How often have you thought to yourself “Hmm . . . I’d better get a high quality audit of my business done this month”. Probably not very often. So let’s chat today about why you need this service performed every once in a while.
- Better financing rates from banks. An audit gives banks reassurance that everything is on the up and up with your business. Bringing a quality set of audited financial statements to a bank and requesting financing goes a long way. The bank is able to rely on the statements and be certain of your financial position, and quality as a lending client.
- It very well may be required by law. In Canada, some corporations are required to produce audited financial statements on a yearly basis.
- Having an audit done of your financials will also provide you, the business owner, with comfort over your reporting. You’re a busy entrepreneur; maybe you missed something over the year? Is your record keeping really perfect? Better to let the Ottawa Accounting experts at Al-Mulla CPAs provide you with a quality second set of eyes.
Quality financial reporting is the cornerstone of our Economy. Al-Mulla CPAs is a stalwart defender of the integrity of small businesses, and can help you translate your economic data into information you need for decision making. Call us today at 1-855-256-8552 for a free consultation.
Zaid Al-Mulla, MAcc, CPA, CA
zaid.almulla@almullacas.com