Our team approaches the audit or review of our client’s financial statements with a solid knowledge of our client’s business practices, operations, and industrial sector. We have an in-depth understanding of evolving accounting practices and changes in the regulatory environment. We provide an integrated plan that allows identification of new and emerging risks, and assesses the effectiveness of your internal controls.

Our assurance plan is focused on the highest-risk areas, based on factors inherent in the organization, knowledge that we may have of the operations and the concerns of management.

We obtain a general understanding of the control environment for each material transaction type, including main transaction streams and the significant accounting procedures and policies, and management’s attention to control issues.

Analytical review procedures are used, consisting of analysis and comparison of figures, trends and ratios that are related to particular account balances and specific potential errors.

Substantive tests of account balances are used to confirm that transactions are accounted for in accordance with defined accounting policies, material assumptions used to determine significant estimates are both data-supported and reasonable, and account balances and other financial measures are fairly presented in accordance with Canadian Generally Accepted Accounting Principles.

Our audit or review level assurance report to the shareholders is provided in accordance with Canadian Generally Accepted Audit or Review Standards.