Compilation Engagement Service

Accurate Financial Statements for Compliance & Business Growth

Need a Notice to Reader (NTR) financial statement for your business? We provide professional compilation engagement services that ensure your financial records are accurate and ready for stakeholders, investors, and lenders.

Financial Statement Preparation – Clear, accurate reports for business decision-making.
Lender & Investor-Ready Statements – Meet financial requirements for loans or funding.
CRA & Compliance Assurance – Ensure proper tax reporting with accurate data.

Benefits of Compilation Engagement Services in Canada

Provides Clear & Organized Financial Statements

A compilation engagement ensures that financial data is accurately compiled into clear, organized financial statements, helping business owners make informed decisions.

Enhances Credibility with Banks & Investors

Lenders, investors, and financial institutions often require financial statements for loan approvals, funding applications, and investment decisions. A CPA-prepared compilation report enhances credibility and trust.

Saves Time & Reduces Costs

Unlike audits or review engagements, a compilation engagement is more cost-effective and faster, making it a practical solution for businesses that need financial statements without in-depth verification.

Ensures CRA Compliance & Tax Filing Accuracy

Having properly compiled financial statements simplifies corporate tax filings and ensures compliance with the Canada Revenue Agency (CRA), reducing the risk of errors and audits.

Helps with Business Planning & Decision-Making

Accurate financial statements provide valuable insights into cash flow, expenses, and profitability, enabling businesses to plan for growth, manage budgets, and improve financial performance.

Supports Corporate Governance & Internal Management

For corporations and partnerships, a compilation engagement provides transparent financial reporting, helping business owners, partners, and stakeholders track performance and ensure sound governance.

Simplifies Financial Reporting for Small Businesses

Many small businesses and sole proprietors do not require a full audit or review engagement. A compilation report meets basic financial reporting needs without unnecessary complexity.

Why Choose Our Compilation Engagement Service?

MZA CPA

Who Can Benefit from Compilation Engagement Services?

Don’t leave money on the table! Book your consultation today.

Frequently Asked Questions For Personal tax service

No, in Canada, a compilation report must be prepared by a Chartered Professional Accountant (CPA) or a firm licensed by a provincial CPA body.

  • An engagement letter.
  • An understanding of the client’s business and financial reporting framework.
  • The use of the CPA Canada Handbook – Accounting.
  • A properly prepared Compilation Engagement Report.
  • Financial information compiled based on information provided by management without assurance

The cost of a CPA compilation in Canada typically ranges from $500 to $2,500, depending on the complexity of the financial information and the size of the business.

No, in Canada, only a CPA or a licensed firm can perform a compilation engagement and issue a Compilation Engagement Report as per CPA Canada standards.

In Canada, only a Chartered Professional Accountant (CPA) or a licensed CPA firm can prepare and issue a compilation report.