Our Services

Audit Engagements

Professional audit services designed to provide reliable financial assurance.

Overview

Independent Assurance You and Your Stakeholders Can Rely On

An audit provides the highest level of assurance available on financial statements. In an audit engagement, we obtain sufficient appropriate evidence to express an independent opinion on whether your financial statements are presented fairly, in all material respects, in accordance with the applicable financial reporting framework.

Audited financial statements are often requested by lenders, investors, funders, regulators and other stakeholders who need a high degree of confidence in your financial information. Audits are performed in accordance with Canadian Auditing Standards (CAS).

What an Audit Typically Involves

Planning and gaining an understanding of your organization and its environment
Assessing the risks of material misstatement in the financial statements
Testing transactions, account balances and, where appropriate, internal controls
Communicating findings and issuing an independent auditor’s report

Who It Is For

Organizations that are required, or choose, to provide audited financial statements to lenders, investors, funding bodies, regulators or members, or under their governing documents or agreements.

Our Services

Have a Question?

Email us to discuss your needs and how DV CPA Professional Corporation can help.

Working With DV CPA

Why Clients Work With DV CPA

Financial statement engagements are only as useful as the confidence others can place in them. We approach every engagement with care, independence and clear communication, so you know what to expect from start to finish.

Frequently Asked Questions

Audit Engagement FAQs

Answers to common questions about audits of financial statements.

Still Have Questions?

Email us and we will be glad to help with your accounting, assurance or tax questions.

Who needs an audit?

Audited financial statements are often required by lenders, investors, funding bodies, regulators or members, or by an organization’s governing documents or agreements.

What level of assurance does an audit provide?

An audit provides reasonable assurance, which is a high but not absolute level of assurance that the financial statements are free from material misstatement.

Which standards apply to an audit in Canada?

Audits of financial statements in Canada are performed in accordance with Canadian Auditing Standards (CAS).

How is an audit different from a review engagement?

An audit involves more extensive procedures, including testing transactions and balances and obtaining external evidence, and results in an audit opinion. A review consists primarily of inquiry and analytical procedures and results in a conclusion providing limited assurance.

Contact

Let's Talk About Your Accounting Needs

Tell us a little about your situation and the services you are interested in. Email is currently the best way to reach DV CPA Professional Corporation, and we will follow up to discuss how we can help.

Audit Engagements

Independent Assurance You and Your Stakeholders Can Rely On

What an Audit Typically Involves

Who It Is For

Our Services

Have a Question?

Why Clients Work With DV CPA

Audit Engagement FAQs

Still Have Questions?

Who needs an audit?

What level of assurance does an audit provide?

Which standards apply to an audit in Canada?

How is an audit different from a review engagement?

Let's Talk About Your Accounting Needs

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