Compilation Engagement Reports
At LFG Partners, we understand the importance of accurate financial reporting for businesses of all sizes. Our team of experienced CPAs offers compilation engagement services to help you present your financial information in a clear and concise manner.
A compilation engagement report is a valuable tool that provides stakeholders with an overview of your company's financial position. It involves the preparation of financial statements based on the information you provide, without providing any assurance or opinion on the accuracy or completeness of the data. This service is suitable for private companies and small businesses that require reliable financial statements for internal use or to share with third parties such as banks.
When you choose compilation engagement services with LFG Partners, you can expect our dedicated team to work closely with you to ensure that your financial statements comply with the applicable accounting standards and regulatory requirements. Our experienced CPAs will gather the necessary information, organize it in a structured manner, and prepare financial statements that accurately reflect your company's financial position, results of operations, and cash flows.
Key features of our compilation engagement reports:
Compliance and Assurance: While a compilation engagement report does not provide assurance on the accuracy of the financial information, we ensure that the report complies with the relevant accounting standards and regulatory guidelines.
Enhanced Credibility: Our compilation engagement reports enhance the credibility of your financial statements, enabling you to confidently share them with stakeholders, such as banks, investors, and regulatory authorities.
Timely Delivery: We understand the importance of meeting deadlines. Our team at LFG Partners is committed to delivering your compilation engagement report in a timely manner, allowing you to make informed decisions without delay.
Typically, compilation engagement reports are combined with Canadian corporate tax return T2. Contact us for more information about our service and pricing.