Audited Financial Statements

Adams Redding Wooley is a registered member of the Canadian Public Accountability Board (CPAB). The mission of the CPAB is to contribute to public confidence in the integrity of financial reporting of reporting issuers by promoting high quality, independent auditing. Its oversight program includes regular and rigorous inspections of the auditors of Canada's public companies.

Our extensive experience in conducting audits has provided an in-depth understanding of a wide variety of businesses. We use sophisticated Computer-Assisted Auditing Techniques (CAATS) to provide improved sample selection and testing. Audits are performed when a statutory requirement deems it mandatory. Most small businesses do not require audited financial statements.

Credit Unions

Approved as auditors of credit unions in British Columbia, we have been conducting these audits since 1969. As credit union accounting systems have changed so have many of their auditing techniques. We undertake the latest auditing techniques together with in-depth reviews of internal controls and management information systems.

Not-for-Profit Organizations

Many societies and not-for-profit organizations require annual audits to substantiate grants received from government or funders. While conducting the audits we work with management to ensure that systems are in place to allow efficient accounting and best practices.

Corporate

We are approved as auditors of public companies in both British Columbia and Alberta. We are positioned to provide auditing services to a wide range of corporate clients, whether closely held or public (reporting) corporations.

Government Programs

Where government provides funding for specific projects it may be necessary for the entity receiving those funds to submit an audited report on the project. We provide such reports and also work closely with program administrators to ensure adequate systems are in place.

Lawyer Trusts

The Law Society requires that lawyers submit a Form 47 annually. We have developed an efficient system for auditing such trust records, which enables us to report to the Law Society, while keeping our time in the client's office to a minimum.

Real Estate Trusts

It is a statutory requirement of the Real Estate Act that trust accounts of real estate companies be audited on an annual basis. We fully understand the regulations surrounding these audits and the filing requirements.