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At Falcona Finance, we specialize in providing thorough financial audits and review services aimed at assessing the accuracy of your financial records. Our team ensures your financial statements comply with Canadian regulations and identifies areas where improvements can be made in your financial reporting and internal controls. Whether you're preparing for growth, securing investments, or simply ensuring compliance, our audit services are a key part of your financial health.
Our full financial audit services provide a comprehensive examination of your financial statements. We assess the accuracy of your financial reporting, test the effectiveness of your internal controls, and ensure that your records are in compliance with Canadian Accounting Standards. This rigorous audit provides the transparency and assurance that investors, lenders, and other stakeholders expect.
In a review engagement, we perform a limited examination of your financial statements, providing assurance that they are free from material misstatement. While not as in-depth as a full audit, this service still offers a level of reliability and helps ensure compliance with regulatory standards. Review engagements are typically used by smaller companies or businesses requiring a less rigorous review than an audit.
We provide detailed analysis of your financial statements, looking beyond the numbers to identify key trends, potential risks, and opportunities for improvement. Our financial statement analysis service helps you make informed decisions, ensuring that your business stays on track for long-term success and growth.
Our internal controls assessment evaluates the effectiveness of your company's financial processes and systems. We identify weaknesses or inefficiencies in your internal controls, providing actionable recommendations to help prevent fraud, errors, and mismanagement, ultimately strengthening your business's financial integrity.
Compilation engagements involve the preparation of financial statements based on the information provided by your company. This service does not include a formal audit or review, but it ensures your financial records are presented in accordance with accounting standards. It is ideal for smaller businesses or startups that need basic financial reporting for internal purposes or to meet regulatory requirements.