ACCOUNTING & ASSURANCE
We provide three levels of service depending on your needs. We will help you determine what service your business or organization requires. We complete engagements for all types of organizations, including:
Private Sector for-profit companies
Not-for-profit organizations
Charities
Compilation Engagement
A compilation engagement is required if you have third-party users of the financial information. These users might include lenders, suppliers, and purchasers of a business. This type of engagement provides no assurance. Management is responsible for the accuracy and completeness of the financial information.
Most small/medium size businesses require a compilation engagement. Unless there is a stakeholder that requires a higher assurance engagement, this is what you need!
Review Engagement
A review engagement is required when requested by stakeholders in a company. Stakeholders might include the bank or shareholders of the company. Review engagements offer a low level of assurance that the financial statements conform to the applicable financial reporting framework.
Audit Engagement
An audit engagement provides an unbiased and independent opinion as to whether the organizations financial information conforms to the applicable financial reporting framework. Audit engagements provide the highest level of assurance available.