Oakville Accounting Firm for Audit, Review, and Compilation Services
No matter the size of your business or organization, it’s important to make sure you’re keeping proper tabs on your finances while adhering to generally accepted accounting standards and tax laws. However, keeping up with proper accounting practices takes time and energy. Glenn Graydon Wright LLP can ensure your operation remains compliant while allowing you to focus your time on growing and strengthening your business.
At Glenn Graydon Wright LLP, we offer comprehensive audit and review services to a wide range of businesses and organizations, including small to large corporations, charitable entities and not-for-profit organizations. Our team of highly skilled audit and accounting professionals will review your books, financial statements and accounting practices to make sure your company is in compliance with accounting standards for private enterprises (ASPE) and accounting standards for not-for-profit organizations (ASNPO).
Ensuring Compliance Behind the Scenes
We understand that auditing is a complex and time-consuming process. We perform our audits in a timely and efficient manner while being as unobtrusive as possible. Our staff will visit your company’s offices or coordinate a remote engagement and conduct a thorough audit of your business and communicate our findings in a clear and concise fashion. Throughout this process, our team will work closely with key personnel and use discretion throughout our audit to minimize any disruptions to your daily operations, while also limiting the time, attention and resources required.
Audits, Reviews and Compilation Engagements
We view our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company’s profitability and efficiency. We provide financial reporting on the following engagements:
- Audit engagement
- Review engagement
- Compilation engagement
What are Audit Services?
Audits are an intensive examination of your company’s accounting systems and records, providing the highest level of assurance. When performing an audit, our audit team will examine all relevant documentation, statements, and transactions, while verifying and confirming select details internally and through third-party requests.
After our expert staff provide you with a detailed report along with our recommendations, you will be in a better position to identify red flags within your organization, ways to improve internal operations and avenues for potential growth.
What are Review Services?
A review is a limited assurance engagement that involves a review internal financial documents and transactions, resulting in a conclusion on whether your financial statements are in accordance with applicable accounting standards.
What are Compilation Services?
Compilation services do not provide any assurance, but simply compile and organize a company’s financial records. Due to their limited scope, compilation services are primarily used internally for management and tax reporting purposes.
Financial Statement Preparation
We can assist you in the preparation of your financial statements in accordance with professional standards. The financial statements produced can be a useful tool for management to make financial decisions and evaluate historical operations.
Assurance for Not-for-Profit & Charitable Organizations
Not-for-Profit and charitable organizations have strict requirements they must satisfy under municipal, provincial and/or federal legislation. Glenn Graydon Wright LLP is well-versed in the unique requirements of these organizations, and we work to provide thorough and reliable assurance services to our not-for-profit clientele.
We provide much-needed assurance to not-for-profit organizations, which are commonly stretched for time and internal resources. Our assurance services can help not-for-profit and charitable organizations refine their internal processes.
Contact Glenn Graydon Wright LLP CPAs in Oakville for Audit, Review and Compilation Services for Businesses, Charities and Not-for-Profits
Contact us to learn more about how Glenn Graydon Wright LLP can assist with external audit and assurance services for your business, charity or not-for-profit. Our team of experienced audit and accounting professionals will ensure you are meeting all required assurance reporting requirements while providing recommendations for potential improvements and cost-saving opportunities. Give us a call today at 905-845-6633, or connect with us online, to set up an initial consultation.