Welcome to Nasello Francella LLP.

 

We are a small, client-focused accounting firm operating in downtown Toronto.
Our team of qualified professionals offers a variety of accounting, advisory, and taxation services to individuals, corporations, and partnerships.
We aim to add value by assisting our clients in a timely and efficient manner.

Services

Let us provide you with the service you deserve

Assurance & Accounting

Our auditing and accounting services are designed to add credibiltiy to the financial information produced for a client or a third party.
These services include compilation, review and audit engagements and special reports.

Taxation

Our tax services are developed to assist individuals and corporations in conducting their investments and business transactions in the most tax effective manner, within the boundaries of the income tax law.

Tax for Individuals Tax for Corporations International Fiscal Matters

Management Advisory Services

The valuable business advice we provide to our clients is based on thorough understanding of the client's organization, finances and operations.

Business Structure

We have extensive experience to help you determine the best business structure for your specific circumstances whether it be a sole proprietorship, corporation, or partnership.

Financial Consulting

We provide a wide variety of business consulting services to our clients including financial management, operational support, risk management and strategic planning.

Bookkeeping and IT Services

We provide professional bookkeeping services and assistance in choosing and implementing the best software solutions based on our clients’ needs

Our Values

NFLLP performs a variety of engagements to suit our clients’ financial needs

Our promise

To provide clients with creative solutions to their business and personal financial needs while maintaining the highest professional standards at competitive fees.

Our Vision

To provide our clients with the freedom to achieve all of their personal and business goals. We are commited to provide high quality, professional service, delivered in a timely and efficient manner.

Our Resources

Our firm has developed resources over the past 35 years to help clients achieve their objectives. Our staff is not only technically proficient and accredited, they are also dedicated and experienced business-savvy team-players who strive to deliver top-notch quality in all their endeavours.

Features

NFLLP performs a variety of engagements to suit our clients’ financial needs

Our auditing and accounting services are designed to add credibility to the financial information produced for a client or a third party.

Audit of Financial Statements:

We prepare audited financial statements for entities that require the highest level of assurance that their financials are free from material misstatement.

Review of Unaudited Financial Statements

In cases where audited financial statements are not required, we offer review engagements which provide limited assurance that financial statements as a whole do not contain material misstatements and in accordance with Canadian generally accepted accounting principles.

Unaudited Interim Financial Statements

Unaudited interim financial statements may also be prepared for submission to third parties in accordance with statutory or regulatory requirements, in the form of condensed or detailed financial statements, for example, interim financial reports intended for shareholders.

Compilation of Financial Information

We prepare compiled financial information for internal management purposes, transmission to particular creditors, or for preparing an income tax return.

Special Reports

Special Reports are required to satisfy specific contractual arrangements. For example:
  • Reports on the gross sales of a tenant for calculating rent payable as a percentage of sales.
  • Reports on royalties in the case of production under licence.
  • Reports on data, such as those required under trust agreements.
  • Reports on the fulfillment of contractual requirement in the case of government subsidies.
  • Reports on profit participation base and performance - oriented compensation arrangements.

Team

Our team of qualified professionals

Salvatore M. Nasello, CA

Salvatore Nasello, a CPA, CA and a senior partner of Nasello Francella LLP, has a Bachelor of Business Management degree from Toronto Metropolitan University (formerly Ryerson). He worked on numerous special projects while employed at a multinational company as a division controller and taught full-time at his alma mater. He was also employed by a major international accounting firm where his work included the audit of public companies. Mr. Nasello provides assurance, accounting, and tax services, primarily to owner-managed businesses and professionals.

Carmine Francella, CA

Carmine Francella, a CPA, CA and a senior partner of Nasello Francella LLP, has a Bachelor of Commerce degree from the University of Toronto. He specializes in servicing the needs of owner-managers and their businesses of various sizes, operating in a diverse range of industries such as construction, food processing, storage and distribution, and health care professionals. His broad experience and skill set includes forensic investigations, curatorship of financial institutions, development and implementation of accounting systems, business acquisitions, and sales reviews which allows him to provide valuable accounting and business-related guidance to clients.

Craig Empson

Craig Empson, a CPA, CA, obtained his designation in 2007 after graduating with honours from Toronto Metropolitan University (formerly Ryerson) with a Bachelor of Commerce degree in 2004 and joining Nasello Francella LLP in 2005. Mr. Empson provides tax, accounting, and assurance services to owner-managed businesses and professionals in a diverse range of industries. He also advices clients on estate planning and personal taxes.

Andrea Grandi

Andrea Grandi is an internationally educated professional with over 20 years of experience in accounting, tax, finance, controllership, and insolvency. He obtained an Information Technology Diploma and a Master of Business Economics degree in Italy where he also received the designation of CPA and Legal Auditor in 2004. He moved to Canada in 2016 and became a member of CPA Ontario in 2017, the same year in which he joined Nasello Francella LLP. Mr. Grandi provides tax and accounting services to businesses in various industries.

Craig Chambers

Craig Chambers has an Accounting and Finance Diploma from Seneca College. He has over 25 years of experience advising small to medium-sized businesses and has expertise in rectifying technical IT issues, preparing accounting documentation, and implementing software solutions. Mr. Chambers installs software and provides bookkeeping support for numerous companies in various industries, including subsidiaries of multinational public corporations.

Myrigold Madulid

Myrigold Madulid obtained an Engineering degree in the Philippines and an Accounting and Finance Certificate from Toronto Metropolitan University (formerly Ryerson). She is well-versed in the application of HST and other sales taxes. Ms. Madulid provides accounting software and bookkeeping support to businesses in various industries and has over 25 years of experience in the implementation of accounting software, both commercially available (off-the-shelf) and custom-developed.

Contact

Contact Us

Address

555 Richmond St. W. Suite 1109, Toronto, ON, M5V 3B1

Call Us

+1 416 703 1819

Email Us

nfllp@nasellofrancella.com

Open Hours

Monday - Friday
9:00AM - 05:00PM

We Speak

English, French, Italian, Filipino