Compilation Engagement
Stamped provides accurate and well-organized financial compilations that help businesses like yours maintain clarity and compliance, without the complexities of full audits or reviews.
Recognized for simplicity
Over 500 SMBs count on us for reliable results that save time and reduce stress.
Transparent process
Our processes guarantee an efficient, hassle-free experience without disrupting your operations.
Organized and ready to use
We transform your financial data into clear statements tailored to your needs.
Starting at
$2,900
What's included
- Corporate tax return
- Tax deduction optimization
- Accounting and operational recommendations
- Compiled financial information
- Compilation engagement
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Frequently asked questions — Compilation engagement
What is a compilation engagement?
A compilation engagement involves organizing and presenting your company's financial data into financial statements that comply with Canadian accounting standards (ASPE). The CPA does not provide any assurance on the accuracy of the data — they ensure the presentation is compliant. It is the most common type of engagement for SMBs.
What is the difference between a compilation and a review engagement?
A compilation prepares your financial statements without assurance. A review engagement adds limited assurance: the CPA performs analytical procedures and inquiries to assess whether the data is plausible. A review costs more and takes longer, but provides more credibility with banks and investors.
When should I choose a compilation engagement over an audit?
Choose a compilation if you have no legal or contractual requirement for an audit. A compilation is suitable for most SMBs that need financial statements for their tax return, bankers, or internal management. An audit is required for public tenders, certain grants, or when your articles of incorporation require it.
What does the Stamped compilation engagement report include?
The report includes your compiled financial statements (balance sheet, income statement, notes), your corporate tax return (T2 and CO-17), tax deduction optimization, and accounting and operational recommendations. All starting at $2,900.
Ready to simplify your accounting?
Book a free discovery call with our team. We'll discuss your needs and propose a tailored solution.