Build credibility and secure financing with professional Toronto financial statement services. Serving the Greater Toronto Area, our Ontario CPA team provides comprehensive audit, review, and compilation services that meet all regulatory requirements and give stakeholders confidence in your financial position.
We've designed a comprehensive approach to financial statement preparation that ensures accuracy, compliance, and credibility
Comprehensive review of your business needs and selection of appropriate engagement type.
Thorough examination of your financial records and supporting documentation.
Professional preparation of financial statements in accordance with applicable standards.
Final delivery with comprehensive support and ongoing consultation.
Join businesses who trust us to prepare their professional financial statements and build stakeholder confidence
When it comes to financial statements in Toronto, establishing credibility with lenders, investors, and stakeholders requires professionally prepared statements that comply with Canadian accounting standards. Our comprehensive financial statement services help Toronto businesses present their financial position accurately while meeting all regulatory and compliance requirements.
As a leading Toronto financial statements firm, we understand the critical importance of accurate financial reporting for Ontario businesses. From securing bank financing to satisfying investor requirements, our experienced CPA team provides audit, review, and compilation services that give stakeholders confidence in your financial information and business operations.
Our financial statement services in Toronto include audited financial statements, review engagements, compilation reports, and notice-to-reader statements. We work closely with your management team to understand your business operations and ensure that your financial statements accurately reflect your company's financial position and performance.
Our Toronto audit services provide the highest level of assurance for your financial statements. We conduct comprehensive audits in accordance with Canadian Auditing Standards, providing independent verification of your financial information. This includes testing internal controls, verifying account balances, and ensuring compliance with applicable accounting frameworks.
For businesses in the Greater Toronto Area requiring less extensive assurance, we offer review engagements that provide moderate assurance through analytical procedures and inquiries. These services are ideal for privately-held companies that need professional statements without the full scope of an audit.
As experienced financial statement preparers in Toronto, we also provide compilation services where we prepare financial statements based on information provided by management. These notice-to-reader statements are cost-effective solutions for businesses that need professionally prepared statements for internal use or specific stakeholder requirements.
Don't let poor financial reporting limit your business opportunities. Our Toronto financial statement experts are ready to help you prepare professional statements that build credibility and support your business goals.
Our Toronto financial statements office serves clients throughout the GTA, including North York, Scarborough, Etobicoke, Mississauga, Brampton, Markham, Richmond Hill, and Vaughan. We understand the unique needs of Toronto-area businesses across all industries, providing localized expertise with deep understanding of Ontario regulatory requirements and Canadian accounting standards.
Ready to build financial credibility? Contact our Toronto financial statement experts today to schedule your complimentary consultation and discover how we can help you prepare professional statements that support your business success.
Don't just take our word for it. Here's what real customers have to say about our financial statement services.
"Their audited financial statements gave our investors complete confidence in our business. The professional presentation and thorough documentation exceeded our expectations. Highly recommended."
"Professional, timely, and incredibly detailed. Their review engagement provided exactly the level of assurance we needed for our bank financing. The process was smooth and efficient."
"Their compilation services provided us with professionally prepared statements at a reasonable cost. The team understood our needs and delivered exactly what we required."
"Exceptional attention to detail and deep knowledge of accounting standards. Their audit work was thorough and the final statements were impeccable. True professionals."
"They made the entire financial statement process straightforward and stress-free. Their expertise in GAAP compliance saved us time and gave us confidence in our reporting."
"Outstanding service from start to finish. Their financial statements helped us secure the financing we needed to expand our business. Cannot recommend them highly enough."
Get answers to common questions about financial statement services in Toronto
Audit services provide the highest level of assurance through comprehensive testing and verification procedures. Review engagements offer moderate assurance through analytical procedures and inquiries, suitable for privately-held companies. Compilation services involve preparing financial statements based on management's information without providing assurance, ideal for internal use or specific stakeholder requirements. Each service level offers different costs and assurance levels to meet your specific needs.
The need for audited financial statements depends on your specific circumstances. Public companies and certain regulated entities are required to have audits. Many banks and investors also require audited statements for significant financing or investment decisions. Additionally, some industries, government contracts, or stakeholder agreements may mandate audited statements. We can help assess your specific requirements and recommend the appropriate level of service for your situation.
The timeline varies depending on the type of engagement and your business complexity. Compilation services typically take 2-3 weeks, review engagements require 3-4 weeks, and audit engagements usually take 4-6 weeks. Factors affecting timing include the quality of your records, business complexity, and responsiveness to information requests. We provide detailed timelines during our initial planning meetings and keep you informed throughout the process.
We prepare financial statements in accordance with Canadian Generally Accepted Accounting Principles (GAAP), which includes Accounting Standards for Private Enterprises (ASPE) for private companies and International Financial Reporting Standards (IFRS) for public companies and certain other entities. We also handle specialized frameworks when required. Our team stays current with all accounting standard updates and ensures full compliance with applicable requirements.
We'll need your complete financial records including general ledger, bank statements, accounts receivable and payable details, inventory records, fixed asset schedules, and supporting documentation for significant transactions. For audits and reviews, we may also require contracts, board minutes, legal correspondence, and other business documents. We provide detailed preparation lists during our initial planning to ensure you have everything ready and the process runs smoothly.
Yes, we integrate our financial statement services with tax preparation to ensure consistency and efficiency. Our team coordinates the financial statement preparation with your corporate tax filing requirements, ensuring that all information aligns properly. This integrated approach saves time, reduces costs, and ensures accuracy across both your financial reporting and tax compliance obligations. We handle both the financial statements and tax returns as a comprehensive package.
Our Toronto financial statement experts are here to help. Schedule a complimentary consultation to discuss your specific needs and get personalized answers to your questions.
Take the first step towards professional financial statements. Get your free consultation with our Toronto financial statement experts today.
70 Jutland Rd Unit 17, Second Floor
Toronto, ON M8Z 0G7
(416) 887-2122
Monday - Friday: 9:30 AM - 5:30 PM
Saturday & Sunday: Closed
Comprehensive audit, review, and compilation services that provide the appropriate level of assurance for your needs.
Deep knowledge of Canadian accounting standards ensuring your statements meet all regulatory requirements.
Professional statements that build confidence with lenders, investors, and other stakeholders.
Experienced Ontario CPAs with deep expertise in financial statement preparation and assurance services.
Seamless coordination between financial statement preparation and corporate tax filing for maximum efficiency.