Audit and Assurance Services:
Providing full-scope Audit and Assurance services including Audit, Review, and Compilation services for growing Canadian small and medium businesses and not-for-profit organizations.
At Jani CPA, we partner with growing Canadian small and medium-sized businesses and not-for-profit organizations to help them with meeting their financial statement compliance requirements through the performance of a year-end financial Audit, Review, or Compilation (NTR) engagement.
With advancements in technology and the way we do business, our global economy is constantly changing.
We stay current with these changes, including the many new regulatory and legislative developments and the constantly evolving accounting standards – Accounting Standards for Private Enterprises (ASPE); International Financial Reporting Standards (IFRS) or Accounting Standards for Not-For-Profit.
We are committed to developing a strong relationship, as we help you navigate and make sense of upcoming accounting complexities, changes, and risks. And, most importantly, we take the time to help you understand the details.
Through our Audit, Review, and NTR services, our goal goes beyond meeting your assurance and compliance needs.
We will take it a step further by providing you with additional business insights, important findings, and transformation solutions to help your organization operate more effectively, make better decisions and act on trends to grow your business.
Audit: Third-party inquiries + controls testing + detailed testing = highest level of Assurance for users of Financials
Review: Inquiries with management + understanding of the business + analytical procedures = Limited level of assurance
Compilation (Notice to Reader) – Documents provided by management + professional skepticism = No assurance
The length of an audit (review) can vary depending on the size of the company and whether there are necessary preparations made, but on average, an audit (review) takes about 4-8 weeks (2 -4 weeks) to complete.
Book a free consultation with our assurance team for more information.
"You have to understand accounting and you have to understand the nuances of accounting. It's the language of business and it's an imperfect language, but unless you are willing to put in the effort to learn accounting - how to read and interpret financial statements - you really shouldn't select stocks yourself."
-Warren Buffett