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  • Empower Your Business with Rock-Solid
    Assurance Services

    Are your financials ready to face the scrutiny of stakeholders or the Canada Revenue Agency (CRA)? Our expert assurance services at Online Accountant provide small businesses across Canada with the confidence, compliance, and clarity needed to succeed. Let's build a foundation for your financial future!

Empower Your Business
with Rock-Solid
Assurance Services

Are your financials ready to face the scrutiny of stakeholders or the Canada
Revenue Agency (CRA)? Our expert assurance services at Online Accountant
provide small businesses across Canada with the confidence, compliance, and
clarity needed to succeed. Let’s build a foundation for your financial future!
Book a Free Consultation

Is Assurance a Game-Changer for Small Businesses?

Starting and operating a small business in Canada requires business owners to overcome various obstacles which include precise financial documentation and regulatory compliance with CRA alongside establishing trust with funding parties. Our customers benefit from our audit and review services which excel in such situations. Online Accountant provides financial statement accuracy with transparent results that overcome any business challenge through their expert services.

Online Accountant provides assurance solutions that match small business requirements to help stop costly mistakes while reducing CRA audit challenges and building trust in your operations. Online Accountant stands ready to serve you as your financial success partner through all stages of loan applications, investor monitoring, and operational management.

Schedule Your Audit Today
Online Assurance Services in Canada

Our Assurance Services: Audit & Review Explained

Audit Services

Our complete audit examination goes deeply into financial documentation to verify Canadian Accounting Standards for Private Enterprises (ASPE) compliance. Our team at Online Accountant verifies your financial records with precision before identifying risks and providing practical advice to enhance your financial condition. Businesses that want to improve trustworthiness with banking institutions, financial stakeholders, and regulatory bodies should conduct audits.

Review Services

For businesses looking for a cost-effective alternative, our review engagements offer assurance by analyzing your financial statements for plausibility and compliance. The service utilizes inquiry and analytical procedures to establish consistent and reliable financials, while fulfilling the reporting needs of small businesses that maintain simpler reporting systems.

Request a Quote Now

Benefits of Choosing Online Accountant for Assurance

  • CRA Compliance: Stay ahead of tax regulations and avoid penalties with our expert guidance.
  • Enhanced Credibility: Audited financials build trust with lenders, investors, and partners.
  • Risk Mitigation: Identify and resolve financial discrepancies before they become costly issues.
  • Strategic Insights: Gain actionable recommendations to optimize your financial strategy.
  • Specifically for Small Businesses: Our services are designed to meet the unique needs of Canadian small businesses.

Our Assurance Process: Simple,Transparent and Effective

We believe in making assurance services straightforward and stress-free. Here’s how we work:
  • Initial Consultation: The first meeting involves understanding your business aims alongside financial objectives and reporting standards.
  • Data Collection: The system employs secure cloud-based tools which help us collect financial records proficiently.
  • Analysis & Review: The team performs comprehensive audit and review activities by using advanced software for precise assessment.
  • Reporting: The reporting process provides specific findings and business-centric recommendations that emerge from high-quality, detailed reports.
  • Ongoing Support: We assist clients throughout the improvement and implementation phase and help them maintain compliance standards.
Our process is designed to minimize disruption to your operations while delivering maximum value. Let’s get started!
Start Your Assurance Journey

Assurance by the Numbers

  • 85% of small businesses with regular audits report improved financial decision-making.
  • 70% reduction in CRA audit penalties for businesses with proactive review services.
  • 90% of lenders require audited financial statements for loan approvals.
  • 3x faster resolution of financial discrepancies with professional audits.
  • 95% of small businesses feel more confident with transparent financial reporting.

Powered by Industry-Leading Technology

Online Accountant merges its specialized skills with advanced technological solutions to deliver exact and safe audit and review services. Our technology framework exists to make difficult operations easy while sharing immediate business insights directly with small enterprises.
  • Xero: It provides businesses with secure cloud-based accounting software that connects data efficiently, offers instant reporting capabilities, and enhances team collaboration functions.
  • QuickBooks: Most famously known accounting software QuickBooks has trusted and secure features. It allows audits to run smoothly and meet Canadian requirements simultaneously.
  • Hubdoc: An automated system that collects documentation to structure receipt and invoice contents, thus allowing audits to happen faster and with better accuracy.
  • Keeper: The system of the Keeper application helps accounting teams detect code mistakes, and it monitors fundamental financial metrics.
  • Dext: The software solution of Dext enables users to track expenses and manage documents so financial records can be prepared for audits.
Our technology-driven approach ensures accuracy, efficiency, and transparency in every assurance engagement. Curious about how our tools can transform your financial processes?
Connect with Our Experts

FAQs Assurance Services in Canada

Audits deliver extensive assurance through a thorough examination of financial information to confirm the accuracy and compliance of Canadian Accounting Standards for Private Enterprises. Under a review process, your financial statements receive limited assurance by using both analytical procedures and inquiries to verify plausibility. Businesses with basic requirements should choose reviews since they provide cost efficiencies, yet audits deliver more extensive examinations.
It depends on your business’s goals and requirements. Audits are often required by lenders, investors, or regulators, or if your business exceeds certain revenue thresholds. Reviews are suitable for smaller businesses seeking oversight without the depth of an audit. During a free consultation, we can assess your needs and recommend the best option.
Annual audits or reviews are common for businesses seeking compliance or stakeholder confidence. However, the frequency depends on your industry, size, and regulatory requirements. For example, businesses applying for loans or attracting investors may need audits more frequently.
While no service can guarantee immunity from a CRA audit, our professional audits significantly reduce the risk of penalties by ensuring your financials are accurate and compliant. We identify and correct discrepancies before they become issues, giving you confidence during CRA reviews.
The timeline varies based on the complexity of your financials and the scope of the engagement. A typical review may take a few weeks, while an audit could take longer due to its detailed nature. Our efficient processes and technology, like Xero and QuickBooks, help minimize disruptions and deliver timely results.
You must provide access to financial records, which includes balance sheets, income statements, general ledgers plus bank statements and supporting documents including receipts or invoices. Hubdoc and Dext enable smooth document collection through our tools which ensures high security for the process.
Absolutely. Our audits and reviews adhere to Canadian Accounting Standards for Private Enterprises (ASPE) and other relevant regulations. We stay updated on CRA requirements to ensure your business remains fully compliant.

Ready to Strengthen Your Financial Foundation?

Financial uncertainty should stop none of your small business plans from moving forward. Through Online Accountant’s audit and review services you will earn certainty which enables your business growth and funding opportunities as well as compliance with CRA regulations. We aim to collaborate with Canadian small businesses for producing financials that properly represent your accurate data and showcase transparency to achieve success.

Get Started Today
Online Accountant, LLP is a registered accounting partnership under the laws of the province of Alberta. Online Accountant, LLP is certified by the Chartered Professional Accountants of Alberta.

Services

Accounting

Services

Financial Advisory

Business Advisory

Quick Links

Contact Us

+1 800-811-6017

info@cre8tivetesting.com

17510 107 Ave NW Unit 201, Edmonton, AB T5S 1E9, Canada

Online Accountant, LLP is a registered accounting partnership under the laws of the province of Alberta. Online Accountant, LLP is certified by the Chartered Professional Accountants of Alberta.

Services

Services

Financial Advisory

Business Advisory

Quick Links

Contact Us

+1 800-811-6017

info@online-accountant.ca

17510 107 Ave NW Unit 201, Edmonton, AB T5S 1E9, Canada

Online Accountant, LLP is a registered accounting partnership under the laws of the province of Alberta. Online Accountant, LLP is certified by the Chartered Professional Accountants of Alberta.

Our Location

17510 107 Ave NW Unit 201, Edmonton
AB T5S 1E9, Canada
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