An audit is an assurance engagement in which extensive procedures are performed to provide you with the highest level of assurance. An intensive examination of your company's systems and records is performed in order to express an opinion on whether your company's financial statements are in accordance with the prescribed reporting framework.
In review engagements, we seek assurance that the financial statements or other information is plausible within the framework of appropriate criteria (IFRS, ASPE, NFP, special purpose framework, interpretation of an agreement, statute, or regulation). This differs from an audit in that less extensive procedures are performed and negative assurance is given (less assurance than an audit). A review is less costly than an audit.
We assist in compiling financial statements, or other financial information. A compilation does not express any form of opinion or negative assurance. This is the least expensive alternative and is most useful for tax purposes.
Tax Planning and Preparation
We can assist you with personal and corporate tax planning and preparation. In addition to suggesting plans for your personal and corporate taxes, we also prepare T1's and T2's and ROEs, T4's, T5's, T5013's, T1135's and T3's for your business.
Business Consulting and Succession Planning
Whether you are deciding to start a new business venture or end one, we can help you get started or windup your current corporation while keeping in mind the tax consequences. We take a comprehensive approach to tax planning to ensure we minimize your overall tax burden.
Farming Related Services
If you currently operate a farm, we can assist you by completing and submitting your tax forms to Agricorp as well as ensuring you stay up-to-date with the regulations in the farming industry. We have many years of experience in dealing with all the farm support programs including AgriStability, AgriInvest, Risk Management Programs, Interest Free Loans, Production Insurance and others.