Service Disclaimer

Important: What Vela is not

This disclaimer clarifies the nature of Vela's services and important limitations. Please read carefully.

Financial reporting services

Vela's financial reporting services include data organization, reconciliation, and analysis. However:

• • Reports are prepared for internal management use only
• • Reports are not formal financial statements and do not follow GAAP or IFRS standards
• • Reports are not audited or reviewed by a professional accountant
• • Reports should not be used for bank loans, investor presentations, or regulatory filings without professional accounting review
• • All reports are reviewed by a person before delivery, but this is a competency review, not a professional accounting opinion

If you need formal financial statements, tax filings, or accounting advice, consult a licensed accountant or firm.

Tax and CRA compliance

While Vela prepares reports with awareness of CRA requirements and Canadian tax practices:

• • We are not tax professionals and do not provide tax advice
• • Reports are not prepared as tax returns or CRA documents
• • You remain responsible for filing accurate tax returns with the CRA
• • You should consult a tax accountant or professional for tax strategy and compliance
• • Vela's data formatting for CRA awareness does not guarantee CRA acceptance

AI-assisted work disclaimer

Vela uses AI-assisted tools to draft and organize work. Important points:

• • All work is human-reviewed before delivery (not automatically generated)
• • AI tools can make errors; all content is fact-checked and edited by a person
• • The reviewing person takes responsibility for accuracy
• • You should independently verify all information in deliverables
• • AI use does not reduce your responsibility to review and validate deliverables

Website and digital marketing services

For SEO, marketing, and website services:

• • Results are not guaranteed; search rankings and traffic depend on many factors beyond Vela's control
• • SEO improvements take time; significant ranking changes typically occur over months, not weeks
• • Website designs are optimized based on best practices, but performance depends on many factors (hosting, user behavior, market conditions)
• • Digital marketing strategies are recommendations, not guarantees of success
• • You should consult with marketing professionals or digital strategists for strategic advice

Data accuracy and your responsibility

You are responsible for the accuracy of data you provide to Vela.

• • Vela relies on data you provide; if source data is inaccurate, reports will be inaccurate
• • You should verify all data submitted to Vela for completeness and accuracy
• • Vela will organize and analyze data as provided, but cannot verify the accuracy of source data
• • If you discover errors in data after submitting, notify Vela immediately

No professional relationship

Vela's services do not create:

• • An attorney-client relationship
• • An accountant-client relationship
• • A tax advisor relationship
• • A fiduciary duty or obligation

Vela provides business services as an operations partner, not as a licensed professional. For professional services, engage licensed professionals.

Limitation of liability

To the maximum extent permitted by law:

• • Vela's liability for any claim does not exceed the fees paid for the service
• • Vela is not liable for indirect, incidental, consequential, or punitive damages
• • Vela is not liable for business losses, lost revenue, or lost profits
• • Vela is not liable for errors in source data provided by the client
• • Vela is not liable for third-party actions or external factors outside our control

This disclaimer does not limit liability for gross negligence, willful misconduct, or breach of confidentiality.

Independent professional advice

Before making important business or financial decisions based on Vela's work, consult with appropriate professionals:

• • Accounting or tax decisions: Consult a licensed accountant or CPA
• • Legal decisions: Consult a lawyer licensed in your jurisdiction
• • Investment or financial planning: Consult a licensed financial advisor
• • Business strategy: Consult a business consultant or advisor
• • CRA compliance: Consult a tax professional or accountant

As-is disclaimer

Vela's services and website are provided "as is" without warranties of any kind, express or implied. While we strive for accuracy and quality, we do not guarantee:

• • Accuracy of all information
• • Suitability for your specific needs
• • Uninterrupted service or error-free operation
• • Specific results or outcomes

Changes to this disclaimer

Vela may update this disclaimer from time to time. The "Last updated" date at the top of this page indicates the most recent revision. Continued use of our services constitutes acceptance of the updated disclaimer.

Questions about this disclaimer?

If you have questions or concerns about what Vela can and cannot do, please ask before engaging our services: