Non Assurance Services
Many areas of professional practice service do not involve assurance. Business advisory, consulting and corporate planning are cornerstone services provided by J. Kromida, Chartered Accountant. Our skills and services offered to our clients go well beyond the traditional auditor / accountant role.
Our professional advisors can assist through;
- Mergers and acquisitions
- Business succession
- International business and trade
- Family and estate planning
- Technology applications
- Business process and reporting controls design and implementation
- Corporate structuring and restructuring
- Finance and capital structures
Compilation
A compilation engagement is used generally for internal management reporting and for tax compliance. Management chooses a compilation engagement normally when third party stakeholders have limited or no involvement or need for complex reporting and presentation standards. The accountant simply compiles the information provided by management into a financial statement that is suitable for the purpose intended. This engagement is often all that is required by smaller owner managed business and is less expensive than a review or an audit.
