Assurance

Assurance Services

We provide a wide range of assurance-related services to our valued clients. Prior to accepting any engagement, we explain in detail the various options available to our clients to ensure the most appropriate Assurance Service has been chosen by our clients.

• • Financial Statement Audits:
    The highest level of assurance is generally provided through audit engagements. The audits are generally extensive in nature, take more time to perform and are more expensive than other assurance services.

• • Review Engagements:
    Review engagements are generally less extensive than audits and involve performing analytical procedures and making inquiries to ascertain whether the financial statements are plausible. This provides a moderate level of assurance but is not as comprehensive as an audit. A Review Engagement is generally less expensive than an audit engagement.

• • Compilation Engagement reports:
    Some clients do not require an audit or a review engagement nor do they require or need financial statements containing all the required note disclosures. The compiled financial information does not have to be necessarily in accordance with Generally Accepted Accounting Principles.
    At AH CPA Professional Corporation, we are happy to provide compilation services to our clients. Usually, completion services are required by management or a lender when no assurance from the accounting firm is required. A Compilation Engagement report is significantly less expensive than a review or audit engagement.

• • Agreed-Upon Procedures:
    In these engagements, we are hired to carry out specific procedures and report the findings without expressing an opinion or assurance. The procedures are agreed upon by the entity and any third parties involved.
    For example, AH CPA Professional Corporation has been providing special services to major commercial landlords in Canada for their “Tenant’s Sales Examination” needs.  As a leader in this sector, we have performed hundreds of examinations in Canada and United States and have been assisting the landlords with effective and efficient procedures and delivery of these examinations in a timely manner.

• • Future-Oriented Financial Information (FOFI):
    we provide services regarding compilation of Financial Forecast and Financial projection depending on the needs of our clients and their lenders or other stakeholders.