{"id":1446,"date":"2021-03-12T10:32:15","date_gmt":"2021-03-12T10:32:15","guid":{"rendered":"https:\/\/www.daroracpa.ca\/Darora\/?page_id=1446"},"modified":"2024-07-04T06:19:34","modified_gmt":"2024-07-04T06:19:34","slug":"assurance","status":"publish","type":"page","link":"https:\/\/www.daroracpa.ca\/assurance\/","title":{"rendered":"Assurance (Audit, Review, Compilation)"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-page\" data-elementor-id=\"1446\" class=\"elementor elementor-1446\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-f401093 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"f401093\" data-element_type=\"section\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-633183a\" data-id=\"633183a\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;gradient&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-eea1f23 elementor-widget elementor-widget-spacer\" data-id=\"eea1f23\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-column .elementor-spacer-inner{height:var(--spacer-size)}.e-con{--container-widget-width:100%}.e-con-inner>.elementor-widget-spacer,.e-con>.elementor-widget-spacer{width:var(--container-widget-width,var(--spacer-size));--align-self:var(--container-widget-align-self,initial);--flex-shrink:0}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container,.e-con>.elementor-widget-spacer>.elementor-widget-container{height:100%;width:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer{height:100%}.e-con-inner>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner,.e-con>.elementor-widget-spacer>.elementor-widget-container>.elementor-spacer>.elementor-spacer-inner{height:var(--container-widget-height,var(--spacer-size))}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty,.e-con>.elementor-widget-spacer.elementor-widget-empty{position:relative;min-height:22px;min-width:22px}.e-con-inner>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon,.e-con>.elementor-widget-spacer.elementor-widget-empty .elementor-widget-empty-icon{position:absolute;top:0;bottom:0;left:0;right:0;margin:auto;padding:0;width:22px;height:22px}<\/style>\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aff7842 elementor-widget elementor-widget-eael-fancy-text\" data-id=\"aff7842\" data-element_type=\"widget\" data-widget_type=\"eael-fancy-text.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\n\t<div  class=\"eael-fancy-text-container style-1\" data-fancy-text-id=\"aff7842\" data-fancy-text=\"|Audit|Review|Compilation\" data-fancy-text-transition-type=\"typing\" data-fancy-text-speed=\"50\" data-fancy-text-delay=\"2500\" data-fancy-text-cursor=\"yes\" data-fancy-text-loop=\"yes\" >\n\t\t\t\t\t<span class=\"eael-fancy-text-prefix\">For all your <\/span>\n\t\t\n\t\t\n\t\t\t\t\t<span id=\"eael-fancy-text-aff7842\" class=\"eael-fancy-text-strings solid-color\">\n\t\t\t\t<noscript>\n\t\t\t\t\tAudit, Review, Compilation\t\t\t\t<\/noscript>\n\t\t\t<\/span>\n\t\t\n\t\t\t\t\t<span class=\"eael-fancy-text-suffix\"> needs.<\/span>\n\t\t\t<\/div><!-- close .eael-fancy-text-container -->\n\n\t<div class=\"clearfix\"><\/div>\n\n\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3c47033 elementor-widget elementor-widget-spacer\" data-id=\"3c47033\" data-element_type=\"widget\" data-widget_type=\"spacer.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div class=\"elementor-element elementor-element-1ff7622 e-flex e-con-boxed e-con e-parent\" data-id=\"1ff7622\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f856c75 e-n-tabs-none elementor-widget elementor-widget-n-tabs\" data-id=\"f856c75\" data-element_type=\"widget\" data-settings=\"{&quot;horizontal_scroll_tablet&quot;:&quot;disable&quot;,&quot;tabs_justify_horizontal_mobile&quot;:&quot;center&quot;,&quot;horizontal_scroll&quot;:&quot;disable&quot;}\" data-widget_type=\"nested-tabs.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"e-n-tabs\" data-widget-number=\"260402293\" aria-label=\"Tabs. Open items with Enter or Space, close with Escape and navigate using the Arrow keys.\">\n\t\t\t<div class=\"e-n-tabs-heading\" role=\"tablist\">\n\t\t\t\t\t<button id=\"e-n-tab-title-2604022931\" class=\"e-n-tab-title\" aria-selected=\"true\" data-tab-index=\"1\" role=\"tab\" tabindex=\"0\" aria-controls=\"e-n-tab-content-2604022931\" style=\"--n-tabs-title-order: 1;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tAudit\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-2604022932\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"2\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-2604022932\" style=\"--n-tabs-title-order: 2;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tReview\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t<button id=\"e-n-tab-title-2604022933\" class=\"e-n-tab-title\" aria-selected=\"false\" data-tab-index=\"3\" role=\"tab\" tabindex=\"-1\" aria-controls=\"e-n-tab-content-2604022933\" style=\"--n-tabs-title-order: 3;\">\n\t\t\t\t\t\t<span class=\"e-n-tab-title-text\">\n\t\t\t\tCompilation\t\t\t<\/span>\n\t\t<\/button>\n\t\t\t\t\t<\/div>\n\t\t\t<div class=\"e-n-tabs-content\">\n\t\t\t\t<div id=\"e-n-tab-content-2604022931\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2604022931\" data-tab-index=\"1\" style=\"--n-tabs-title-order: 1;\" class=\"e-active elementor-element elementor-element-9e62a6f e-con-full e-flex e-con e-child\" data-id=\"9e62a6f\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-bc328ea e-con-full e-flex e-con e-child\" data-id=\"bc328ea\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-195f193 e-con-full e-flex e-con e-child\" data-id=\"195f193\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-06b2bd4 e-con-full e-flex e-con e-child\" data-id=\"06b2bd4\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d1bf8d9 elementor-widget elementor-widget-heading\" data-id=\"d1bf8d9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\"><h2 data-elementor-setting-key=\"title\"  style=\"font-family: Montserrat, sans-serif; font-weight: var( --e-global-typography-primary-font-weight ); font-size: 12px; color: rgb(36, 36, 36); text-transform: uppercase; letter-spacing: 5px;\">ASSURANCE<\/h2><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e648b94 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"e648b94\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-divider{--divider-border-style:none;--divider-border-width:1px;--divider-color:#0c0d0e;--divider-icon-size:20px;--divider-element-spacing:10px;--divider-pattern-height:24px;--divider-pattern-size:20px;--divider-pattern-url:none;--divider-pattern-repeat:repeat-x}.elementor-widget-divider .elementor-divider{display:flex}.elementor-widget-divider .elementor-divider__text{font-size:15px;line-height:1;max-width:95%}.elementor-widget-divider .elementor-divider__element{margin:0 var(--divider-element-spacing);flex-shrink:0}.elementor-widget-divider .elementor-icon{font-size:var(--divider-icon-size)}.elementor-widget-divider .elementor-divider-separator{display:flex;margin:0;direction:ltr}.elementor-widget-divider--view-line_icon .elementor-divider-separator,.elementor-widget-divider--view-line_text .elementor-divider-separator{align-items:center}.elementor-widget-divider--view-line_icon .elementor-divider-separator:after,.elementor-widget-divider--view-line_icon 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var(--divider-color)}.elementor-widget-divider--separator-type-pattern{--divider-border-style:none}.elementor-widget-divider--separator-type-pattern.elementor-widget-divider--view-line .elementor-divider-separator,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:after,.elementor-widget-divider--separator-type-pattern:not(.elementor-widget-divider--view-line) .elementor-divider-separator:before,.elementor-widget-divider--separator-type-pattern:not([class*=elementor-widget-divider--view]) .elementor-divider-separator{width:100%;min-height:var(--divider-pattern-height);-webkit-mask-size:var(--divider-pattern-size) 100%;mask-size:var(--divider-pattern-size) 100%;-webkit-mask-repeat:var(--divider-pattern-repeat);mask-repeat:var(--divider-pattern-repeat);background-color:var(--divider-color);-webkit-mask-image:var(--divider-pattern-url);mask-image:var(--divider-pattern-url)}.elementor-widget-divider--no-spacing{--divider-pattern-size:auto}.elementor-widget-divider--bg-round{--divider-pattern-repeat:round}.rtl .elementor-widget-divider .elementor-divider__text{direction:rtl}.e-con-inner>.elementor-widget-divider,.e-con>.elementor-widget-divider{width:var(--container-widget-width,100%);--flex-grow:var(--container-widget-flex-grow)}<\/style>\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8e5aed elementor-widget elementor-widget-heading\" data-id=\"b8e5aed\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">AUDIT<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-77e0621 elementor-widget elementor-widget-heading\" data-id=\"77e0621\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">An audit generally signifies an objective review and assessment of a company's financial statements, which an external third party usually conducts to ensure accuracy and adherence to a specified budget.\n<br><br>\nThere are mainly three types of Audits:<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-b80c81a e-con-full e-flex e-con e-child\" data-id=\"b80c81a\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0606db9 elementor-widget elementor-widget-image\" data-id=\"0606db9\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 15-07-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"683\" src=\"https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/rupixen-Q59HmzK38eQ-unsplash-scaled.jpg\" class=\"attachment-large size-large wp-image-13935\" alt=\"CPA performing an audit on a laptop at D Arora CPA - Assurance\" srcset=\"https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/rupixen-Q59HmzK38eQ-unsplash-scaled.jpg 2560w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/rupixen-Q59HmzK38eQ-unsplash-300x200.jpg 300w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-cf7b17d e-con-full e-flex e-con e-child\" data-id=\"cf7b17d\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-850c33a e-con-full e-flex e-con e-child\" data-id=\"850c33a\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a60168 elementor-widget__width-initial elementor-widget elementor-widget-ha-gradient-heading happy-addon ha-gradient-heading\" data-id=\"0a60168\" data-element_type=\"widget\" data-widget_type=\"ha-gradient-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"ha-gradient-heading\">01.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-30cac97 elementor-widget elementor-widget-heading\" data-id=\"30cac97\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Internal Audits<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d9f78e2 elementor-widget elementor-widget-heading\" data-id=\"d9f78e2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">Internal audits are conducted by a company's employees and are confidential, intended solely for the eyes of the organization's internal staff. These audits are crafted for the benefit of management and internal stakeholders, providing them with valuable insights. Additionally, management can leverage internal audits to identify and address any weaknesses or inefficiencies within the corporation proactively, prior to the involvement of external auditors in reviewing the financial statements.<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-7d5be6e e-con-full e-flex e-con e-child\" data-id=\"7d5be6e\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ad9bb7d elementor-widget elementor-widget-ha-gradient-heading happy-addon ha-gradient-heading\" data-id=\"ad9bb7d\" data-element_type=\"widget\" data-widget_type=\"ha-gradient-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"ha-gradient-heading\">02.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-145ecb8 elementor-widget elementor-widget-heading\" data-id=\"145ecb8\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">External Audits<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b867134 elementor-widget elementor-widget-heading\" data-id=\"b867134\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">External Audits are performed by third parties and external organizations. They provide unbiased views that internal auditors might not be able to give. <br><br>These are utilized to work out any material misstatements or errors during a company\u2019s financial statements. The main difference between internal and external auditors is that external auditors provide the right set of information that is unbiased and independent whereas internal auditors might not provide unbiased information because it is affected by the employee-employer relationship.<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-08f70b5 e-con-full e-flex e-con e-child\" data-id=\"08f70b5\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-1e528a7 elementor-widget elementor-widget-ha-gradient-heading happy-addon ha-gradient-heading\" data-id=\"1e528a7\" data-element_type=\"widget\" data-widget_type=\"ha-gradient-heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"ha-gradient-heading\">03.<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2077246 elementor-widget elementor-widget-heading\" data-id=\"2077246\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Government Audits<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2df598b elementor-widget elementor-widget-heading\" data-id=\"2df598b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h5 class=\"elementor-heading-title elementor-size-default\">Government audits ensure the accuracy of financial statements prepared by external entities, confirming that they do not misstate a company's taxable income.\n\nKnown as Yellow Book auditing, this process sets high-quality standards to align with integrity, professionalism, and competence. Like other forms of public operation examinations, it is an independent, methodical review of financial statements. Its goal is to evaluate and verify the financial information, culminating in a report that provides detailed explanations and comments on the audit findings.<\/h5>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-2604022932\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2604022932\" data-tab-index=\"2\" style=\"--n-tabs-title-order: 2;\" class=\" elementor-element elementor-element-400d544 e-con-full e-flex e-con e-child\" data-id=\"400d544\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-bcad254 e-flex e-con-boxed e-con e-child\" data-id=\"bcad254\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div class=\"elementor-element elementor-element-ad2dfc6 e-con-full e-flex e-con e-child\" data-id=\"ad2dfc6\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f8600b elementor-widget elementor-widget-heading\" data-id=\"2f8600b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h2 data-elementor-setting-key=\"title\"  style=\"font-family: Montserrat, sans-serif; font-weight: var( --e-global-typography-primary-font-weight ); font-size: 12px; color: rgb(36, 36, 36); text-transform: uppercase; letter-spacing: 5px;\">ASSURANCE<\/h2><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c3f4a32 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c3f4a32\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f9889a9 elementor-widget elementor-widget-heading\" data-id=\"f9889a9\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h4 class=\"elementor-heading-title elementor-size-default\">Review<\/h4>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-df0ddfc elementor-widget elementor-widget-heading\" data-id=\"df0ddfc\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-heading-title elementor-size-default\">In a review engagement, we actively engage in inquiry, analytical procedures, and discussions using original source documents. This process enables us to assess and report on the plausibility of the financial statements, though it involves fewer activities than an audit engagement.\n<br>\n<br>\n\nClients often need review engagements to meet banking covenants. At our company, we deliver this service with a blend of technical expertise, sharp business insight, and individualized attention. Our dedication to team continuity means we cultivate a deep understanding of your business, ensuring our service evolves to meet your unique requirements over time.<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-340f365 e-con-full e-flex e-con e-child\" data-id=\"340f365\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a874c08 elementor-widget elementor-widget-image\" data-id=\"a874c08\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"1280\" height=\"800\" data-src=\"https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6.webp\" class=\"attachment-full size-full wp-image-14502 lazyload\" alt=\"Animated CPA conducting an audit with a laptop and documents on desk - Assurance\" data-srcset=\"https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6.webp 1280w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6-300x188.webp 300w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6-1024x640.png 1024w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6-768x480.png 768w\" data-sizes=\"(max-width: 1280px) 100vw, 1280px\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 1280px; --smush-placeholder-aspect-ratio: 1280\/800;\" \/><noscript><img decoding=\"async\" width=\"1280\" height=\"800\" src=\"https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6.webp\" class=\"attachment-full size-full wp-image-14502\" alt=\"Animated CPA conducting an audit with a laptop and documents on desk - Assurance\" srcset=\"https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6.webp 1280w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6-300x188.webp 300w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6-1024x640.png 1024w, https:\/\/www.daroracpa.ca\/wp-content\/uploads\/2024\/03\/Neutral-Minimal-Elegant-Watches-Hero-Website-Desktop-Prototype-6-768x480.png 768w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><\/noscript>\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div id=\"e-n-tab-content-2604022933\" role=\"tabpanel\" aria-labelledby=\"e-n-tab-title-2604022933\" data-tab-index=\"3\" style=\"--n-tabs-title-order: 3;\" class=\" elementor-element elementor-element-083de7a e-con-full e-flex e-con e-child\" data-id=\"083de7a\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;slideshow&quot;,&quot;background_slideshow_gallery&quot;:[{&quot;id&quot;:14628,&quot;url&quot;:&quot;https:\\\/\\\/www.daroracpa.ca\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/img-19.jpg&quot;}],&quot;background_slideshow_loop&quot;:&quot;yes&quot;,&quot;background_slideshow_slide_duration&quot;:5000,&quot;background_slideshow_slide_transition&quot;:&quot;fade&quot;,&quot;background_slideshow_transition_duration&quot;:500,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-9ec36e7 e-con-full e-flex e-con e-child\" data-id=\"9ec36e7\" data-element_type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;,&quot;_ha_eqh_enable&quot;:false}\">\n\t\t<div class=\"elementor-element elementor-element-69734d3 e-con-full e-flex e-con e-child\" data-id=\"69734d3\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e18f4e2 elementor-widget elementor-widget-heading\" data-id=\"e18f4e2\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\"><h2 data-elementor-setting-key=\"title\"  style=\"font-family: Montserrat, sans-serif; font-weight: var( --e-global-typography-primary-font-weight ); font-size: 12px; color: rgb(36, 36, 36); text-transform: uppercase; letter-spacing: 5px;\">ASSURANCE<\/h2><\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7133a3a elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"7133a3a\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ccb4ef1 elementor-widget__width-initial elementor-widget elementor-widget-heading\" data-id=\"ccb4ef1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<p class=\"elementor-heading-title elementor-size-default\">COMPILATION<\/p>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-38b6b50 elementor-widget elementor-widget-heading\" data-id=\"38b6b50\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div class=\"elementor-heading-title elementor-size-default\">In a compilation engagement, we assist management in presenting their financial information as financial statements. In this engagement, we do not provide assurance that the financial statements are free from material modifications to conform to the acceptable financial reporting framework. Our final report will neither express an opinion nor offer any assurance about the financial statements.\n\n<br>\n<br>\nCompanies typically require compilation engagements for internal use or income tax reporting.<\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div class=\"elementor-element elementor-element-4964199 e-con-full e-flex e-con e-child\" data-id=\"4964199\" data-element_type=\"container\" data-settings=\"{&quot;_ha_eqh_enable&quot;:false}\">\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>For all your Audit, Review, Compilation needs. Audit Review Compilation ASSURANCE AUDIT An audit generally signifies an objective review and assessment of a company&#8217;s financial statements, which an external third party usually conducts to ensure accuracy and adherence to a specified budget. There are mainly three types of Audits: 01. Internal Audits Internal audits are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"elementor_header_footer","meta":{"_eb_attr":"","content-type":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"class_list":["post-1446","page","type-page","status-publish","hentry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/pages\/1446"}],"collection":[{"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/comments?post=1446"}],"version-history":[{"count":3,"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/pages\/1446\/revisions"}],"predecessor-version":[{"id":17299,"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/pages\/1446\/revisions\/17299"}],"wp:attachment":[{"href":"https:\/\/www.daroracpa.ca\/wp-json\/wp\/v2\/media?parent=1446"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}