Like most accounting firms we offer the general types of accounting statements: Compilations (Notice to Reader), Review Engagements and Audits.

Compilation (Notice to Reader)

The objective in a compilation engagement is to arrange financial information obtained from the client in the form of financial statements that are arithmetically correct and not false or misleading.

Unlike an audit or a review engagement, where the Accountant attaches a communication adding credibility and assurance, no expression of assurance is provided with a compilation.

Review Engagement

In an audit and a review engagement, the Accountant attests that the information is presented in accordance with Canadian generally accepted accounting principles (Canadian GAAP).

In a compilation engagement, on the other hand, the financial statements compiled by the CGA need not be in accordance with Canadian GAAP.

Other Accounting Services