financial statements

GBA’s accountants can help guide you through the financial statements best suited for your business. Whether you require a compilation of financial information for tax purposes, audited or reviewed financial statements for lenders or insurers, we have the expertise to provide you with all Canadian GAAP reporting requirements.

Should you require a small segment of your overall business audited for financial statement purposes or Special Purpose Financial Information – GBA has your back.

What type of financial statements can GBA provide?

  • Compilations
  • Review Engagements
  • Audit Engagaments

When is a compilation of financial information appropriate or required

Compilations can be used in several situations:

  •  When applying for bank loans/credit
  •  Annual reporting to owner(s)
  •  Investors in corporations
  •  Selling a business
  • Income tax filing(s)

How much does a compilation of financial information cost?

The cost of a Compilation of Financial Information varies depending on the scale of your business, and whether we have to prepare statements for multiple years of financial records at one time. It’s best to schedule a call with us to determine when a Compilation should be prepared, and how often, in order to save time and money in the future.

Review or audit of financial statements

A review or audit of your financial statement provides assurance that your business’ financial statements are in compliance with generally accepted accounting principles. When preparing a review or audit of your financial statements our highly experienced team of accountants not only satisfy stakeholder requirements, but also add value to your company as a whole. The engagement can provide significant insights to areas of opportunity and highlight those that require improvement.

How much does a review or audit of financial statements cost?

We don’t have a one-size fits all approach, rather we customize our pricing to your business’ size and needs, and price accordingly.

What You Can Expect From GBA

Timely Responses

  • Your call is answered by a live team member
  • You will receive a response to your question within 24 hours
  • You will always have accessibility to someone on your dedicated team

Fixed Fees

  • No surprise invoices – all our fees are fixed and agreed upon before any work begins
  • Enroll in our monthly payment options to optimize the cash flow of your business
  • Our work and fees are covered by our unconditional, money back guarantee

Reduce Audit Fee Risk

  • Our tax team are specialists in defending you and your business against CRA audits
  • We provide proactive protection against audits through the GBA Fee Waiver program
  • Optional – It’s your choice to participate

Frequently Asked Questions


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