Audit and Review Engangements

I’ve always been involved in every aspect of my company, but now, I’m spread way too thin – what should I do? What systems and processes do I need to allow my company to grow smoothly? I am no longer involved in the day to day operations of the businesses – how do I assure myself the company is continuing to do well?  I wish to buy a business – how much reliance do I put on information supplied by the vendor?

• As a business grows, managers can either spend more of their time verifying the growing number of transactions, or develop systems and controls to monitor the daily activities. During an audit engagement, our team will review the effectiveness of these key systems and controls, and provide the appropriate recommendations.

• No longer involved in the day to day operations. Consider having an independent chartered accounting firm provide you some assurance on the fairness of these statements. Depending on your situation, a review or an audit of the company’s financial statements can provide you with the assurance you are looking for.

• Buying a business – a due diligence engagement can be tailored to provide you with a level of assurance with respect to the value of the business.