Accounting Services << back to services Financial statement preparation
The preparation of financial statements falls into three categories:
1. Audit engagement – this engagement offers the highest level of assurance to third parties and includes an in-depth assessment of the risk of material misstatement of financial statement balances, examination and confirmation of key account balances and assessment of internal controls.
2. Review engagement - this engagement offers limited assurance to third parties and involves inquiries and analytical procedures to assess the plausibility of the financial statements and compliance with Canadian Generally Accepted Accounting Principles.
3. Notice to reader engagement –this engagement differs from reviews and audits as there is no assurance provided in this engagement. The financial statements are based upon client information provided and are used primarily for tax reporting and internal use.

Bookkeeping services
Bookkeeping services are offered to individuals and businesses which can range from initial start-ups to established businesses. The purpose of bookkeeping is to ensure your business has accurate and insightful financial information in order to make useful decisions which will help maintain profitability. Having accurate and up-to-date information allows businesses to remain in compliance with reporting requirements to the Canada Revenue Agency and other parties. We can help you with the day to day tasks of bookkeeping so that you can spend your time on growing your business.

Cash flow and budgeting analysis
The review of clients’ cash flow and budgets on a monthly, quarterly or annual basis to ensure the client is on track to meeting business goals and objectives. This also includes helping clients with the preparation of budgets and evaluating financial condition.
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