Financial Statements

Preparation of Annual Financial Statements

Accurate preparation of financial statements is vital for corporations and businesses as there are users who have a vested interest in your financial statements. Financial institutions, and the federal and provincial governments rely upon the financial information that has been prepared for your business. It is extremely important that the financial statements are prepared following sound accounting principles in order to file accurate tax returns, adhere to bank or lender restrictive covenants, apply external financing (NTR), prepare government filings such as payroll in a timely manner, prepare HST or tax returns, and prepare budgets, forecasts, and projections reports for your company. Our tax and accounting firm will ensure that your financial statements are accurate and classified in accordance with GAAP principles.

Notice to Reader (Compilations) Engagement

In a Notice to Reader, the financial statement is compiled from information provided by management or owner. In this report we will be acting as Management Accountants and not as auditors. There is no attempt to audit, review or verify the accuracy or completeness of information. There is a disclaimer indicating that the report may not be appropriate for other purposes. Every page has “Unaudited – see Notice to Reader”.

At Bajwa CPA, we take the time to learn about and understand each client’s business or situation to ensure that we truly meet their needs and provide outstanding professional services. Our goal is to deliver our services in an easy-to-understand manner that is both timely and reliable. For professional services, call us today to book an appointment for consultation to discuss any of your accounting and taxation needs.

About Us

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We wanted individuals, corporations, entrepreneurs, and anyone in between in the GTA to feel like their tax and accounting experts valued their time, money, and desire to live financially secure. We provide personalized solutions for a wide range of accounting needs.

How can we help you?

Ready to get started with Bajwa CPA? Contact us today to discuss how we can help you.