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We help clients prepare trust tax returns including but not limited to estate tax filings and get tax clearance certificates.

 

Trust returns have their own characteristics with small but detailed differences from regular tax returns. We assist in contacting CRA, get the clear certificate letter and other related matters.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CSRS4200

The new Canadian Standard on Related Services (CSRS) 4200, Compilation Engagements replaces Section 9200, compilation engagements and Assurance and Related Services Guideline AuG-5, Compilation Engagements - Financial Statement Disclosures. CSRS4200 is effective for compiled financial information for periods ending on or after December 14, 2021.

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Basis of Accounting

 

A note describing the basis of accounting applied is required to improve the understandability of financial information. Management is required to obtain third party approval of the expected basis of accounting.

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