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Personal and corporation tax returns, financial statements by CPA (Toronto)

license info: Chartered Professional Accountant

For corporations which do not require an audit, the most cost effective financial statement to have a Chartered Professional Accountant prepare is frequently an unaudited financial statement, which carries the accountant's "Notice to Reader", pursuant to a Compilation Engagement.

Compilation Engagements are undertaken at a more basic level than an audit and do not provide assurance. The accountant places this standard notice on the financial statements to inform the reader that they have not been audited or reviewed. The accountant prepares the financial statements based on information provided by management. The accountant may use some judgment in preparing the financial statements, however he does not attest to their accuracy.

Many banks and other users will accept Notice to Reader financial statements for their purposes.

Bay Street Accounting and Tax Services provides accounting and tax services, estate planning, risk management, financial statement preparation, income tax return preparation, cash flow analysis, tax planning, preparation of Business Plans and Offering Memorandums for capital raising. Our approach allows us to serve you without compromise.

  • do NOT contact me with unsolicited services or offers

post id: 7072850255


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