 offices nationwide. Our professionals have the expertise to serve owner-managed businesses, large enterprises, mid-market public companies, communities and non-profit organizations in a broad range of industries.

BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

BDO is the brand name for the BDO network and for each of the BDO Member Firms.

The combined fee income of all the BDO Member Firms, including the members of their exclusive alliances, was $5.28 billion in 2010. The global network provides advisory services in 119 countries, with almost 47,000 people working out of 1,082 offices worldwide.

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Contacts

Mike McCreight
National SR&ED Group Leader
BDO Canada LLP

Justin Frape
President
Telos Business Solutions





Tel: 519 944 6993
Fax: 519 944 6116
mmccreight@bdo.ca

Tel: 877 835 6701 ext. 118
Fax: 866 344 0824
justin@telossolutions.ca





 

 
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BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms.

BDO is the brand name for the BDO network and for each of the BDO Member Firms.