Compilation Engagement | CSRS 4200 Explained for Small Businesses
A Compilation Engagement, previously known as a “Notice to Reader,” is a type of engagement where a Chartered Professional Accountant (CPA) assists a business in compiling its financial information into financial statements based on the information provided by management or the business owner.
This service is ideal for small businesses that need financial statements for internal use, tax filing, or to provide to third parties such as banks or investors—but don’t need the added assurance of a review or audit.
Key Features
In a Compilation Engagement:
- We organize and present your financial data into a standard financial statement format.
- We do not provide assurance on the accuracy of the numbers—meaning we don’t audit or review the statements.
- Our role is to help make your financial information clearer, more structured, and easier to use for decision-making.
Who Needs a Compilation Engagement?
Compilation engagements are often suitable for:
- Small businesses or self-employed individuals
- Businesses seeking financing (banks may request compiled statements)
- Corporations that need financial statements for tax return filing
Why Work With Us?
At Evergreen Tax & Accounting, we ensure your compiled financial statements are:
- Presented in a professional and standardized format
- Accompanied by a proper Compilation Engagement Report, as required under CSRS 4200
- Completed accurately and on time, giving you peace of mind and freeing up your time to focus on running your business
TAX & FINANCIAL MANAGEMENT SERVICES
Why Choose Evergreen?
- Work directly with a licensed CPA accountant in Toronto
- Full-service support: tax, bookkeeping, HST/GST, payroll & more
- Strategic insights not just form-filling
- Fast, responsive communication
- Compliant, confidential, and CRA-ready
Get started today. Contact Evergreen Tax & Accounting to schedule a consultation for your next corporate tax return. We’ll help you stay compliant, reduce your tax burden, and make confident, informed financial decisions.
