Financial Statement Preparation
Financial statements are prepared for a number of reasons including obligations imposed by the Income Tax Act 2004 and the Companies Act 1993. These place certain requirements on businesses to provide annual financial statements.
To help fulfill these needs we can assist with the preparation of financial statements for all entities in the most tax efficient manner. Call us now at 636-717-6588
Review and Compilations
Look to Us for All of Your Reporting Needs, No Matter How Small
You have assurance needs that don't require an audit. We can provide reviews and compilations that are less in scope than an audit. Typically, we provide these services to smaller, closely held businesses where the assurance provided to third parties as a result of the audit process are not required.
Our Approach
We perform compilations and review services in accordance with the Statements on Standards for Accounting and Review Services issued by the American Institute of Certified Public Accountants.
A compilation is limited to presenting in the form of financial statements information that is the representation of management.
A review goes a step further than a compilation. In addition to inquiries of company personnel, we perform analytical procedures applied to financial data.
Both engagements are substantially less in scope than an audit performed in accordance with generally accepted audit standards. However, we will prepare formal reports explaining our responsibility for the financial statements.
How You Will Benefit
We have developed formal policies to cost effectively perform a review or compilation engagement and can help you evaluate the best service to fit your reporting needs. Call us now at 636-717-6588.
What do you need from your business tax accountant?
Extensive resources and experience? Personalized service? A fee structure that’s reasonable, easily understandable and delivered with no surprises tacked on at the end of the tax cycle? Dedicated and talented accountants who don’t burn out after each busy season and leave their firms in search of greener pastures? Experts with a broad and deep understanding of tax law and all its implications?
On Point Solutions understands that in today’s business climate, you need a significant level of commitment, service and expertise from your business tax accountant. To meet that challenge, we partner with your organization at every phase of the accounting or auditing process.
On Point Solutions, is committed to helping our clients navigate ever-changing tax laws and compliance issues in a cost-effective, time-efficient and resourceful manner. And we have the proven expertise and experience to create focused solutions for all of our clients’ taxation and auditing challenges.
- Individual Returns
- Corporate Returns
- Non Profit Returns
- Partnership Returns
- Trust Returns
- Sales / Use Tax
- IRS Audit Support