Financial Statement Letter

Financial Statement Letter Template for Canada

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Financial Statement Letter

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

"I need a Financial Statement Letter for our publicly traded manufacturing company's Q1 2025 financial statements, addressing compliance with IFRS standards and including specific commentary on our recent acquisition of subsidiaries in British Columbia."

Document background

A Financial Statement Letter serves as a crucial communication tool between financial professionals and stakeholders in the Canadian business environment. This document is typically used when formal confirmation or professional opinion is required regarding financial statements, whether for regulatory compliance, stakeholder reporting, or internal governance purposes. The letter includes detailed observations about financial reporting practices, compliance with Canadian accounting standards (GAAP/IFRS), and may address specific concerns or requirements raised by management, boards, or regulatory bodies. It's particularly important in contexts where formal documentation of financial review findings is necessary, such as annual reporting, due diligence processes, or regulatory submissions.

Suggested Sections

1. Letterhead and Date: Professional letterhead including firm name, address, contact information, and current date

2. Addressee Information: Recipient's name, title, company name, and complete address

3. Subject Line: Clear indication of the letter's purpose and the financial period covered

4. Scope of Review: Description of what financial information was reviewed and the time period covered

5. Management Responsibilities: Statement clarifying management's responsibility for the financial statements and internal controls

6. Professional Standards Reference: Reference to relevant accounting standards and professional guidelines followed

7. Findings and Observations: Summary of key findings from the financial statement review

8. Conclusions: Professional opinion or conclusions based on the review conducted

9. Limitations and Restrictions: Any limitations of the review and restrictions on the use of the letter

10. Signature Block: Professional signature, including firm name and professional designations

Optional Sections

1. Basis of Accounting: Include when special accounting frameworks or methods are used that differ from standard GAAP/IFRS

2. Going Concern Assessment: Include when there are significant doubts about the entity's ability to continue as a going concern

3. Subsequent Events: Include when significant events occurred after the financial statement date that require disclosure

4. Regulatory Compliance Statement: Include for regulated industries or when specifically requested by regulatory bodies

5. Internal Control Observations: Include when specifically requested or when significant control issues were identified

6. Prior Period Comparisons: Include when comparing current period with previous periods' results

Suggested Schedules

1. Schedule A - Financial Statements: Complete set of financial statements being referenced (Balance Sheet, Income Statement, Cash Flow Statement)

2. Schedule B - Notes to Financial Statements: Detailed notes and explanations supporting the financial statements

3. Schedule C - Analysis Schedules: Supporting schedules showing detailed calculations or analyses referenced in the letter

4. Appendix 1 - Accounting Policies: Summary of significant accounting policies applied

5. Appendix 2 - Adjusting Entries: List of significant adjusting entries identified during the review

6. Appendix 3 - Supporting Documentation: Key documents supporting specific findings or conclusions mentioned in the letter

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok��˰� | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Financial Services

Manufacturing

Retail

Technology

Healthcare

Real Estate

Energy

Mining

Transportation

Professional Services

Education

Non-Profit

Construction

Agriculture

Telecommunications

Relevant Teams

Finance

Accounting

Compliance

Internal Audit

Treasury

Tax

Risk Management

Corporate Governance

Legal

Executive Leadership

Relevant Roles

Chief Financial Officer

Financial Controller

Accounting Manager

Corporate Treasurer

Financial Analyst

Compliance Officer

Internal Auditor

External Auditor

Tax Manager

Financial Director

Risk Manager

Board Member

CEO

Company Secretary

Financial Reporting Manager

Find the exact document you need

Non Disclosure Confidentiality Agreement

Canadian-law governed Non-Disclosure Agreement protecting confidential information shared between parties, incorporating federal and provincial privacy law compliance.

tiktok���˰�

How a Sales & Marketing Lead uses tiktok���˰� to reduce contract drafting time by 95%

Let's create your Financial Statement Letter

Authors

Alex Denne

Find the exact document you need

Non Disclosure Confidentiality Agreement

Statement Consent Passport Minor

Witness Statement Affidavit

Police Statement Form

Student Statement Form

Financial Support Letter For Immigration

Affidavit For Name Discrepancy

Financial Statement Letter

Birth Registration Statement Form

Affidavit For Correction Of Title

Statement Form

Signature Agreement Statement

Self Employment Statement Letter

Retirement Statement Letter

Privacy Statement And Consent Form

Form For Change Of Registered Office

Pre Agreement Statement And Quotation

Non Disclosure Affidavit

Confidentiality Agreement Signature Page

Employee Statement Form

Privacy Consent Statement

Consent Statement

Post Employment Confidentiality Agreement

Contractor Confidentiality Agreement

Form For Change In Registered Office Of Company

Privacy And Confidentiality Agreement

Affidavit Written Statement

Written Statement Of Consent For Passport

Income Statement Letter

Affidavit Financial Support Letter

Company Statement Letter

Statement Of Consent For Minor To Travel

Affidavit Of Financial Declaration

Statement Of Earnings Form

Statement Of Financial Support Form

Guarantor Statement Form

Salary Statement Form

Financial Statement Affidavit

Declaration Of Confidentiality Form

Billing Statement Form

Photo Consent Statement

Form Of Proxy For Shareholder Meeting

Account Statement Form

Billing Statement Letter

Mutual Confidentiality And Non Disclosure Agreement

Confidentiality And Non Disclosure Agreement

Short Confidentiality Agreement

Training Acknowledgement Statement

Employee Acknowledgement Statement

Financial Affidavit

Affidavit Of Financial Support

Download our whitepaper on the future of AI in Legal

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security

Innovation in privacy:

Want to know more?

Use Cases

tiktok��˰�

How a Sales & Marketing Lead uses tiktok��˰� to reduce contract drafting time by 95%

�ұ�Ծ��’s Security Promise