Partners in navigating complexity

KAM Consulting Services Inc. works across the office of the CFO. We place people who have held the seat alongside your executives on the reporting, the deal, the margin and the systems underneath all three.

A boutique firm in the Greater Toronto Area, built from ex-Big Four accountants with industry experience spanning financial analyst to CFO. Technical reporting depth in IFRS and US GAAP, and the operating experience to act on what the numbers show.

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Recent clients include:

Dye & Durham Converge Technology Solutions Quarterhill dentalcorp UniUni Docebo Cority VerticalScope Auvik Tiny Real Matters VitalHub theScore Beacon Xanadu Wellstar 360insights Open Farm DeFi Technologies RFA E360S

Who we are

We help ambitious clients achieve extraordinary outcomes by partnering with executives on their most important finance decisions.

We work across the whole finance agenda: complex accounting and reporting, transactions and integration, cost, margin and pricing, corporate finance, and the systems that have to support all of it. Our team has worked across every major industry in roles ranging from financial analyst to CFO, so we can speak to the full range of impacts a decision will have on your company.

Ex-Big Four, with operating experience

Deloitte, PwC, EY and KPMG backgrounds, followed by controllership and CFO roles inside listed issuers.

Public markets and private deals

Prospectus offerings, new standard adoptions, purchase price accounting and integration, for reporting issuers and sponsor-backed businesses alike.

Delivered on time and on budget

We take ownership of the outcome, not just the deliverable, and we stay present through the whole process.

Services

Five practices, one team. Work starts with a situation rather than a service line — pick the one closest to yours.

New standards, framework conversions, technical positions and the disclosure that follows.

IPO, RTO and SPAC readiness, continuous disclosure, ICFR and certification.

Deal support, purchase price allocation, carve-outs, Day 1 readiness and synergy capture.

Cost and margin improvement, pricing and revenue management, working capital and process redesign.

Interim CFO and controller, budgeting, forecasting and modelling, and NetSuite implementation.

Accounting and reporting

You're adopting a new standard

New standards rarely fail on the technical reading. They fail on the data you do not have, the contracts nobody re-read, and the disclosure drafted the week before filing. We work the whole path, from scoping to the note in the financial statements.

  • Impact assessment and scoping across the contract population
  • IFRS 15 revenue, IFRS 16 leases, IFRS 9 financial instruments and ECL
  • Accounting policy papers your auditor can sign off against
  • Transition calculations, opening balance adjustments and comparatives
  • Disclosure drafting and audit support through the first reporting cycle
  • IFRS 18 presentation and disclosure readiness

Accounting and reporting

You're converting frameworks

ASPE to IFRS, IFRS to US GAAP, or local GAAP into a parent's reporting framework. Conversions are usually driven by a listing, a lender or a new owner, which means the deadline is set by someone else.

  • Framework gap analysis with a quantified difference schedule
  • ASPE to IFRS, IFRS to US GAAP and US GAAP to IFRS conversions
  • Restated comparatives and reconciliations
  • Rewritten accounting policy manual and chart of accounts alignment
  • Auditor and audit committee walkthroughs

Accounting and reporting

You need a technical position, quickly

A question that has to be answered before a board meeting, a filing, or an auditor conversation. Often a single defensible position paper rather than a project. We hold retainers for this where the questions keep coming.

  • Impairment, going concern and other complex estimates
  • Share-based payments under IFRS 2
  • Debt versus equity classification and compound instruments
  • Business combination versus asset acquisition analysis
  • Financial instruments and hedge accounting
  • On-call technical accounting for finance teams without a technical lead

Accounting and reporting

You're restating, or a regulator has questions

A continuous disclosure review, a comment letter, or an error found after filing. These are time-boxed and visible, and the response matters as much as the correction. We have worked the issuer side of them.

  • Responses to CSA and OSC continuous disclosure review comment letters
  • Error assessment, materiality analysis and restatement decisions
  • Restated financial statements, re-filings and amended MD&A
  • Root-cause analysis and control remediation plans
  • Audit committee reporting through the remediation

Going public and controls

You're going public

Going public is a regulated process that needs every part of the business moving in unison. We have taken companies through IPO and RTO on the TSX and TSXV and stayed on afterwards for the continuous disclosure that follows.

  • IPO, RTO and SPAC qualifying transaction readiness against listing requirements
  • Prospectus financial statements, including pro forma and carve-out
  • Historical and interim financial statements for the filing
  • NI 52-109 certification readiness, ICFR and DC&P documentation
  • Reverse takeover and de-SPAC accounting, including accounting acquirer analysis
  • Continuous disclosure support once you are a reporting issuer

Going public and controls

You have to certify your controls

Certification is an annual signature with personal exposure behind it. Whether the obligation is NI 52-109 here or SOX 404 once you file a 40-F, the underlying work is the same: a control environment that is designed, documented and evidenced well enough for somebody else to test.

  • ICFR and DC&P design, documentation and walkthroughs under NI 52-109
  • SOX 404 readiness for cross-listed issuers and 40-F filers
  • Entity-level controls, risk assessment and scoping
  • Process narratives, flowcharts and risk and control matrices
  • IT general controls, segregation of duties and access reviews
  • Deficiency evaluation and classification, and remediation plans
  • Certification support and audit committee reporting

Transactions and integration

You've signed a transaction

The accounting consequences of a deal land long after the announcement. Purchase price allocation, carve-out financials and the first consolidated close are where deals quietly go wrong.

  • IFRS 3 purchase price allocation and acquisition accounting
  • Carve-out and combined financial statements, and business acquisition reports
  • Pro forma financial information for the circular or prospectus
  • Day 1 readiness and opening balance sheet
  • Post-close consolidation, integration and transition services support
  • Goodwill and CGU impairment testing after the deal

Transactions and integration

You've closed and now have to integrate

Value in a deal is won or lost after close, in the hundred days when two finance functions, two charts of accounts and two sets of habits have to become one. This is where the deal model meets operating reality.

  • Day 1 readiness and the first consolidated close under new ownership
  • 100-day integration plan with owners, milestones and decision rights
  • Synergy identification, baselining and tracking against the deal model
  • Finance function integration: chart of accounts, close calendar and reporting pack
  • Transition service agreements, their scope, costing and exit
  • Carve-out stand-up and separation from the seller's systems

Performance and operations

Your margins are going the wrong way

Revenue is growing and margin is not, or cost has crept up a line at a time and nobody can say exactly where. This is an analysis problem before it is a cutting problem.

  • Margin bridge across price, volume, mix, cost and currency
  • Cost base analysis by function, cost-to-serve and overhead
  • Zero-based and driver-based budgeting
  • Procurement and vendor spend review
  • Working capital across inventory, receivables and payables
  • A costed plan with owners, phasing and tracking you can run after we leave

Performance and operations

You don't know which customers or products make money

Most companies know revenue by customer and cost in total, which is not the same as knowing profit by customer. Pricing decisions made without that view are educated guesses.

  • Customer, product and channel profitability modelling
  • Cost allocation and cost-to-serve methodology
  • Price realisation, discount and rebate leakage analysis
  • Contract and rate card review, including renewals and escalators
  • Pricing structure and revenue model design
  • Reporting that keeps the view current once the project ends

Performance and operations

Your finance function can't keep up with the business

The business has doubled and the team has not, or the close takes three weeks and the board pack is already a week old when it lands. The answer is usually process and system design rather than headcount.

  • Finance function assessment against the size and complexity of the business
  • Close acceleration: calendar, accruals, allocations and reconciliations
  • Order-to-cash, procure-to-pay and record-to-report redesign
  • Management reporting and board pack design
  • Target operating model, role design and co-sourcing
  • Controls built into the process rather than bolted on afterwards

Finance leadership and systems

You're short a finance leader

A departure, a leave, or a step-change in reporting obligations you were not staffed for. We place people who have held the seat, not advisors who will describe it to you.

  • Interim CFO, controller and treasurer placements
  • Audit committee and board reporting support
  • Financial analysis, modelling and forecasting
  • External reporting takeover through a quarter or a year-end
  • Finance function assessment, process redesign and co-sourced close
  • Treasury support, including hedge documentation and effectiveness testing

Finance leadership and systems

You need a plan the board and the lender will both accept

A budget, a covenant model and a board pack are three views of the same business and they should reconcile. When they don't, the conversation with the lender is harder than it needs to be.

  • Integrated three-statement financial models
  • Budgeting, reforecasting and scenario analysis
  • Cash flow forecasting, thirteen-week and longer
  • Covenant compliance modelling and lender reporting
  • Capital structure, refinancing and funding support
  • Board and investor reporting packs

Finance leadership and systems

Your system can't close the books

When the close runs on spreadsheets bolted to an ERP that was configured before anyone thought about consolidation, the answer is rarely more people. It is usually the system design.

  • NetSuite implementation and post-go-live remediation
  • Chart of accounts and segment design built for external reporting
  • Multi-subsidiary consolidation, multi-currency and intercompany
  • Revenue and lease accounting configured to the standard, not to a workaround
  • Close automation and management reporting

Our leadership team

Our team personify the very qualities that have made us successful.

Devin Miller

Devin Miller, CPA

Managing Director

Devin brings more than 10 years of experience with technical accounting, regulatory compliance, IPO preparation and strategic planning. Recent engagements include pro forma financial statements for prospectus offerings, IFRS 15 and IFRS 16 adoptions, and biological asset valuations.

Before KAM, Devin was a Senior Accountant at Deloitte focused on publicly listed entities, a Financial Analyst at Honeywell/COM DEV, and Project Accountant at Canadian Solar Solutions. He holds a Bachelor of Commerce from the University of Guelph.

Ryan Louie

Ryan Louie, CPA, CA

Director

Ryan brings more than 8 years of experience in technical accounting, financial reporting, regulatory compliance and strategic planning. Recent engagements include IFRS 16 leases, IFRS 9 financial instruments, purchase price accounting and external financial reporting, plus NetSuite, lease accounting software and Shareworks implementations.

Before KAM, Ryan was financial controller and manager of external financial reporting at Dye & Durham, and a senior analyst with Brookfield Asset Management. He spent 3 years at PwC in the asset management sector and holds a BBA from York University's Schulich School of Business.

Tyrone Ferguson

Tyrone Ferguson, MBA, CPA

Director

Tyrone brings more than 6 years of experience with technical accounting, system implementation and internal controls. Recent engagements include conversion of financial statements from ASPE to IFRS and US GAAP, IFRS 16 leases, IFRS 9 financial instruments, and implementing a new accounting solution for ECL calculation.

Before KAM, Tyrone spent three years in KPMG's Accounting Advisory Services practice and three years at PwC conducting financial statement audits, both primarily in financial services. He holds a Bachelor of Commerce from Dalhousie University and an MBA from York University's Schulich School of Business.

Mandeep Kamboj

Mandeep Kamboj, CPA, CA

Director

Mandeep brings over 8 years of experience in financial planning and analysis, strategic planning, technical accounting and finance integration. Recent projects include new standard implementations, integration of reporting and operations after a large acquisition, and coordinating projections.

Before KAM, Mandeep was a Senior Financial Analyst in FP&A at Teranet, an Experienced Senior Associate at PwC, and a Senior Accountant at Deloitte, primarily in financial services, technology and manufacturing. He holds a BBA from Wilfrid Laurier University.

John Laratta, CPA

Associate

Advisory board

Avjit Kamboj

Avjit Kamboj

CPA, CA, CPA (Illinois)

Avjit Kamboj is a finance executive with more than 17 years of leadership experience across capital markets, M&A and financial reporting. He is Chief Financial Officer and a board member of MAK Acquisition Corp. and chairs the audit committee of Metatek-Group Ltd., both TSX-listed companies.

Previously, Avjit was Chief Financial Officer of Converge, where he was instrumental in the company's public listing and led its finance function through to its acquisition by H.I.G. Capital for approximately $1.3 billion. He has also served as Chief Financial Officer of Dye & Durham and CarbonCure.

As an advisor to KAM Consulting, Avjit helps publicly listed technology companies implement the policies, processes, systems and controls expected of a public company. He holds a Bachelor of Business Administration from Wilfrid Laurier University and is a Canadian Chartered Professional Accountant and a U.S. Certified Public Accountant.

Companies we have worked with

Dye & Durham Converge Technology Solutions Quarterhill dentalcorp UniUni Docebo Cority VerticalScope Auvik Tiny Real Matters VitalHub theScore Beacon 360insights Acasta Alignvest Amp Ample Organics Avicanna DeFi Technologies E Inc. E360S Emblem Flow FSD Pharma GMP Halo IM Cannabis Infrapipe Khiron Kore LifeSpeak LOGiQ LRS Maricann Open Farm Pet Valu Pluribus Technologies Portage CyberTech Quisitive Qylur Radicle RFA Sagicor Scientus Pharma Symbility TerrAscend Top Hat Washington Trust Wellstar Xanadu

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