HTPA CPA Firm
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Financial Statement Preparation

Delivering High-Quality, Compliant Financial Statements

HTPA Accounting offers Financial Statement Preparation services to deliver high-quality, comprehensive, and compliant financial statements for your business. Well-prepared financial statements enhance transparency, credibility, and can be essential for securing financing or satisfying investor requirements. Our team ensures that your statements adhere to accounting standards (ASPE or IFRS as required) and accurately reflect your company's financial performance and position.

Why Choose HTPA?

Our experienced team provides professional financial statement preparation that ensures accuracy, compliance, and valuable insights.

Precision and Quality

Our team prides itself on accuracy. We cross-verify figures and ensure every statement balances. By having CPAs oversee preparation, we maintain a zero-error approach to your financial data.

Professional Presentation

The statements we prepare are formatted to professional standards, which lends credibility when presenting to banks, investors, or auditors. Clear, well-structured financials reflect positively on your business's management.

Insightful Analysis

We don't just hand over statements – we walk you through them. HTPA will highlight key findings and ratios (like liquidity or profitability metrics) so you understand your financial health and can make informed decisions.

Confidential and Timely

We handle your financial information with strict confidentiality. Our efficient turnaround means you get your statements within agreed timelines, avoiding delays in meetings with lenders or filing deadlines.

Who Benefits from Our Services

Small & Medium Enterprises

Businesses that need formal financial statements (annual or quarterly) but do not have an internal CFO or controller to prepare them.

Lenders/Investors Requirement

Companies required by banks or investors to provide compiled financial statements as part of loan covenants or due diligence.

Year-End Tax Filers

Businesses preparing for corporate tax filings or audits and needing properly formatted financial reports (Balance Sheet, Income Statement, etc.) to accompany their returns.

Our Comprehensive Service Offerings

We provide meticulous financial statement preparation tailored to your needs.

Compilation of Financial Statements

We take your bookkeeping data and transactions and compile them into professional financial statements, including Balance Sheet, Income Statement (Profit & Loss), Statement of Retained Earnings, and Cash Flow Statement (if needed).

Accounting Adjustments

Our accountants will make necessary year-end adjustments for depreciation, amortization, accruals, and prepayments to ensure your statements reflect the true financial picture in accordance with accounting principles.

Notes and Disclosures

If required, we can prepare explanatory notes to the financial statements (e.g. significant accounting policies, breakdown of loans or capital assets) for fuller disclosure – especially useful if statements will be reviewed by external parties.

ASPE/IFRS Compliance

We ensure your statements comply with the relevant accounting framework. For most private companies we use Accounting Standards for Private Enterprises (ASPE), but we can also prepare IFRS statements for entities that require it.

Management Reporting Packs

In addition to formal statements, we can provide tailored management reports or graphical analysis that help you and your management team understand the numbers and trends.

Our Financial Statement service often goes hand-in-hand with our bookkeeping and tax services, resulting in a seamless flow from daily records to year-end reports and tax returns.

Frequently Asked Questions

Get answers to common questions about our financial statement preparation services.

Compiled statements are prepared by accountants based on information provided by management, with no assurance (this is what HTPA provides under Financial Statement Preparation service). Reviewed statements involve some analysis and assurance (moderate level) by an accountant, and audited statements involve a thorough examination and high assurance by independent auditors. The level you need depends on stakeholder requirements – we can compile statements or coordinate reviews/audits via our Audit & Assurance service if needed.
Yes. Compiled financial statements prepared by our CPA-led team are formatted according to standard accounting conventions and can be used for most internal and external needs. However, some banks or investors may specifically require reviewed or audited financials. We can discuss your specific requirements and ensure you get the appropriate level of financial statement service.

Get Professional Financial Statements

Contact our experts today for a free consultation. We'll help you create accurate and compliant financial statements for your business.

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