Assurance & Auditing
Audits, reviews and compilations tailored to your business.
Engagements
Our firm provides three levels of assurance engagements: audits, reviews, and compilations. Our approach enables us to provide you with financial information in an efficient manner delivered with excellent customer service. We discuss your needs with you to determine which engagement suits you best.
Audit Engagements
Audited financial statements have the highest level of assurance. Organizations that require audited statements typically receive government funding or have investors who require an audit because of their investment.
An audit provides you with the assurance that your statements are presented fairly in all material respects. Our team works with you to plan and execute an audit efficiently while ensuring all statutory deadlines are met.
Review Engagements
Reviews have limited assurance where we determine if the information is plausible. To determine whether it is plausible or not, accountants use inquiry, analytical procedures, and discussions with management. Review engagements are normally required when credit agreements are in place or being applied for.
Compilation Engagements
Compilations have no assurance and involve preparing financial statements where our firm relies on the information provided to us by management. Compilations are the most common engagements which
are used by management to view the results of the organization and to complete tax returns. Compilations may be used by financial institutions when deciding on approving your company for a loan.
Resources & Downloads
Serving Hamilton and beyond
We work with satisfied clients across southern Ontario, from Toronto to Niagara. No matter where you're located, we are sure to offer a service your business would benefit from. Some areas we serve:
Beamsville
Brantford
Burlington
Caledonia
Cambridge
Dundas
Grimsby
Halton Hills
Hamilton
Kitchener
Milton
Mississauga
Niagara Falls
Niagara-on-the-Lake
Oakville
St. Catharines
Waterdown
Waterloo
Let's get started
Find out how KLP's services can help you keep your business' finances organized.