Bouchard & Co provides professional accounting services in Surrey. Our advice helps small and medium-sized businesses maintain accurate business books and accounts. We ensure all your financial reporting needs are met properly.
Financial statements play a vital role in upgrading company’s financial position. These help business owners figure out how well their company is performing over a two-year comparative. If you need a well-developed financial statement, our experts are here to help you.
Depending on the size of your business and its requirements, Bouchard & Co prepares the financial statements with one of the following two levels of reports:
A Notice to Reader compiles clients’ “unaudited” financial information into robust financial statements. A Compilation Engagement is typically suitable for small and medium sized businesses, where ownership is closely held. Once the financial statements are ready, corporate tax return is prepared based on those.
A Review Engagement provides limited assurance that there are no material misstatements in the financial statements. It is appropriate for small to medium-sized businesses. The Review Engagement process must be conducted by a professional accountant, who has adequate knowledge about the industry and business operations. In this process, the client is responsible for the information and must be available for enquires and discussions during the analytical process.