An audit provides the highest level of assurance on your financial statements. We perform audits in accordance with Canadian Auditing Standards (CAS) and express an independent opinion on whether the financial statements are presented fairly, in all material respects, under the applicable framework — ASPE, ASNPO or IFRS.
When an audit is needed
- Required by lenders, investors, shareholders' agreements or funding agreements
- Required by statute or regulators, or by a parent company (including group audits for Mainland China and Hong Kong groups)
- Not-for-profit organizations, charities and grant recipients
- Preparing for a sale, financing, listing or due diligence
Our approach
- Planning based on a clear understanding of your business, industry and risks
- Testing of internal controls and transactions, with practical recommendations in a management letter
- Clear communication and timelines agreed with management at the start
Why Sheng Qian
Our team includes CPAs with extensive Big Four audit experience in both Canada and China, across industries such as tourism, manufacturing, not-for-profit and consumer goods. We hold designations in Canada, Mainland China, Hong Kong and the UK, and work with Canadian, Chinese and international accounting standards.
Not sure whether you need an audit, a review or a compilation? Contact us — we'll help you choose the right engagement.