Frequently Asked Questions

Does Frosty Squirrel perform Audits or Reviews (Assurance)?

Not currently. We chose a year after incorporation to remove this service from our portfolio. This was mainly done due to regulatory and capacity issues. Frosty Squirrel is currently considering offering assurance engagements.

Does your firm deal with Crypto Currency, NFTs and other digital assets?

Yes. The amounts and the complication of the holdings will dictate the increase in the package prices.

Where is your office located?

Frosty Squirrel CPA has been a virtual firm since its inception in August 2020. The “office” is at the owner’s home address for corporate purposes.
This does not mean we will not be available to meet in person, but we normally have meetings at cafes, communal working spaces or the client’s office.

Does your firm offshore accounting services?

No. All employees will be located in Canada. We will not subcontract services without informing the client first, and those subcontractors will be located in Canada as well.

Does your firm use AI? What are your AI policies?

Yes, Frosty Squirrel does use AI as a tool. Client data is not used within any AI without the express consent of the client. AI is normally used for administration and base work. This means creating templates in Word and Excel, updating the website, developing Excel formulas, beginning research, and other similar activities.