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ACCOUNTING & ASSURANCE

Debits and credits. We make sense of it all.

Accounting is how the transactions of your business are recorded and how they ultimately look in aggregate by creating financial statements. The financial statements are imported to the corporate tax return and adjustments and completion of various schedules are completed.

Notice to Reader

Also called a compilation. This is the type of engagement most small and medium sized businesses use. It provides financial statements without any audit-type work. It does not provide any level of assurance because of this.

Review

This engagement provides some level of assurance that the balances of the financial statements are “plausible” which is an accounting defined term. This is done by undertaking analytical procedures, and discussions with the business owners, management, and staff.

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