Compilation Report

[rayuk]

Hello all, I am in a similar place soon to apply for my T1 extension. I have the needed accounts and paperwork for job creation except for a separate Accountant's Report.
We use a large firm, KPMG and my contact tells me they do not do such letters at SBA unit we use. There is the std. accounts compilation report showing how accounts were prepared but do not have separate letter yet. Anyone been in similar situation?

[marcnath]

Hello all, I am in a similar place soon to apply for my T1 extension. I have the needed accounts and paperwork for job creation except for a separate Accountant's Report.
We use a large firm, KPMG and my contact tells me they do not do such letters at SBA unit we use. There is the std. accounts compilation report showing how accounts were prepared but do not have separate letter yet. Anyone been in similar situation?

Yes, it is the standard accountant's cover letter that is part of any properly prepared accounts (which I am sure KPMG does). No need for a separate letter.

[bizman]

Hello all, I am in a similar place soon to apply for my T1 extension. I have the needed accounts and paperwork for job creation except for a separate Accountant's Report.
We use a large firm, KPMG and my contact tells me they do not do such letters at SBA unit we use. There is the std. accounts compilation report showing how accounts were prepared but do not have separate letter yet. Anyone been in similar situation?

Rayuk, no need for seperate letter. KPMG will definitely include it in your accounts as per standard practice.

[zimba]

@rayuk
DO NOT TAG your question to someone else's thread DO NOT bump old threads

[rayuk]

I appreciate the suggestion, as the topic was same I thought of not opening a new and use same thread. Definitely keep in mind for future.

[marcnath]

I appreciate the suggestion, as the topic was same I thought of not opening a new and use same thread. Definitely keep in mind for future.

Always best to continue all your questions in a single thread of yours without starting new threads for each topic. Gives the readers the full context of your situation.

[rayuk]

Good point @marcnath. Got it!