A · Trial balance
Trial balance and mapping
- Trial balance imported from the client's QuickBooks Online, Xero or Excel records and mapped to your template
- Prior-year balances agreed to last year's compiled statements
Outsourced compilation engagements, prepared to CSRS 4200 and ready for your review
We prepare the full compilation file in your CaseWare template: lead sheets, adjusting entries, supporting schedules, and draft financial statements and notes. Your firm keeps the client relationship, the professional judgments and the sign-off.
Who this is for
Firms with more year-ends than preparers
- Small and mid-sized CPA firms with a stack of December year-end compilations and not enough preparers
- Practitioners who spend review time fixing files instead of reviewing them
- Firms that tried hiring for the season and couldn't find, or keep, experienced staff
- Firms that want the corporate T2 prepared from the same file, by the same person
What's in every file
A complete working-paper file, built in your template
Each file is built in your CaseWare template and follows your firm's checklists, so your reviewer sees what they expect to see.
B · Lead sheets
Lead sheets and supporting schedules
- Lead sheets for every balance sheet and income statement area
- Bank and credit card reconciliations
- Receivables, payables, accruals and prepaids
- Capital asset continuity, amortization and CCA schedules
- Shareholder loan and related-party balances
- GST/HST reconciliation to filed returns
- Tickmarked support, so every number traces to a source
C · Adjustments
Adjusting entries
- Proposed adjusting journal entries, each with a short explanation and the support behind it
- Entries kept separate from the client's books until you approve them
D · Statements
Draft financial statements and notes
- Draft balance sheet, income statement and statement of retained earnings
- Notes, including the note that describes the basis of accounting applied
- A draft compilation engagement report in your template, for the practitioner to review, date and sign
E · Open items
One list of questions for the client, written so your team can send it as is, instead of a trickle of emails.
What stays with your firm
We prepare. You keep the engagement.
CSRS 4200 makes the practitioner responsible for the engagement. We do the preparation work. Your firm keeps:
- Engagement acceptance and continuance, and the engagement letter
- Professional judgments, including the discussion with management of the basis of accounting and any significant judgments, and whether the compiled information appears to be misleading
- Obtaining management's acknowledgement of responsibility for the final compiled financial information
- Review of the file and the compiled information
- Issuing and signing the compilation engagement report
- All communication with your client
Books Matter is not a CPA firm and never issues compilation engagement reports.
How it works
See one file before you commit
STEP 1
Intro call
We learn your template, checklists, software set-up and deadlines.
STEP 2
Free trial file
Send us one compilation. We prepare it end to end, and you judge the work before committing to anything.
STEP 3
Secure onboarding
We sign an NDA, then work inside your systems: your remote desktop, CaseWare server or cloud, and QBO Accountant or Xero.
STEP 4
Ongoing work
Files come back on an agreed schedule with a short status note and one batched list of open items. Your review notes become our checklist, so the same comment is far less likely to come back.
CaseWare Working PapersQuickBooks Online · CertifiedXero · CertifiedExcelTaxCycleTaxPrep
Pricing
Clear starting prices in CAD
Your exact quote depends on volume and file complexity: number of bank accounts, catch-up work needed, and how many schedules are involved.
Per file
Compilation + T2, small corporation
from CAD 300/ file
The full compilation file and the T2, prepared by the same person.
Dedicated
A preparer on your team
from CAD 2,600/ month
40 hours a week, for firms with steady volume.
Trial
Your first file
Free
One compilation, prepared end to end, so you can judge the work first.
Why Books Matter
Why firms hand us their compilations
✓
A dedicated accountant, with senior oversight. The same accountant works on your files, and our founder oversees the work. He spent more than seven years preparing compilations, T2s and T1s for Canadian CPA firms. As a Senior Practice Manager, he led a team of 20 to 25 accountants serving 5 to 10 firms at once.
✓
Your template, your standard. We adapt to your CaseWare template and checklists; you don't have to adapt to ours.
✓
The T2 from the same file. The person who prepared the statements prepares the return, so GIFI, CCA and the shareholder loan tie out.
✓
Clear prices, published up front, and a free trial file before you commit.
Questions
Frequently asked questions
Do you issue the compilation engagement report?
No. Books Matter is not a CPA firm. We prepare the file and a draft report in your template. Your firm's practitioner reviews the work, makes the required judgments, and dates and signs the report.
Will you work in our CaseWare template?
Yes. We work in your template and follow your checklists, so files look like the rest of your firm's work.
Can you prepare the T2 as well?
Yes. Most firms send both. We prepare the T2 in TaxCycle or TaxPrep from the compiled statements, including the GIFI schedules (100, 125 and 141), CCA on Schedule 8, and a shareholder loan continuity schedule.
What do you need from us to start a file?
Access to your CaseWare file or template, the client's accounting records (or access to QBO or Xero), last year's compiled statements and T2, and any client notes your team already has.
How do you handle our review notes?
We clear review notes quickly and add each one to a firm-specific checklist, so the same point is handled correctly on the next file.
Where is the work done?
Books Matter is founder-led from Lahore, Pakistan, and works Canadian business hours. All work is done inside your systems, and our policy is no downloads and no local copies.
How do you protect our clients' information?
We sign an NDA before any access, work only inside your systems, keep no local copies, and use encrypted work devices with two-factor sign-in. See how we handle your data.
Is there a minimum?
Per-file work has no minimum. Part-time hourly arrangements start at 40 hours a month.
Free trial file
Send one compilation. See the work.
We'll prepare one file end to end, free, so you can judge the quality before you commit. We reply within one business day.
Please don't attach client documents. We set up secure access after an NDA is signed.
Prefer email?
abid@booksmatteraccounting.comForm not loading? Open it in a new tab.