Morrison Dom has the expertise and experience to help our clients with the preparation of business financial statements in throughout North Shore and Metro Vancouver region.

With our reliable and accurate financial statement preparation services we make it easy for everyone to understand exactly what the numbers mean. Well prepared, easy to interpret financial statements make it easier to make important business decisions for the future.

How do I tell if I need business financial statements?

Professional and accurate business financial statements are often required by the to file tax returns (personal, corporate and trust), plan and determine tax liabilities and support business decisions.
We can prepare Vancouver business financial statements for all types of groups and users including:

• Managers
• Business owners
• Banks
• Creditors

In many jurisdictions business financial statements (income statement and balance sheet) are required by law for most corporations.
If your company is incorporated in Vancouver, you can learn more about business financial statements in Vancouver by following this link:

https://www.fin.gov.on.ca/en/bulletins/ct/4002.html NOT CORRECT LINK!!!

Determining the appropriate level of reporting

Our professionals can help determine what the appropriate level of financial reporting your business may require.
We determine this through many factors, including gathering as much information about your company, its operating environment, strengths and weaknesses. The client’s needs as well as the needs of other users of the financial statements are taken into account as well.

Audit Engagement Report

An audit engagement report provides the highest level of assurance on financial statements of a business. It is a methodical review and objective examination of the business financial statements. During the auditing process we review:

• Internal controls
• Test selected transactions
• Communicate with third parties

Based on these findings, the chartered accountant firm issues a report on whether the business financial statements are fairly stated and free of material misstatements.

Review Engagement Report

The review engagement report provides a moderate level of assurance (and provides no opinion) on business financial statements in Vancouver. Our Chartered Accountants gather sufficient evidence and follow strict procedures upon which to form a negative form of communication regarding whether the information being assured is fairly presented.

Notice to Readers

Notice to Readers are business financial statements prepared without audit or review. As Chartered Accountants in North Vancouver we compile business financial statements for clients and present information that is a “representation of management” and expresses no opinion or assurance on the statements.