Audits & Reviews
Audits are the highest level of assurance a professional accountant can provide. For public companies, audits of annual financial statements are required. In the private sector, very few private enterprises are required, or choose to have an audit of their annual financial statements. Annual audits of financial statements are primarily required for registered charities, some not-for-profit organizations, governments and some government enterprises.
We have extensive experience as auditors of registered charities, not-for-profit organizations, and first nation governments. As part of an audit examination, we gain valuable insight into the organization's accounting and internal control systems, governance practices and internal financial reporting. This detailed knowledge of your organization, combined with our years of experience, allows us to provide your organization with valuable advice, in all areas.
We're not just professional accountants and advisors - we have also served as Officers, Directors, Committee Members and volunteers to several registered charities/not-for-profit organizations. Ask one of our professionals how we can help your organization.
Reviews are a limited assurance level of financial reporting often required or desired by profit oriented private enterprises and smaller not-for-profit organizations. Financial institutions with a higher level of credit exposure will often ask for a review engagement report on annual financial statements. In certain situations such as a possible business sale, for bonding purposes or where an owner is less active and a management team is in place, it may make sense for you to engage us to perform a review engagement. As part of our review, we acquire a more detailed knowledge of your business, which better enables us to use experience and provide you with valuable advice. Ask one of our professionals whether a review engagement might be appropriate for you.
Other Assurance Services
In addition to reporting as auditors or reviewers of annual financial statements, we have experience providing other assurance services in a variety of areas including reports on financial information other than financial statements, reports on compliance with contractual agreements, results of performing specific procedures in certain situations such as the sale of a business, and Accountants Reports TA-5 to the Law Society of Saskatchewan.
All professional accountants who perform assurance services are required to maintain their knowledge of professional standards. Experience in applying our professional knowledge is what adds value to our work. Contact one of our professionals, and let us put our experience to work, for you.