Financial Statements

Tax Court of Canada building
TCC reminds corporate directors to actively consider tax
(authored by RSM CANADA) The Tax Court of Canada released a decision on director liability for unpaid GST and payroll taxes of a corporation.
What kind of engagement report is right for you?
Do you have a newly incorporated company, are you contemplating a business sale or considering obtaining new financing? If so, it’s important to know the different types of engagements offered by your accounting firm, to ensure you receive the information that will best meet your needs. The engagement report provided by your accountant tells the...
New compilations standard - Virtus Group LLP
New Compilations Standard
New compilations standard CSRS 4200 will impact former “Notice to Reader” engagements. Who does this impact? If you have previously had Virtus Group issue a “Notice to Reader” report on a set of financial statements, a new standard issued by CPA Canada will affect our engagement with your company or organization and the appearance of...