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- 1965 Britannia Rd W, Mississauga L5M 4Y4 Ontario, Canada
- corporateaffairs@ihcpa.ca
- +1 (647) 564-9666
- +1 (647) 870-6670
- +1 (825) 772-2446
- Mon – Sat: 9:30 am – 6:30 pm, Sunday: CLOSED
Accurate and Compliant Notice to Reader Engagements for Your Business
IHCPA provides structured and compliant notice to reader engagements for corporations and sole proprietorships. These statements are prepared using financial information supplied by management and formatted according to CPA Canada standards. While no audit or review is performed, our accountants apply professional judgment to ensure the presentation is accurate and complete.
Our notice to reader engagements are suitable for businesses seeking formal financial statements for tax filing, loan applications, or internal performance assessments. We deliver reports that meet professional and regulatory expectations, ensuring transparency and accountability across your organization Contact us today to learn how our notice to reader engagements can support your business’s compliance and reporting needs.
Professional Compliance
Our notice to reader engagements ensure your financial statements meet CPA Ontario and CRA reporting requirements. Each report follows professional accounting standards for reliability and consistency.
Simplified Financial Reporting
We help you maintain accurate and organized statements without the complexity of audits or reviews, offering a straightforward way to present financial data for various purposes.
Support for Banking and Loans
Banks and lenders commonly request notice to reader statements. Professionally prepared reports strengthen credibility and support financing applications.
Clear Record-Keeping
Every financial document under our notice to reader engagements is formatted and reconciled properly, creating dependable records for future reference, taxation, or internal review.
Compilation of Financial Information
The foundation of every notice to reader engagement begins with compiling financial data provided by management. This process involves organizing and presenting all relevant information without expressing assurance or opinion. Our team ensures accuracy, structure, and compliance with presentation standards.
We carefully review financial data, verify arithmetic accuracy, and ensure the format aligns with CPA Canada requirements. This compilation provides a structured view of your financial performance while maintaining the integrity of your original records. It is an efficient method for presenting business performance to stakeholders and regulators.
- Organization of client-provided data into formal statements
- Formatting aligned with CPA Canada standards
- Verification of arithmetic consistency and accuracy
- Presentation suitable for external and internal use
- Clear documentation for CRA compliance
Preparation of Financial Statements
We prepare financial statements that reflect your company’s financial position at year-end, including a balance sheet, income statement, and statement of retained earnings. Each statement is prepared using management’s information and aligned with CRA and CPA Ontario standards.
Our accountants ensure all figures are properly categorized, formatted, and balanced. The completed statements provide an accurate reflection of your financial results and offer confidence to stakeholders reviewing your records.
- Preparation of balance sheet, income statement, and equity summary
- Verification of correct classification of accounts
- Compliance with CRA and CPA Ontario guidelines
- Professional presentation with accountant signature
- Ready-to-file documentation for year-end submissions
Tax Filing and CRA Support
Our notice to reader engagements extend to CRA tax filing and compliance support. The financial statements we prepare serve as the foundation for your corporate T2 return and related submissions.
IHCPA ensures your information is structured according to CRA requirements, minimizing discrepancies during reviews. We also support clients during inquiries by providing reconciled documentation and organized reports that demonstrate accuracy and compliance.
- Preparation of year-end reports for corporate tax filing
- Reconciliation of tax accounts and adjustments
- Documentation for CRA audits or inquiries
- Accurate presentation of income and expenses
- Consistent filing support for federal and provincial returns
Management Reporting
Our notice to reader engagements provide insights that go beyond compliance. Management can use these reports to assess profitability, monitor expenses, and strengthen financial strategy. We prepare statements that are easy to interpret and suitable for internal decision-making.
We help business owners understand key financial metrics such as margins, debt levels, and revenue patterns. These insights support operational planning and allow leadership to make informed adjustments throughout the fiscal year.
- Readable, well-organized financial summaries
- Identification of business performance trends
- Insights to improve financial planning
- Consolidated reports for internal use
- Framework for periodic business reviews
Professional Presentation and Delivery
Every document is formatted professionally for internal and external use. We ensure clarity in layout, document structure, and financial statement labeling, along with proper certification under our firm’s name.
IHCPA delivers finalized reports ready for submission to banks, investors, and government agencies. Each statement reflects professionalism, compliance, and credibility.
Accurate and Reliable Financial Statement Preparation Services for Growing Businesses
IHCPA offers structured and transparent financial statement preparation services that meet CPA Canada and CRA standards. We help businesses maintain accurate financial records that reflect real-time performance and long-term stability. Our accountants prepare comprehensive financial reports that support decision-making, audits, and stakeholder confidence.
Contact us today discuss how we can streamline your financial reporting process with dependable results.
Enhance Compliance Accuracy
Reduce audit risks and maintain financial transparency with our financial statement preparation services that strictly follow CPA Canada and CRA standards.
Strengthen Decision-Making
Gain clear financial visibility to support budgeting, forecasting, and strategic planning with accurate, data-driven statements.
Improve Credibility with Stakeholders
Build trust with investors, lenders, and partners through professionally prepared financial statements that demonstrate accountability and stability.
Simplify Audit and Tax Preparation
Ensure organized records and reconciled accounts that make annual audits and tax filings efficient, accurate, and fully compliant.
Balance Sheet Preparation
Our financial statement preparation services include detailed balance sheets that accurately present assets, liabilities, and shareholder equity. Each report is developed with attention to accounting principles and compliance with CPA Canada standards.
We review your accounts to ensure all information is reconciled, verified, and clearly documented. The balance sheet provides a transparent snapshot of your company’s stability and financial structure, making it valuable for banks, investors, and internal review.
- Detailed breakdown of assets and liabilities
- Verification of retained earnings and equity accounts
- Review of fixed assets and depreciation
- Adjustment of journal entries and reconciliations
- Validation of working capital position
Income Statement Preparation
An income statement summarizes revenues, expenses, and net income over a specific period to outline your company’s financial performance. It helps business owners, investors, and lenders understand profitability and operational efficiency. This statement is essential for identifying performance trends, evaluating business health, and ensuring accurate reporting for both internal and external stakeholders.
Our financial statement preparation services include precise income statement preparation that ensures accuracy and compliance with CRA and CPA Canada standards. We organize and verify income and expense data, categorize transactions correctly, and prepare clear, comprehensive reports that reflect your company’s true financial position. Our team also helps you interpret key figures, uncover performance insights, and plan for future growth based on reliable financial information.
- Analysis of revenue and direct costs
- Classification of operating and non-operating income
- Review of payroll, rent, and administrative expenses
- Calculation of gross and net income
- Preparation of period-over-period comparisons
Cash Flow Statement Preparation
A cash flow statement provides a clear picture of how cash moves through your business—showing where money comes from, how it’s spent, and what remains available. Our financial statement preparation services include clear cash flow statements that track the movement of funds through your operations. These reports help business owners understand liquidity, assess operational efficiency, and manage cash effectively.
We prepare structured statements that categorize inflows and outflows across operating, investing, and financing activities, enabling management to assess how effectively the business generates and uses cash.
- Segregation of cash inflows and outflows
- Reconciliation with balance sheet accounts
- Identification of non-cash adjustments
- Analysis of liquidity trends
- Presentation of net cash position
Statement of Changes in Equity
The statement of changes in equity outlines how a company’s ownership value evolves over a specific accounting period. It details movements such as retained earnings, dividends, capital injections, and share buybacks—showing how these factors affect shareholders’ equity.
At IHCPA, we prepare accurate statements of changes in equity that align with CPA Canada standards and CRA reporting requirements. We analyze your retained earnings, dividends, and capital contributions to present a clear picture of equity activity. Each report supports corporate governance, investor confidence, and compliance, ensuring your financial records reflect the true position of your business ownership.
- Reporting of retained earnings and dividends
- Documentation of new share issues or buybacks
- Alignment with tax and audit documentation
- Review of equity-related journal entries
- Summarized presentation of ownership changes
Notes and Disclosures
Every financial statement requires accompanying notes and disclosures that explain accounting methods, assumptions, and additional details. IHCPA’s financial statement preparation services include complete disclosure preparation that meets audit, compliance, and reporting requirements. These notes provide clarity, context, and explanation for key financial data, ensuring transparency for readers and stakeholders.