Our Services Help Your Business To Grow
Financial Statements
Accounting reviews & preparation of financials, in accordance with international standards accepted by the Institute of Chartered Accountants of Barbados.
Income Tax Services
Filing of corporate and personal returns; planning advice, tax audit representation, amnesties
Business Consultancy
Our help ranges from business start-up structure & procedures, financial & cash flow management, tax planning advice & any other concerns you may have.
Business Plans & Financial Projections
Designed to prepare a business for growth, whether you are a new start-up, or aid in expanding or, strategic planning
Seminars & Workshops
Designed for small groups, to guide you through aspects of running a business
Systems Design & Training
We help design accounting & operating procedures & controls, software set up and training in data-entry.
Our services for small to medium sized businesses extend to the most important areas in finance and accounting. When you work with us, our accounting services cover financial reporting and analysis, tax services, bookkeeping and payroll, and much more.
The team at Transforming Business Inc has been preparing and filing our tax returns for over 25 years! They have been our representative to the Barbados Revenue Authority in handling tax audits and amnesties, communicating and negotiating on our behalf.
Every time I’ve had a question or needed clarity on a new amendment regarding payroll or corporation tax, I just call or email and I receive direct attention until the issue is resolved.
You all have been marvelous to us! You have computerized our books and now we are able to get financials every month. Before that it was impossible. You keep us on track. We would not otherwise know many of the Government requirements that come up.
Thank you for your service over the past 10 years! You all are amazing with regards to helping small businesses!
Transforming Business Inc played an integral part in the business planning stage of Curbside Café.
Fran was a gem and was very personable as she shared her vast knowledge. She assisted with the preparation of financial projections and the business plan for submission to financial institutions. Fran has since advised me on matters including payroll, taxation and monthly accounting. I would recommend Transforming Business to any business in need of support.
I have had the opportunity of working closely with Mrs. Francina Downey-Smith/Transforming Business Inc. during the period 2009 – 2018 while leading the Barbados Employers Confederation as Executive Director. During that period the organisation provided initially Audit services and latterly, Accounting services.
More recently as Treasurer of the St. Stephen Anglican Church Parochial Church Council (PCC), we have engaged Transforming Business Inc. to compile the Financial Statements for the period 2015 to 2020 for Review Engagements, as we sought to regularize our Annual Reports and meet our obligations to The Anglican Diocese in Barbados.
During the various engagements, I have always found Mrs. Downey-Smith and her Associates fully engaged and facilitative, providing timely reports and guidance as discussed and agreed.
I unreservedly recommend Mrs. Downey-Smith/Transforming Business Inc. for providing accounting and management solutions to small and medium-sized business organizations.