At CLBN, we offer compilation engagements to help you organize and present your financial data effectively. Whether you need financial statements for internal purposes or to meet Canadian GAAP standards, our experienced Chartered Professional Accountants (CPAs) ensure your documents are clear, accurate, and tailored to your business needs.
What Is a Compilation Engagement?
A compilation engagement is when a CPA assists in preparing a financial statement for your company using the data you provide. Unlike major corporations that prepare financial records using the Generally Accepted Accounting Principles (GAAP), a compilation doesn’t have to adhere to these standards. GAAP, based on the International Financial Reporting Standards (IFRS) in Canada, ensures that financial statements are standardized and easy to understand.
While this standardization benefits accountants and investors, it can be challenging for small business owners. At CLBN, our Chartered Professional Accountants (CPAs) have experience compiling financial statements, balance sheets, and other important documents, whether for internal use or in accordance with Canadian GAAP.
Why Choose CLBN as Your Vancouver Accountant for Compilation Engagements?
If you’re interested in getting a compilation engagement at your company, CLBN is here to help. Our clients come to us from around the world because of the quality of our services and our exceptional experience.
Industry Experience
Our accountants have worked in the industry for more than two decades. We’ve helped businesses with all types of compilation engagements.
Fast Turnaround
We quickly assess financial data for each company's compilation engagement, providing timely results that help businesses track progress and financial goals.
Exceptional Results
Thanks to our background with the Big Four, we have experience creating top-quality financial statements.
Reasonable Prices
Many small businesses are operating on a shoestring budget, so they need realistic costs and a reasonable price structure.
How a Compilation Engagement Can Help Your Organization
By getting a compilation engagement completed by an expert accountant in Vancouver, your company can company benefit in a few important ways:
- Access financial information quickly.
- Get independent evaluations of your financial data.
- Avoid spending extra money on an audited statement.
- Give financial institutions an overview of your financial statements.
- Use the compilation engagement for internal purposes, like financial planning and budgeting.
If you’re interested in getting compilation engagement services, our accounting firm can help. At CLBN, we have years of experience in helping clients throughout the region. With assistance from a CPA at CLBN, you can get the compliance engagement you need as quickly and affordably as possible.