Assurance & Financial Reporting
Assurance provides confidence in financial information for stakeholders such as owners, boards, lenders, regulators, and prospective investors.
We support clients with:
- Independent assurance engagements (Audit, Review, Attestation/AUP)
- Compilation engagements (Compilation / Notice to Reader)
- Financial statement preparation and reporting support under the applicable framework (ASPE, ASNPO, IFRS or GAAP)
- Liaising with management and stakeholders to align reporting with business and compliance needs
Below are our core services in this area.
Audit
An audit provides reasonable assurance and is typically required by regulators, lenders, shareholders, funding agencies, or governance policies. Audit engagements involve a higher level of work and evidence-gathering to support the audit opinion.
Audit services typically include:
- Planning and risk assessment tailored to your operations
- Testing and evaluation of key processes and controls (as applicable)
- Substantive audit procedures and evidence-based conclusions
- Audit report and communication of observations to management/those charged with governance
Best for: organizations with external reporting requirements, stakeholder reliance, regulated environments, or stronger assurance needs.
Review
A review engagement provides limited assurance through inquiry, analysis, and discussion, without the extent of testing performed in an audit. Reviews are commonly used for lender reporting, shareholder reporting, or governance needs when an audit is not required.
Review services typically include:
- Analytical procedures and inquiry-based procedures
- Discussions with management to understand variances and key risks
- Review report and recommendations where appropriate
Best for: organizations seeking credibility over financial information with a practical and cost-effective level of assurance.
Attestations & Agreed-Upon Procedures
Attestation engagements and Agreed-Upon Procedures (AUP) engagements are designed for specific reporting needs, often tied to contracts, regulators, funders, or internal governance requirements.
Common examples include:
- Compliance reporting to funders or regulators (as applicable)
- Targeted testing on specific accounts, metrics, or processes
- Contractual or reporting requirement testing where procedures are pre-agreed
- Reporting on factual findings (AUP), based on the procedures performed
Best for: situations where stakeholders need comfort on a specific area, not a typical audit or review, but a customized set of procedures.
Compilation / Notice to Reader
A compilation engagement (formerly known as a Notice to Reader) supports management in preparing financial information and a compilation engagement report in accordance with CSRS 4200, when requested by management or a third party.
Compilation services typically include:
- Assembling financial information provided by management
- Formatting financial statements and related information as applicable
- Compilation engagement report issuance under CSRS 4200
Best for: internal use, tax filing support, or third-party requests where assurance is not required.
Financial & Management Reporting Support
Not every organization needs an assurance engagement but many still need strong reporting to support decision-making, financing, governance, and growth.
We support clients with:
- Financial statement preparation and reporting support under ASPE, ASNPO, IFRS, and other relevant GAAP (as applicable)
- Period-end and year-end financial reporting packages
- Management reporting (KPIs, dashboards, variance analysis) as agreed
- Reporting readiness support for financing, stakeholder reporting, or growth-stage needs
- Technical reporting support for new or evolving transactions (as applicable)
Best for: organizations that want clearer, more reliable reporting and stronger finance function outputs without necessarily requiring an audit or review.
How we work
- Understand requirements – stakeholders, deadlines, reporting framework, and risk areas
- Plan and execute procedures tailored to your needs and the engagement standard
- Communicate early – issues and adjustments are discussed promptly, not at the end
- Deliver – clear reporting, clean documentation, and practical next steps
Next step
Tell us what level of assurance or reporting support you need (audit, review, AUP/attestation, compilation, or reporting support), and we’ll recommend the right approach based on your stakeholders, deadlines, and business stage.