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> Full Cycle Accounting System
> Year-End Closings
> Tax Services
> Tax Services for Int. Students
 
 
Welcome to Tekbas & Associates, Chartered Professional Accountant
Year-End Closings

We provide year-end accounting procedures and compile your financial reports according to your industry specific standards. Engagements are:

Compilation Engagement
You or your business partners may require seeing periodic financial results of your Company. You may need our help to compile your financial reports put together in a set of professionally formatted financial statements summarising your operations.

Preparation of Compilation Engagement Financial Statements does not provide any assurance. The Notice to Reader accompanying these statements clearly states that they may not meet the needs of the reader. Compilation engagement is given to you together with related Tax Return.

Review Engagement
According to your industry specific needs, you may require a Review Engagement Report. Review Engagement Report provides limited assurance that the financial statements are presented fairly in accordance with Generally Accepted Accounting Principles (GAAP).

On this basis, more detailed analytical procedures and enquiry is used on the financial information provided by your Company to provide assurance that the review procedures did not uncover any reason for us to state that the statements are not in accordance with Generally Accepted Accounting Principles (GAAP). Many financial institutions may require from their clients to have annual financial statements prepared on this basis.

Audit Engagement
Audited financial statements prepared give positive assurance to the reader that the financial statements are presented fairly in accordance with Generally Accepted Accounting Principles (GAAP). With this engagement, we issue an opinion and add very high degree of credibility to your financial statements.

 
 
 
 
 
 
     
 
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