Assurance Services: Audits And Reviews

glasses on table

Trusted Accountants in Burlington Providing Accurate Assessments and Opinions About a Company’s Financial Well-Being

Assurance and audit services assist businesses by providing a professional assessment of a company’s financial health and allows accounting professionals to provide proactive, strategic guidance. When providing assurance-based services, the accountants at Edelkoort Smethurst Schein CPAs LLP conduct a thorough investigation of the financial documents and perform a comprehensive business audit. Assurance services are commonly used by growing businesses who need to provide assurances to third party investors or lenders, or by a business preparing for sale.

Audit Services

Authorized to practice public accounting by the Chartered Professional Accountants of Ontario, Edelkoort Smethurst Schein CPA’s LLP is positioned to audit your small and medium-sized business or not-for-profit organization. Whether your business is growing and needs new investors/bank financing or owners are concerned about the accounting, you can confidently look to us to independently assess your company and provide financial statement readers what they need. We maintain a sound understanding of the Accounting Standards for Private Enterprises and Not-for-Profit Organizations (ASPE & ASNPO) and can deliver your organization the audited financial statements needed to continue operating and meet statutory reporting requirements.

Review Assurance Work for Financing or Franchising

When your business doesn’t need the backing of an extensive audit, you can turn to a review engagement to provide appropriate financial statements for financing or franchising needs. Through inquiry, analysis and detailed review of your reporting environment, our Licensed Public Accounting Firm can gain a strong understanding of your company and provide insightful feedback. Any time management or anyone outside your company is making a decision based on the financial statements, you should strongly consider a review engagement.

Internal Controls are Important to all Organizations

As part of the Audit & Review process or as a separate engagement we will review the internal controls, governance setup up and the reporting environment utilized by your company or organization. Internal controls are important to all organizations, properly designed controls promote the goals of your organization and catch errors and deviations as they occur. Communication is everything – once we’ve gathered an in-depth understanding of how your environment operates we provide written constructive feedback in the form of a management letter and offer solutions to realign the controls and the goals of the organization.

Contact Edelkoort Smethurst Schein CPAs LLP for Full Assurance and Audit Services

Edelkoort Smethurst Schein CPAs LLP in Burlington can provide your business with complete assurance and audit services to ensure your company’s full compliance with tax regulations and keep tabs on the financial health of the business. Our CPAs are highly skilled and serve the local Burlington business community with professionalism and a dedication to excellent service. To speak with one of our knowledgeable Chartered Professional Accountants, please contact us online or by telephone at 905-517-2297.