Compilation engagements
Financial statement preparation in Canada
Compilation engagements and year-end financial statements for Canadian corporations, from $1,750. Prepared to CSRS 4200. Fee confirmed before work starts.
Compilation and financial statements from $1,750+. Corporate year-end and T2 from $2,500+. See starting fees. Amounts are starting prices plus 5% GST.
Calgary office · eligible remote work across Canada
The statements a bank, a shareholder or a buyer asks for
Most private Canadian corporations are not required to be audited, and most never are. What they are asked for is a set of financial statements prepared by a professional accountant: a lender wants them before renewing a facility, a shareholder wants them before signing off on the year, a buyer wants them before making an offer. In Canada that work is a compilation engagement, carried out under CSRS 4200.
HBT prepares compilation engagements from reconciled records and issues the statements with the compilation engagement report that CSRS 4200 requires, including the note describing the basis of accounting used. Where the underlying bookkeeping is not in a state that supports the statements, we say so before starting rather than after.
Before you call
What happens on the first call
The first conversation is free and takes about 10 to 15 minutes. A team member in Calgary answers, asks what is urgent, and explains the useful next step. There is no obligation to start an engagement.
- Step 1
Tell us the pressure point
A CRA letter, a filing deadline, messy books, payroll, or a decision you need to understand.
- Step 2
We ask a few practical questions
Entity type, province, records, software, and the date that matters. You do not need a perfect file first.
- Step 3
You leave with a next step
We explain the work, the information required, timing, and price before anything begins.
Ready now? Call +1 (587) 894-7451 or .
Fees
How we price the work
The first conversation is free. Starting fees are published on the fees page. Those amounts are starting prices and subject to 5% GST. Final fees depend on complexity, volume, record quality and scope. Fixed fees are provided where the engagement scope can be determined in advance. You will know the price before paid work starts.
Client feedback
What Calgary clients say
Husain Haroun, CPA, FCCA
Meet the founder who reviews the work“Working with HBT Accounting and the team was extremely efficient, thorough and professional.”
“HBT Accounting has a great team, as they have done all my annual taxes in professional way.”
“The team was helpful, easy to communicate with, and made everything stress free.”
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Request a call back in three quick steps
Tell us what you need help with and when suits you. We prepare the message and open your own email app so you can send it. Nothing is submitted to our servers.
Or email us directly: hbt@hbtaccounting.com
Service scope
What a compilation engagement covers
The exact responsibilities, timing, and records depend on the agreed engagement. These are the areas we can discuss when shaping a scope that fits your business.
Statements from reconciled records
Balance sheet and income statement compiled from the accounting file after the accounts have been reconciled to source documents.
The CSRS 4200 report and basis note
The compilation engagement report and the note describing the basis of accounting applied, which is what distinguishes this work from an internal printout.
Scoped with the year end
Prepared alongside the corporate year end and T2 where both are in scope, so the statements and the return agree with each other.
How the work begins
A clear process before the accounting starts
- Step 1
Tell us who is asking
A lender, a shareholder, a buyer or the CRA each expect a slightly different package. Knowing the reader shapes the scope.
- Step 2
We review the records first
We check the file is in a state that supports statements and quote the work before anything paid begins.
- Step 3
Statements and report issued
You receive the statements with the compilation engagement report, ready to hand to whoever requested them.
Common question
What does a compilation engagement cost?
A compilation engagement with financial statements starts at $1,750. Where the year end and T2 corporate return are prepared in the same engagement, a corporate year-end and T2 starts at $2,500 and the compilation is scoped alongside it. A nil return starts at $750. Amounts are starting prices plus 5% GST and depend on the number of entities, the volume of transactions and the condition of the records. The fee is confirmed before any paid work begins.
Helpful guides
Read the details before your next conversation
Start with one clear question
Tell us what you need help understanding
Call or text HBT Accounting in Calgary, Alberta at +1 (587) 894-7451. We will ask a few practical questions and explain the most useful next step.
Mon–Fri 9am–6pm MT · Sat 9am–4pm MT. We reply to call requests and emails during business hours, usually the same day. If we are closed, send a call request and we will reply when the office opens.