When & Why Businesses opt for Review Engagements?
Businesses often opt for review engagements for various reasons, depending on their unique
needs and circumstances. Some common situations where review engagements are chosen
include:
Boosts Credibility:
When seeking external funding or attracting potential investors, businesses can
significantly benefit from review engagements. The independent assessment of financial
statements adds credibility and instills confidence in stakeholders, fostering a positive
image in the eyes of lenders and investors.
Regulatory Compliance:
Certain regulatory bodies or lenders may require businesses to undergo review
engagements as part of their compliance obligations. We ensure that the review
process aligns with all relevant regulatory guidelines, making it easier for your business
to meet obligations.
Internal Decision-Making:
Even if not mandated externally, businesses may opt for review engagements to
gain valuable insights into their financial performance. By identifying potential
discrepancies or areas of improvement, companies can make informed decisions that
lead to greater operational efficiency and financial stability. A review engagement may
also be helpful when an owner has stepped away from the day-to-day
management of the company and wants a more through review of his or her
company’s annual activities.
In conclusion, review engagements are a powerful tool for businesses seeking to build trust with
stakeholders, improve financial transparency, and make informed decisions.
BNI Member Profile – Azi Counselling & Associates
Azi is a Registered Clinical Counsellor and holds a Bachelor’s degree in Psychology from UBC
and a Master’s degree in Counselling Psychology from Adler University. She has been a
counsellor for eight years and has been in the mental health field for fourteen years and has
previously worked as a Crisis Counsellor, Mental Health support worker, and Special Needs
Teacher.
Azi is trained in a variety of modalities including AEDP, IFS, CBT, EFT for couples, and Trauma
Informed Therapy. She is passionate about helping clients heal their childhood traumas and has
an attachment and trauma lens when working with clients. She is working on becoming a
certified AEDP and EFT for a couples therapist.
Contact Information:
778-513-3448
info@azicounselling.com
BNI Member Profile: Azi Mohammadian
Quote: “Decision making is easy when your values are clear.”
-Roy Disney