Using several accounting software and computer programs we offer a full range of general business services that will meet any client’s needs.
Some of the services we provide are payroll, HST remittances (monthly, quarterly, annually), bookkeeping, accounts receivable/accounts payable, install accounting software, training of staff, and technical support either on-site or over the phone.
A Review Engagement provides a mid-level assurance that the financial information provided by the client is accurate.
A Review Engagement consists of analytical procedures and discussion based upon information provided by the client
It is generally a request of an outside investor or a requirement by the client’s financial institution.
To provide this mid-level assurance a Review consists of general enquiries on how the organization operates.
This would include how its revenues and expenses are generated, whether assets were acquired or disposed of, any changes in ownership or key personnel, any changes in financing agreements (new or existing).
Prevention or detection of fraud or errors may not occur in a Review Engagement as the internal controls of the organization are not evaluated or studied unlike an Audit.