Financial Statements

WE ARE LICENSED PUBLIC ACCOUNTANTS AUTHORIZED TO ISSUE VARIOUS TYPES OF FINANCIAL STATEMENTS.

 

The majority of small businesses located in Collingwood and South Georgian Bay Area require compiled financial statements ("Notice to Reader") prepared by a licensed public accountant.

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Banks often require compilations from an independent Chartered Professional Accountant as part of their lending covenants.

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In compiling financial statements for a client, we present information that is the "representation of management" and express no opinion or assurance on the statements. Compilations don't require inquiries of management or analytical procedures. Instead, we rely on our knowledge of accounting principles and a general understanding of your business.

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The type of financial statement that your company requires will depend on your business goal, bank loan requirements, legal requirements, grant requirements and etc. Our accounting firm has extensive knowledge in financial statement preparation for private businesses located in the Collingwood area.

 

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