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Audit & Assurance

Audit & Assurance Solutions, Coordinated for You. When your business needs audited or reviewed financial statements — for lenders, investors, regulators, or your corporate bylaws — AV CPA connects you with the right independent licensed public accounting firm and manages the process end to end. And through our dedicated Internal Audit consulting practice, we help organizations across Canada strengthen governance, risk management, and internal controls from within.

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External Audit & Review Engagements (Delivered with Licensed Partner Firms)

Audit and review engagements are performed exclusively by independent, licensed public accounting firms with whom AV CPA has established partnerships. Our role is to make the process efficient and stress-free: we help you determine the level of assurance you actually need, select the right partner firm for your industry and size, prepare audit-ready records and schedules, and act as your liaison throughout the engagement — responding to auditor requests and resolving issues quickly. You get the independent assurance stakeholders require, with the preparation and support of a team that knows your business. AV CPA does not itself perform audit or review engagements.

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Internal Audit Consulting Services

Independent Assurance Insight. Practical Solutions. Measurable Value.
A strong internal audit function does more than identify risks — it strengthens governance, improves operational performance, and supports informed decision-making. Led by a senior Internal Audit specialist, our practice provides independent, risk-based internal audit consulting to organizations across Canada, aligned with the International Standards for the Professional Practice of Internal Auditing (IIA Standards).

  • Internal Audit Strategy & Governance — audit charters, methodologies and procedures, function setup, outsourcing and co-sourcing, quality assessments (QAIP), and Audit Committee and Board reporting.
  • Risk-Based Audit Planning — enterprise risk assessments, audit universe development, and risk-based annual and multi-year audit plans.
  • Internal Audit Execution — operational, financial, compliance, and ITGC reviews; control design and effectiveness assessments; fraud risk assessments; and special reviews and investigations.
  • Business Process Improvement — process optimization, internal control enhancement, policy development, and KPI reviews.
  • Insurance Industry Expertise — specialized internal audit across the insurance value chain, from claims and underwriting to actuarial, reinsurance, and distribution.
  • Internal Audit Technology — end-to-end TeamMate+ Audit Management System implementation, configuration, optimization, and training.

 

Internal audit services are provided as consulting engagements and do not constitute an audit, review, or other assurance engagement under Canadian public accounting standards.

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Frequently Asked Questions

At AV CPA, we offer a full range of accounting services, including financial reporting, bookkeeping, tax planning, cloud accounting, and payroll management. Whether you are an individual or a business, we tailor our services to meet your unique financial needs.

Our accounting services help businesses stay organized, comply with tax regulations, and make data-driven financial decisions. We handle everything from financial statements to tax filing, allowing you to focus on growing your business without worrying about the numbers.

Yes! We offer cloud accounting solutions that allow businesses to access their financial data anytime, anywhere. Our team will set up and manage your cloud accounting system, ensuring your records are always accurate and up to date.

At AV CPA Professional Corp, we ensure your financial records comply with the latest tax laws and accounting standards. Our experts provide thorough audits, regular updates, and proactive advice to help you stay compliant and avoid penalties.

AV CPA Professional Corp offers personalized, reliable accounting services in Mississauga. Our experienced team is committed to understanding your unique financial situation and providing customized solutions that help you grow while ensuring compliance, accuracy, and efficiency.

No. Audit and review engagements are performed exclusively by independent, licensed public accounting firms with whom we partner. AV CPA helps you select the right firm, prepares audit-ready records, and manages the process on your behalf — so you get the required independent assurance with far less disruption.

It depends on who will rely on your financial statements. Banks often accept compilations; larger lenders, investors, regulators, or bylaws may require a review or audit. We assess your obligations and stakeholder requirements and recommend the most cost-effective level of assurance.

An external audit provides an independent opinion on your financial statements for outside stakeholders. Internal audit looks inward: it evaluates governance, risk management, internal controls, and operational effectiveness to make the organization stronger. Our Internal Audit practice provides these services on a consulting basis — from setting up a new function to executing risk-based audit plans.

Yes. We have deep expertise in the insurance industry — claims, underwriting, actuarial and reserving, reinsurance, distribution, and premium collection — and also serve financial services, healthcare, government and public sector, non-profit, and corporate clients across Canada.

Yes. We provide end-to-end implementation, configuration, optimization, and training for the TeamMate+ Audit Management System, including audit universe setup, risk assessment configuration, workflow automation, reporting dashboards, and issue tracking.

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Accounting, tax & finance for businesses across Canada and the US.

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AV CPA Professional Corp stands at the forefront of the accounting and tax industry, offering a comprehensive suite of services in accounting, tax, and finance to businesses throughout Canada and the US.

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