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Gondaliya CPA

CPA Compilation Report (Notice to Reader)

Required for Canadian T2  corporate tax returns. CPA compiles your trial balance into standard financial statements + NTR report.

Affordable CPA Compilation Report (Notice to Reader) Services

Affordable Financial Statement Compilation Engagements (Notice to Reader) provide small businesses with professionally prepared financial statements at a cost-effective rate. These statements are ideal for business owners who need accurate financial reporting for internal planning, lenders, or tax filing purposes without the complexity of an audit or review engagement.

At Gondaliya CPA, we prepare Notice to Reader financial statements that comply with Canadian accounting standards while keeping costs affordable. Our CPA-led approach ensures your income statements and balance sheets are reliable, easy to understand, and ready to support tax filings, financing needs, and informed business decisions.

Fully Licensed CPA Ontario

500+ ★★★★★ Google Reviews

30-Day Money-Back Guarantee

60-Day Fees-Matching Policy

Why Accurate Notice to Reader Statement Matters

Accurate Notice to Reader financial statements are essential for understanding your business’s true financial position. Properly compiled statements help business owners track performance, support tax filings, and provide lenders with reliable financial information, reducing the risk of errors, delays, or CRA concerns.

Our Notice to Reader Services

Trial Balance Compilation

We convert your Xero or QuickBooks data into a clean, accurate trial balance ready for Notice to Reader reporting.

Notice to Reader Report

CPA-prepared financial statements with proper disclaimers and scope limitations, compliant with Canadian standards.

Adjusting Journal Entries

We record accruals, depreciation, and prepaid expenses to reflect your business’s true financial position.

Year-End Working Papers

Organized, well-documented working papers that support your statements and allow for audit or review upgrades if required.

T2 Corporate Tax Integration

Your Notice to Reader statements flow seamlessly into T2 corporate tax filings with no duplication or gaps.

Multi-Year NTR Packages

Consolidated two- to three-year historical financial statements for lenders, buyers, or long-term planning.

SIMPLE PROCESS

NTR Preparation Made Simple

 

At Gondaliya CPA, our tax accountants make NTR Preparation straightforward and stress-free. 

Trial Balance & Bank Reconciliations

We reconcile accounts and finalize your trial balance to ensure accurate starting numbers.

Adjusting Journal Entries

Accruals, depreciation, and adjustments are recorded to reflect true year-end results.

Statement Compilation & NTR Report

Financial statements are compiled with a CPA-prepared Notice to Reader report.

Final Review & T2-Ready Delivery

Completed PDFs are reviewed and delivered, ready for corporate tax filing or lender use.

Why Choose Gondaliya CPA for Notice to Reader?

Tax Planning

Experienced Professionals

Our certified CPAs ensure accurate and reliable financial statements.

Consulting

Quick Turnaround

Receive your Notice to Reader reports efficiently, without delays.

CRA Representation

CRA Compliance

We help you meet all regulatory requirements with confidence.

Bookkeeping

Personalized Service

Tailored solutions to suit your business or personal financial needs.

Official Partner

Google Reviews
– serving dentists in Toronto & across Ontario
QuickBooks Advisor in Ontario
Wagepoint Advisor in Ontario
Xero Advisor in Ontario
Stripe Partner in Ontario
Rotessa Partner in Ontario
Hubdoc
ADP partner in Ontario

Transparent Pricing – No Hidden Fees


Fixed-Fee NTR Pricing

We believe in clear, upfront pricing so you know exactly what to expect.

Notice to Reader (Financial Statement Compilation): From $250
(Affordable financial reporting)

T2 Deadline Approaching?

Notice to Reader Support Across Toronto, GTA & Ontario

Gondaliya CPA proudly serves businesses across Toronto and the greater Toronto area (GTA), including MississaugaBramptonNorth YorkEtobicokeScarboroughVaughanMarkhamRichmond Hill, and Ottawa, as well as clients throughout Ontario. Our team specializes in Financial Statement Compilation Engagements (Notice to Reader), preparing accurate and reliable financial statements that meet professional standards. We help you stay compliant, avoid reporting errors, and confidently present your financials to stakeholders—all while you focus on running your business.

Toronto (ON)

168 Simcoe St Unit 1118, Toronto, ON M5H 4C9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Mississauga (ON)

5373 Bullrush Dr, Mississauga, ON, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Brampton (ON)

4 Starhill Crescent, Brampton, ON L6R 2P9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Scarborough (ON)

24 Clementine Square, Scarborough, ON M1G 2V7, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Vaughan (ON)

19 Cabinet Crescent, Woodbridge, ON L4L 6H9, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Oshawa (ON)

210 Durham St, Oshawa, ON L1J 5R3, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Ottawa (ON)

2090 Neepawa Ave a314, Ottawa, ON K2A 3L6, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Etobicoke (ON)

60 Stevenson Rd #1601, Etobicoke, ON M9V 2B4, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Hamilton (ON)

70 Starling Dr, Hamilton, ON L9A 0C5, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Guelph (ON)

1155 Gordon St, Guelph, ON N1L 1S8, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Windsor (ON)

4387 Guppy Ct, Windsor, ON N9G 2N8, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

North York (ON)

150 Graydon Hall Dr #912, North York, ON M3A 3B2, Canada

+1 (647) 212-9559

9:00 AM – 8:30 PM (Mon – Sun)

Industries We Serve With Our Notice to Reader Services

Startups

Specialized startup tax & accounting

Healthcare

Specialized healthcare tax & accounting

Consultants

Specialized consulting tax & accounting

Small Businesses

Specialized small business tax & accounting

Restaurants

Specialized restaurant tax & accounting

Franchises

Specialized franchise tax & accounting

Self-Employed

Specialized self-employed tax & accounting

Manufacturing

Specialized manufacturing tax & accounting

Grocery Stores

Specialized grocery tax & accounting

Import & Export

Specialized import/export tax & accounting

Frequently Asked Notice to Reader Questions

What is the difference between a Notice to Reader (NTR) and a Review Engagement?

A Notice to Reader provides compiled financial statements without assurance, while a Review Engagement offers limited assurance and more detailed analysis. NTRs are ideal for small businesses needing basic reporting, whereas Reviews give more credibility for lenders or investors.

Yes, many banks accept NTR statements for small business loans or financing, but some may request a review or audited statements depending on the loan size. It’s best to confirm with your bank beforehand to ensure your NTR meets their specific requirements.

Typically, NTR engagements take 1–3 weeks depending on the complexity of your financial records and the number of years involved.

Yes, we can compile financial statements for multiple years to help with historical comparisons and financing needs.

While not mandatory, NTR statements are commonly prepared to support corporate tax filings and CRA compliance.

Only a licensed CPA or accountant can prepare NTR statements to ensure accuracy and compliance with professional standards.

You’ll need your trial balance, general ledger, bank statements, and other financial records relevant to the fiscal year.

Costs vary based on your business size and the complexity of your records, but NTR engagements are typically the most affordable financial statement option.

Yes, NTR statements give stakeholders a clear snapshot of your financial position, though investors may sometimes request review or audited statements for added assurance.

You can schedule a free consultation call directly through our website, or contact us via our Contact Us page, and our team will reach out to discuss your business needs.

Meet Your Notice to Reader Specialists

Sharad Gondaliya, CPA
Vandana Goel, CPA

Vandana Goel, CPA

LinkedIn LinkedIn Icon Accounting Specialist 📞 647-250-0242 vandana@gondaliyacpa.ca

Google Reviews

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Get Your NTR Before T2 Deadline

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