Corporate Tax Returns

 Notice to Reader (NTR)
We compile the data received from the client or the client’s bookkeeper to assemble into financial statements for corporate tax returns. The engagement scope for NTR only determines that the information is not materially misstated. Our financial statements report includes;

• The business balance sheet and income statement
• A caution to the readers of the statements that they may not be applicable for their use
• The Certified Professional Accountant (CPA) who prepared the report  
• When necessary, notes are accompanied with the financial statements
• Corporate T2
• Draft resolutions, if required

Review Engagement
The purpose of a Review Engagement is to provide to the reader a limited assurance that the small business financial statements do follow ASPE (Accounting Standards for Private Enterprises). The procedures carried out are examination, comparison and discussion. Although there may be small errors, the results found ensure they do not affect the overall position of the financial statements.
Three reasons a review engagement is most often requested

1. Requested by a Lender
2. Multiple owners have shares in the corporation and each is requesting assurance the financial statements have been objectively reviewed and assessed
3. Not For Profit organization
4. We tailor each tax return in order to meet the needs that are best for the individual or small business owners. Our focus is to make sure your tax return is accurate and completed within a timely manner.