At Ian Matthew, Chartered Accountant we provide accounting services that can help you grow your business.
These services include:
- Preparation of accounting records and interim financial statements.
- Bookkeeping services
- Development of budgets to assist in the management of your operations.
- Projections and pro-forma statements to assist in presentation to your financial institution.
- Payroll services, including annual preparation of T4’s.
- Provision of controllership services for the small businesses that are not large enough to hire their own controller. What you can measure you can manage. We can help you identify and measure the key performance indicators for your operations.
- Assist with selection of accounting software, along with training for the selected software products.
- Full range of tax services, from year-end compliance reporting to complex corporation reorganizations. Taxation
- Preparation of annual financial statements meeting compliance standards. This can include audited, review engagement or notice to reader reports on financial statements.
Financial Reporting Services
We provide traditional compliance services for our clients to ensure that financial reporting requirements are completed in a manner that meets the regulations and guidelines of the Institute of Chartered Accountants of Canada.
These assurance services include:
A review engagement is the most typical form of assurance report prepared for small and medium sized privately-held companies. A review engagement provides a lower degree of assurance to the users than does an audit. We do not report on the fairness of the financial data but rather focus on whether anything has come to light that would cause us to believe that the financial statements are not in accordance with generally accepted accounting principles.
Our role is to comment on the plausibility of the financial statements by examining information provided by management and comparing it to historical records, analyzing relationship of numbers with current trends within the business and the industry segment in which the company operates (if such information is available). A less substantive approach is taken with regards to obtaining independent evidence to support financial data.
Notice to Reader
A notice to reader report is considered sufficient in those situations when there are no outside users of a company’s financial statements. For example, this could be the case where the company is not required to provide its financial statements to their lending institution for the purposes of obtaining financing. Outside users, including potential purchasers, generally do not place a great deal of reliance upon notice to reader financial statements.