Accounting help for public companies

Compliance and Independence for Public Companies

LedgersOnline is an outsourced service that is remote to your business. Our professional, full cycle accounting services will ensure that your company’s books are always up to date, a basic requirement of any publicly traded enterprise.
 
Since we can act as an independent provider of your companies accounting, we can ensure you’re compliant with the standards set up by the Canadian Public Accountability Board (CPAB)
 
Did you know?

Being independent in fact and in appearance means that one not only is unbiased and impartial but also is perceived to be that way by others. Independence encompasses an impartiality that recognizes an obligation for fairness not only to management and owners of a business but also to those who may otherwise use the firm's report. The firm and its personnel must be free from any obligation to or interest in the client, its management, or its owners. Service and the public trust should not be subordinated to personal gain and advantage. Maintaining integrity and objectivity calls for avoiding both actual and apparent conflicts of interest. A CA lacks independence and thus may not audit a company if he or she (or the spouse or dependents) owns stock in that company and/or has certain other financial or employment relationships with the client.
 


Find out more about the CPAB at http://www.cpab-ccrc.ca/
 
If you want to find out how to fill your independence gap get in touch with us here.