Choosing the Right Engagement for Your Business

The type of engagement you choose is principally guided by the purpose and the users of the financial statements. Often the party providing the primary funding for the business will direct you to the type of engagement you require. These include bank loans, shareholder agreements, government loans & grants, private loans, etc. No matter the reason, we are able to provide exactly what you need based on the level of assurance you require. Assurance provides more reliability to the users of the financial statements which are beneficial in seeking financing, reducing risk in filing inaccurate tax returns and evaluation of a business.

Auditor’s report

An auditor’s report is the highest level of assurance a Chartered Professional Accountant can provide. After understanding the entity and its internal controls, our experts use substantive procedures and various audit techniques to achieve the level of assurance required for the auditor’s opinion. Upon completion of the audit, we issue the opinion on whether or not the financial statements are fairly stated in accordance with generally accepted accounting principles (GAAP).

Review Engagement Report

A Review Engagement Report provides limited assurance and issued when required to meet banking, investor or statutory requirements. Our experts will use procedures such as inquiry, observation, discussion and analytical tools to assess the information provided. Once the plausibility of the information has been assessed, we issue the review engagement report along with the financial statements.