Review Engagements

An image of a local Burlington accountant working on a client's review engagement.

Trusted Burlington Accountants Delivering High-Quality Review Engagements

There are times when a business or franchise doesn’t require the same detail and level of assurance that comes from an extensive audit. Whether an audit is unnecessary or waived by shareholders, a review engagement still provides business owners and decision-makers with limited assurance showing that financial statements are true and meet accounting standards.

Edelkoort Smethurst CPAs LLP is a progressive, full-service accounting firm that provides expert business advisory and assurance solutions to corporations in Burlington, Halton, and across Ontario. Our experienced and highly knowledgeable Chartered Professional Accountants are committed to helping our clients achieve their business and financial goals by delivering comprehensive, modern strategies.

A fully Licensed Public Accounting Firm, we take pride in working closely with our clients to ensure that the solutions we provided are tailored to meet their unique needs. Our commitment to utilizing the latest innovative technologies ensures that our clients benefit from work that is completed efficiently and accurately.

Review Engagements to Help Guide Your Business

A review engagement—also called a limited assurance or negative engagement—provides limited assurance of a business or franchise’s financial statements as to their accuracy and reporting of whether those statements comply with accounting standards.

While an audit delivers the highest level of assurance, examining samples of all documentation to ensure the accuracy and veracity of financial information, a review engagement delivers a far more limited level of assurance through inquiry and analysis. A review is an assessment of financial statements, ensuring they are true and compliant with accounting standards. Review engagements typically take less time and cost less, as they do not require the same level of detail as an audit.

A review engagement works to increase confidence in financial statements for investors, shareholders, and creditors. Whenever business owners, decision-makers, or anyone outside your company is making a decision based on financial statements, you should strongly consider a review engagement.

How We Can Help

The innovative accountants at Edelkoort Smethurst CPAs LLP are committed to providing exceptional assurance services. Our trusted team of accountants carefully reviews financial statements and, through inquiry, analysis and detailed review assessment of reporting environments, our assurance experts gain a solid understanding of a company, allowing us to offer insightful feedback.

Our trusted accounting professionals deliver insightful, proactive strategies to help our clients achieve their financial goals. We provide a careful examination of a company’s financial statements, including:

  • Receivables and payables
  • Payments and cash receipts
  • Review of invoices and confirmation of asset acquisition
  • Review receipts for prepaid expenses
  • Confirmation of banking details, including balances, loans, and debts owing

With Edelkoort Smethurst CPAs LLP, you get the best of both worlds: the knowledge and resources of a national accounting firm coupled with the one-on-one, personal attention that comes from a boutique firm. Businesses and individuals trust us to provide customized solutions to meet their evolving goals because we tailor our services to meet their individual needs.

We are committed to our success, and that’s why we offer several levels of assistance designed around their unique needs and specific budgets.  Our highly skilled professionals deliver efficient and quality work to help our clients take their business to the next level, ensuring we are there for them as much or as little as they need by customizing a specific service level.

Contact Edelkoort Smethurst CPAs LLP For Trusted Review Engagement Services in Burlington and Halton Region

Edelkoort Smethurst CPAs LLP in Burlington delivers expert review engagement services to small and mid-sized businesses in Burlington, Halton, and across Ontario.  Our highly skilled Chartered Professional Accountants are committed to providing exceptional business assurance services that ensure your company remains compliant while monitoring your business’s financial health. To speak with one of our knowledgeable Chartered Professional Accountants, please contact us online or by telephone at 905-517-2297.