An audit and review goes beyond the scope of a review or compilation providing you with a comprehensive view of your financial statements. An audit is the highest level of assurance available. Audited financial statements are used for decision making, and are often required by banks and investors interested in financing your business.
Federal and provincial legislation in Canada generally requires a corporation to prepare annual financial statements for audit by qualified independent auditors. You may be exempted from the audit requirement if all shareholders agree, in writing, to waive the appointment of an auditor. The financial statements subject to audit are the responsibility of your company’s management.
Our responsibility as auditors is to express an expert and objective third party opinion on your financial statements. We plan the audit engagement so as to obtain reasonable assurance that the financial statements are free of material misstatement. We will study and evaluate your company’s system of internal control, inspect your documents and review your assets. As part of a thorough audit process, we make enquires within and outside your company and we gather the evidence necessary to determine whether your financial statements present a fair picture of your company’s financial position and its activities during the period being audited.
but we pay careful attention to your unique situation and work to be as attentive to your needs as possible with our efficient and proven workflow.