Connolly and McNamara

Financial Reporting

Financial reports are formal records of the financial activity of your business. Their purpose is to provide information on the financial position and performance of the business and how these are changing over time. Financial reports reveal important information and are necessary for decision-making.

Corporate Tax Return – T2 Notice to Reader

When you do not require the higher level of assurance offered by an Audit or Review Engagement, then a T2 Notice to Reader Report is probably what you need, which is accepted by most Chartered Banks.

A Notice to Reader is for financial statements that have been compiled for internal and tax reporting purposes only. This would occur when outside users are not particular about the level of assurance over your financial statements. These financial statements cannot be relied upon by third parties and do not provide any assurance over the accuracy or completeness of the financial statements.

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