Assurance & Advisory
Ali & Associates, CPAs stands out as one of the preeminent accounting firms in the lower mainland, consistently upholding its competitive position within the realm of accounting and taxation.
The page we offer showcases a selection of our fundamental services, providing a glimpse into the expertise and offerings that set us apart in the industry.
Business Advisory
Our team of specialists is ideally suited for managing your routine and less complex matters, offering services including:
Compilation Engagements
T2 - Corporate Income Tax Returns
T1 - Individual Income Tax Returns
T3 - Trust Income Tax Returns
T5013 - Partnership Information Returns
Compliance for GST/HST, Payroll, PST, WorkSafe BC, and Employer Health Tax
Preparation of Annual Income Slips such as T4, T4A, T5, T3, T5018, and T5013 slips.
Audit Engagements
An audit engagement involves a thorough and systematic review of a company's financial records, systems, and controls conducted by a qualified auditor. Its purpose is to offer an independent evaluation of the audited organization's financial status and performance.
Our firm is fully licensed for audit services, and our team of committed assurance professionals is prepared to guide you efficiently through the audit process. Whether your audit engagement is for compliance purposes or to maintain high-quality financials, we possess the expertise required for both traditional financial statement audits and specialized audit engagements.
Review Engagements
Review engagements offer a limited level of assurance that a company's financial statements adhere to the applicable financial reporting framework. They are conducted after an organization has finished preparing its financial statements and has confirmed their accuracy. Unlike reasonable assurance engagements, which provide positive assurance, review engagements only offer a negative or limited level of assurance. The objective is to deliver an opinion, but not to convey positive assurance.
We have a deep understanding of review engagements and expectation of financial institutions including covenants and can help you with traditional financial statements review engagements as well as specialized review engagements such as compliance with laws and regulations and review of specific financial information.