| Accounting & Auditing |
Every business is unique and requires a specified level of assurance in its financial statements, and these financial statements must provide users with reliable information.
Our firm assists business in completing specified assurance or non-assurance engagements including:
Audit Engagements An audit engagement provides the highest level of assurance that the financial statements are presented fairly. All audit engagements are completed in accordance with generally accepted Canadian auditing standards and other applicable business or industry-specific reporting standards. Upon the completion of the engagement, the firm provides an audit opinion with a high level of assurance. In addition, our firm provides valuable advice on ways to improve internal controls. Chan Foucher LeFebvre LLP is experienced in:
Review Engagements A review engagement is designed to provide clients with a moderate level of assurance with respect to accuracy. Our specialists perform review engagements in accordance with generally accepted Canadian accounting standards and other applicable business or industry-specific reporting standards. In a review engagement, enquiry, discussion and analytical procedures are performed to determine the reliability of the financial statements and a moderate level of assurance is provided. Chan Foucher LeFebvre LLP specializes in owner managed businesses. The firm provides valuable information on key financial indicators and results that assist business owners in improving their daily operations and their decision making process. Compilation Engagements A compilation engagement consists of compiling financial information into a set of financial statements. These financial statements are professional, organized, easy to understand, and useful in the decision making process. |