Audit and Review Engagements
When you become a Vine and Partners LLP client, you gain the benefit of timely and thorough financial statements, as well as regular access to our partners and managers. We offer a consistent experience from one fiscal year to the next, gaining in-depth knowledge and insight into your operations and becoming a trusted advisor to your business. We work across a wide range of industries, from start-ups to multi-national companies and have a deep pool of experience to address even the most complex accounting issues.
The core of our accounting services revolves around the issuance of financial statements. These can be issued under a variety of reports such as an audit, review or compilation. Regardless of the report issued, the financial statement is a valuable resource for all of our clients, providing a catalyst for the discussion of performance issues and business strategies for the next fiscal year.
Audited financial statements provide the highest level of assurance and are necessary for a variety of reasons including banking requirements, dealership or franchisor agreements, public company shareholdings, or due to absentee shareholders.
Review Engagement Statements
Review engagements consist primarily of management inquiry and discussion as well as the performance of analytic procedures to determine the plausibility of the financial statement figures. Due to the nature of the testing, a review engagement offers less assurance than an audit but more assurance than a compilation.
Statements prepared under a compilation report offer no assurance. These statements are usually prepared when there are no banking or third party requirements and are typically used by small businesses for tax compliance.
Our team is ready and willing to work with you throughout the financial statement process. Our aim is to be as efficient as possible, minimize the interruption to the important task of running your business, and assist you in tracking and meeting your deadlines.
Vine and Partners provides the knowledge and experience for all accounting and bookkeeping related services. Our Accounting Support Services division has friendly technicians ensuring all records are accurate and client expectations are exceeded.
Whether you are planning to sell, merge, finance or grow through acquisition, the Chartered Business Valuators at Vine have the industry experience and specialized training to expertly value your business and to provide you with the market insight needed to gain an invaluable advantage during important negotiations.
The magnitude of wealth is not determined by what people make, but rather by what they keep. Vine and Partners specialize in helping our clientele preserve and transfer wealth through effective personal tax and estate planning.
Small business is the backbone of the Canadian economy, but experts say that small business owners rarely pay enough attention to business transition planning. In fact, without a transition plan in place, many businesses close instead of being sold or passed on to the next generation.