Review
Review
When Does Your Business Need a Review Engagement?
A review engagement is typically required when you are seeking mid-level institutional financing from a bank or credit union that requires more than a compilation, when major suppliers or stakeholders require a greater degree of financial confidence, or when your business has grown to a point where a higher level of financial reporting is appropriate. For many Edmonton-area businesses experiencing growth, the step from a Notice to Reader to a review engagement is a natural progression as financing needs increase.
Our Chartered Professional Accountants will use analytical procedures, inquiries, and discussions to complete the review services.
Review engagements provide a higher degree of accuracy than a compilation of your financial statements and without the extensive analysis that comes with an audit.
This is a great option for small and medium-sized businesses. To further help you understand your business, we will also provide recommendations regarding any issues that have come to our attention.
Contact Nguyen Scott LLP at 780-458-5479 or Get In Touch With Us Here to determine whether a review engagement is appropriate for your situation.
Review Services
► Prepare financial statements in accordance with applicable accounting standards, including a Balance Sheet, Statement of Retained Earnings, Statement of Earnings, Statement of Cash Flows, and Notes to the Financial Statements.
► Provide a detailed management letter outlining upcoming tax liability and filing responsibilities.
► Prepare and file the T2 Corporate Income Tax Return.
► Prepare in-depth corporate tax planning and individual tax planning for shareholders.
► Review all compliance returns (GST, WCB, Payroll, etc.) to confirm accuracy and filings are up-to-date.
► Draft letters of instructions to your lawyer to draft the necessary resolutions for dividends declared or other issues regarding corporate structure
Audit Services
Bookkeeping Services
Corporate Tax
Personal Tax
Our Chartered Professional Accountants are here to learn your business, and provide the answers you need to grow. Learn more and book your complimentary consultation today.
About Us
Your trusted Chartered Professional Accountants in the Greater Edmonton Area. Quality accounting, financial statements, tax services, bookkeeping, and business services that move your business forward. Start with Confidence - Book your Free 30 Minute Consultation Today.
Services
► Notice to Reader
► Review
► Audit
► Personal Tax
► Corporate Tax
► Bookkeeping
► Trusts and Estates
► Advisory
► Business Valuations
