Financial Statement Services

Financial Statement Services

Focus more on your business, and less on numbers

Financial Statement Accounting Services in Vancouver

Our accountants at Ebrahimi Accounting , fully dedicate their time, energy and professional expertise to help our clients with preparing business financial statements in Vancouver. Professionally compiled financial statements make it easier for business owners to represent their business operations to investors, creditors, auditors, or future parties interested in merging or acquiring your business.

Reliable and accurate business financial statements is crucial to any business and an important tool to make smart business decisions. Our accounting, reporting, business financial statement services include:

  • Preparation of Financial Statements
  • Financial Consulting
  • Due Diligence Reporting
  • Mergers & Acquisitions
  • Future Financial Forecasting

Business financial statements are often needed to file tax returns (personal, corporate and trust), minimize, plan and forecast any tax liabilities that may arise.

Accountants at our office in downtown Vancouver are experienced creating balance sheets, income statements, cash flow statements, and statements of shareholder equity following GAAP, ASPE, and IFRS policies for private and public companies.

Preparation of financial statements must be conducted in a specific order, as information from one statement is then carried over to another. Accountants at Ebrahimi Accounting are experts in preparing financial statements and can ensure your statements are prepared in the required order.

Serving Vancouver for +26 years, our accountants and bookkeepers understand the ins and outs of all industries. We can provide high level of personalized accounting services.


Levels of Financial Statement Reporting

Professional accountants at our accounting firm can determine the degree of reporting through assessing your business information, the companies industry, and its strengths and weaknesses. In addition to identifying the client’s needs, it is also necessary to identify the needs of other users of the financial statements.

Assurance Engagement Types

Perform Review Engagement

Providing a medium level of assurance. A review engagement process is performed to determine if any financial statements where not prepared, in accordance within a applicable financial reporting framework.

Review Engagement enhances confidence of the financial statements; that are prepared in accordance with financial reporting framework. Reviews can identify material misstatements or material that are not applicable to financial reporting framework.

Generally used by investors, or when selling a business; no audit requirements exists, however, users still require some assurance. Primarily an inquiry to obtain sufficient sufficient evidence on financial statements.

Compilation Engagement

Providing low level of assurance and cost. Compilation engagement is used to compile financial information later to be used to compile a financial statements after gathering, and reviewing all financials of a company. Financial information are compiled in accordance with accounting basis of Canadian Standard for Related Services (CSRS).

This process is used when management does not have expertise in financial reporting, and generally combined with other accounting services such as taxes. Typically, it is not standard to use for lending or financing, unless specified by the lender or creditor.

Generally used to obtain knowledge related to a companies operations and accounting systems. A tool used within management.

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Due Diligence Report

Financial due diligence may be required by a purchaser or investor in the course of a purchase/sale of a business, or, investor/lender (re)financing arrangement. Together, we will evaluate your reports, options, discuss potential risks, and provide you with financial insights that you require to help you make the correct business decisions.

Don’t put yourself or your business at risk by not conducting the proper due diligence with us. At Ebrahimi Accounting we have assisted numerous clients on make the right acquisition and business decisions. At Ebrahimi Accounting we have developed the “art” of due diligence to a new level.

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Due Diligence Services

  • Identifying & Quantifying industry & deal-specific risks, liabilities & opportunities.
  • Quality & reasonableness evaluation of historical, projected earnings & quality of assets.
  • Identifying & quantifying tax exposures & financials.
  • Merger & acquisition due diligence report & Integration.
  • Vendor & E-commerce due diligence.

Our approach is not simply to check for numbers and documents. We strive to find out what makes a business tick. What makes it successful? What are the critical areas that could adversely effect a business? This approach is vital, especially when preparing or reviewing management prepared business forecasts.


Accounting Through Excellence Guaranteed

Don’t underestimate the importance of selecting the right tax representative or accountant. Ebrahimi Accounting is backed by proven results and loyal clients that have dedicated their trust and financials onto our hands. We work very dedicatedly to provide you with honest and reliable services that will have you worry free unlike other firms.

Accurate & Trustworthy

Our accountants at Ebrahimi Accounting have decades of note worthy experience providing accurate tax services that you can trust.

CRA Regulations

We ensure the services we provide you meet all of CRA's & Gov regulation and industry standards all whilst providing you the most benefit.

Smooth Transitions

A well coordinated due-diligence process ensures a smooth transition and integration of operations after we close the deal.

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The very best relationships are when both parties benefit. Ebrahimi Accounting have served both business and individuals in Vancouver for over 26 years. We take the time to know you — and understand your goals. We're committed to providing services that put our you first.

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