Key Aspects What Review Engagements Include:

Client Deliverables

We provide a comprehensive client package that typically includes a professional set of financial statements with a report indicating our findings, a Canada Revenue Agency (CRA) compliant corporate tax return, non-profit return or charity return, and any recommendations that we may have for your company’s financial management and future growth.

Limited Assurance

We perform procedures to provide limited assurance that your financial statements are free from material misstatements, giving you confidence in their accuracy. Our accountants conduct analytical procedures and inquiries to identify any significant issues or discrepancies in the financial statements.

Cost-Effectiveness

A review engagement is more thorough than a compilation, offering insights into a company's accounting practices. Unlike an audit, a review requires only limited supporting evidence, making it an efficient and cost-effective alternative to an audit engagement, especially for companies with established relationships with lenders or stakeholders, where a complete audit is not legally required. This makes review engagements ideal for smaller companies looking to verify the accuracy and effectiveness of their financial statements.

Support for Stakeholders

A review engagement adds credibility to your financial statements, making them more acceptable to banks, investors, and other stakeholders. Our team will assess your finances, records, and accounting practices to ensure they align with generally accepted accounting principles (GAAP). We will then report on whether your statements and practices meet these standards.

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With Avanti CPA’s review engagement services, your financial information is managed with care and professionalism. You gain valuable insights and increased confidence in your financial reporting, helping you navigate your business's financial landscape more effectively.

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With gratitude, Avanti CPA respectfully acknowledges that our office is located within the Tk’emlúps te Secwépemc (TteS) territory, situated within the unceded ancestral lands of the Secwépemc Nation.