Change to Your Corporate Year End Report
If your corporation ends on or after December 14, 2021, you need to meet a new accounting standard called the Canadian Standard on Related Services (CSRS) 4200.
Why the change? It has been 33 years since the standard has been revised. These new Compilation Engagements are designed to ensure you are fully accountable for your financial information and reporting. Also, to ensure the accounting world is standardized with tighter rules.
Accountants on Main will ensure your corporation meets this new standard.