Financial statements in Scarborough, Ontario
Compiled, reviewed and year-end financial statements for lenders, investors and the CRA.
Financial statements for small business in Scarborough
Financial statements tell the story of your business. We prepare year-end statements that satisfy banks, investors and tax authorities, and give you a clear look at how you are doing.
From Agincourt and Malvern to Guildwood and Morningside, we support small retailers, restaurants, service providers and import businesses with the right books, HST filings and payroll.
Depending on your needs, we prepare compilation engagements (Notice to Reader) or review engagements under Canadian standards. Statements follow ASPE, the accounting standards used by most private companies.
We also prepare interim statements, budgets and forecasts to support loan applications or planning.
What is included in financial statements in Scarborough
- Year-end financial statements
- Notice to Reader compilations
- Review engagements
- Interim and quarterly statements
- Budgets and forecasts
- Bank and lender packages
Serving all businesses in Scarborough
- Corporations that need year-end statements
- Owners applying for financing
- Businesses reporting to investors
- Owners preparing to sell
Want the full picture? Read more about our financial statements service or see everything we offer in Scarborough.
How it works
A simple process from first call to finished work.
- 1
Free consultation
Tell us about your situation by phone, video or the contact form. We listen first and ask the right questions.
- 2
A clear plan and quote
You get a plain-language scope of work and a fee quote before anything starts, so there are no surprises.
- 3
We do the work
We prepare, file and reconcile everything, and you review a clear summary before it goes to the CRA.
- 4
Ongoing support
Questions in March or September are welcome. We stay available all year, not just at tax time.
Other services in Scarborough
Personal income tax in Scarborough
T1 tax returns for individuals, families, students, seniors and newcomers, filed accurately and on time.
Learn more
Corporate tax in Scarborough
T2 corporate returns and year-end tax planning for Canadian-controlled private corporations.
Learn more
Self-employed tax in Scarborough
Tax returns and expense tracking for freelancers, contractors, gig workers and sole proprietors.
Learn more
Non-resident tax in Scarborough
Canadian tax filings for non-residents with rental income, property sales or other Canadian-source income.
Learn more
US and cross-border tax in Scarborough
US tax returns and cross-border planning for US citizens, green card holders and Canada-US businesses.
Learn more
Real estate tax in Scarborough
Tax filing and planning for landlords, investors, flippers, builders and home sellers.
Learn more
Financial statements in Scarborough: FAQ
Quick answers to what people ask us most.
Do you offer financial statements in Scarborough?
Yes. We provide financial statements to individuals and businesses in Scarborough and Toronto. You can meet with us by phone or video and share documents securely online. Call (647) 527-4970 to get started.
What is the difference between a compilation, a review and an audit?
A compilation presents your information with no assurance. A review gives limited assurance through inquiry and analysis. An audit gives the highest level of assurance through detailed testing. The right level depends on who needs the statements.
Do I need financial statements for my tax return?
A corporate T2 return generally includes financial statement information, so yes, statements are prepared as part of the filing.
Can you prepare statements for a bank loan?
Yes. We prepare lender-ready statements and supporting schedules, and we can add forecasts to support your application.
How much does financial statements cost in Scarborough?
Fees depend on the scope and complexity of your situation. After a free consultation we give you a clear quote before any work begins.