Vol. I · No. 1 The Paige Herald Est. 1522

Audit in Toronto, Canada

Toronto has 6 accounting practices offering audit in our Canada directory. Use the list below to shortlist two or three and request quotes.

Independent examination of financial statements to give an opinion that they are true and fair. Typical deliverables: statutory audit opinion; management letter; controls recommendations; group audit instructions. USD 5,000–50,000+ depending on revenue, entities, and complexity.

6 audit firms in Toronto

FirmLocationContactNotes
Auditing And Assurance Standards Board (aasb) Toronto, CA LinkedIn
Auditing And Assurance Standards Oversight Council (aasoc) Toronto, CA LinkedIn
Financial Reporting & Assurance Standards Canada Toronto, CA LinkedIn
Mir Accounting & Auditing Office INC. Toronto, CA LinkedIn
Office Of The Auditor General Of Ontario Toronto, CA LinkedIn
Reporting & Assurance Standards Oversight Council (rasoc) Toronto, CA LinkedIn

Compare 6 audit firms in Toronto — open each profile to see contact details.

Choosing a audit firm in Toronto

How to choose: (1) match the firm to your size and stage — a landlord and a 40-person company need different people; (2) confirm the qualification for regulated work (CPA, ACA / ICAEW, ACCA, CA (CA ANZ, CPA Canada, SAICA), CIMA, EA (US Enrolled Agent), Steuerberater, Expert-comptable); (3) ask for a fixed fee in writing; (4) check they use software you can log into; (5) talk to one existing client in your sector.

As one of the larger markets in Canada for accounting, Toronto firms range from sole practitioners handling personal returns to multi-partner offices running statutory audits and outsourced finance functions. If you are early-stage, a smaller local firm is usually faster and cheaper; above the audit threshold you will want a firm with a registered auditor.

Audit rules in Canada

In Canada, the recognised designation is CPA (unified across provinces). Filing and oversight: Provincial CPA bodies; CRA for filing. Private company audits usually driven by shareholders' agreements or lenders. Personal returns generally due 30 April; self-employed 15 June (balance still due 30 April).

FAQ

Does my company need an audit?
Usually only above size thresholds (revenue, balance sheet total, employee count) or if investors, lenders or your governing documents require one. Thresholds vary by country — see below.
Can my accountant also be my auditor?
No — the auditor must be independent. A firm can offer both services but not to the same client for the same period.

Nearby & related

Audit in EdmontonAudit in Whitby, Ontario, CanadaAudit in MontréalAudit in ReginaAudit in Saint-LazareAudit in Saint-LambertAudit in WinnipegAudit in Whitby Bookkeeping in TorontoTax in TorontoPayroll in TorontoAdvisory & management accounts in Toronto

This directory is compiled from public company data and each firm's own website. Listing is not endorsement. Verify a firm's registration and current fees directly before engaging.