External Audit Support
The cost of an external audit or review by an accounting firm can be a major expense for a small or mid-sized company. A combination of a lack of sufficient company internal resources to assist with the audit and overuse of the accounting firm's junior staff can be costly and time-consuming, resulting in an inability to complete an audit or review engagement in a timely manner.
We can provide complete support to reduce this cost and the time consumed by your accounting firm. We can assist in:
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Preparing financial statements with notes disclosure as required by the applicable reporting standards, including IFRS and ASPE
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Negotiating a reduced fee with your accounting firm
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Understanding their requirement and providing documentation exactly as required
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Responding to their accounting related inquiries
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Attend all meetings, discuss proposed accounting adjustments and follow up on all audit or review-related matters
