doing your taxes

Review Engagement Services

A review engagement provides limited assurance that the financial statements conform to generally accepted accounting principles by performing limited procedures, such as discussion with members of management and an analysis of the financial information, in order to conclude that the financial statements as a whole are free from material misstatements.

Depending on the size of your credit facility, a review engagement will often provide a sufficient level of assurance to satisfy a lender, while giving you insights into the financial information of your company.

Our financial statement review services not only help you stay on top of your financial situation but also provide actionable insights to drive growth and profitability. With our customized approach, we focus on addressing the specific challenges you face, while identifying opportunities for improvement. Let our expertise guide you towards a financially stable and prosperous future.

Should I settle for the bare minimum?

As an owner of a private company involved with day-to-day operations of your business. If you just need financial statements completed and corporate tax return prepared, you are good with compilation of financial information. However, if the financial statements are required by a third party, such as a lender or potential investor, they most likely require a review or audit to be performed.

Although the minimum requirements would work for your business, there are several benefits to have your financial statements reviewed.

Review provides a snapshot of your business risks, highlights ways you could improve your business record keeping and identify areas that are vulnerable for fraud.

It also provides peace of mind to third party users that your business has taken appropriate steps to improve operations and your financial information is what it appears.

When is a financial statement review necessary?

In a review engagement we provide limited assurance through enquiry and analysis. A financial statement review engagement typically takes places for the following reasons.

  • Banks and potential investors may request a review of your financial statements completed.
  • Statutory requirements
  • Compliance or Partnership Agreements
  • Professional/Industry Association Requirements
  • Due diligence, or for peace of mind

Get Peace of Mind.

Gain valuable insights into your financial health and make informed, data-driven decisions to drive success.

Make Informed Decisions

Assurance engagements, such as reviews or audits, increase the trust of intended users in financial statements. This trust is primarily linked to whether the financial statements are free from significant inaccuracies or omissions. These inaccuracies or omissions are considered significant if they could affect the economic decisions of users based on the financial statements, either alone or when combined.

Incorporate a business

Soleimani Accounting Can Help

Soleimani Accounting CPA is dedicated to helping businesses and individuals in Vancouver, thrive in today’s competitive market. With our expert financial statement review services, you gain a comprehensive understanding of your financial health, allowing you to make informed decisions that promote success. Our experienced team ensures that your financial statements are accurate, compliant with Canadian tax laws, and optimized for growth. Don’t let financial uncertainty hold you back—partner with us and experience the difference expert advice and tailored solutions can make for your future.

Client Testimonials

We have been working with Mona Soleimani for over 5 years now. Our business is not a typical business and from day one Mona was able to competently manage all our accounting needs. We are fortunate to have Mona work with us as she is professional, knowledgeable and is very efficient, allowing us to concentrate on other aspects of our business knowing that the accounting side is well managed.

DARLENE SELIGMAN, Vice President @ ARKTOS Developments Ltd

Mona Soleimani is a highly skilled accountant who has added much value to Skills Canada BC. Not only has Mona excelled at setting up financial reporting systems for us, Mona has helped the organization save money and maximize revenue opportunities along the way.

ELAINE ALLAN BA. MBA , Executive Director, Skills Canada BC

Soleimani Accounting, Chartered Professional Accountant, provides first class accounting services with the highest integrity. As a new technology start-up company they have worked hard to get all our finance infrastructure set up and ready as we launch the our new company. Thank you for your continuing great service.

MICHELLE MOLLINEAUX, Co-Founder & CEO KoolProjects Media

Mona has given me great service at a reasonable price for my small business. She understands the limited resources available to a small company and makes it easy to talk about my goals for my company. I would recommend her to anyone needing a reliable and ethical accountant.

STEPHANIE FROLEK , Making Calm Out of Chaos

Mona is friendly, personable, and very competent accountant. I regularly contact Mona about accounting and tax questions that I come across during my practice and I am always impressed by the breadth of Mona’s knowledge and expertise. I have no hesitation recommending my friends, family and clients to Mona.

L. HAMILL

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