Legal Disclaimer

Last Updated: July 16, 2025

1. Nature of Audit Services

FinexaVision provides professional financial audit services designed to enhance business transparency and compliance. Our services include:

• Independent financial statement audits and reviews
• Internal controls assessment and recommendations
• Compliance verification with Canadian financial standards
• Risk assessment and business advisory services

Important: Our audits provide reasonable assurance, not absolute certainty, regarding the accuracy of financial statements and business operations.

2. Professional Standards and Limitations

Audit Methodology

Our audits are conducted in accordance with Canadian Generally Accepted Auditing Standards (GAAS). However, audit procedures have inherent limitations:

• Audits involve selective testing and may not detect all errors or irregularities
• Management fraud or collusion may not be discovered through standard audit procedures
• Future financial performance cannot be predicted based on historical audit results
• Small misstatements may aggregate to material amounts

Scope Limitations

Our audit services are subject to the following scope limitations:

• Reliance on client-provided information and documentation
• Time constraints and agreed-upon audit procedures
• Access limitations to certain records or personnel
• Regulatory and legal constraints on audit scope

3. No Financial Advice or Investment Guidance

FinexaVision provides audit services only. We do not provide:

• Investment advice or recommendations
• Financial planning or wealth management services
• Tax preparation or tax advice
• Legal counsel or regulatory interpretation
• Management consulting beyond audit-related recommendations

Disclaimer: Clients should consult qualified financial advisors, tax professionals, or legal counsel for specialized advice beyond audit services.

4. Limitation of Liability

FinexaVision's liability for professional services is limited as follows:

• Maximum Liability: Limited to the total fees paid for the specific audit engagement
• Excluded Damages: No liability for consequential, punitive, or indirect damages
• Time Limitation: Claims must be brought within 12 months of audit report delivery
• Professional Standards: Liability limited to damages caused by failure to meet professional standards

5. Third-Party Reliance

Our audit reports are prepared for specific clients and intended users only:

• Reports should not be relied upon by parties not specified in the engagement letter
• We disclaim responsibility for third-party use of our audit reports
• Consent is required for distribution to additional parties
• Third parties use reports at their own risk

6. Forward-Looking Statements

Any projections, forecasts, or forward-looking statements in our reports:

• Are based on information available at the time of the audit
• May not reflect future actual results or performance
• Are subject to significant business and economic uncertainties
• Should not be used as sole basis for business decisions

7. Website and Information Disclaimer

Information on our website is provided for general informational purposes only:

• Website content is not professional advice for specific situations
• Information may not be current or complete
• External links are provided for convenience only
• We do not endorse third-party content or services

8. Regulatory Compliance

While we strive to ensure compliance with applicable regulations:

• Regulatory requirements may change after audit completion
• Clients remain responsible for ongoing compliance
• Our audit does not guarantee regulatory approval or certification
• Additional compliance work may be required

9. Force Majeure and External Factors

FinexaVision is not liable for delays or performance issues due to:

• Natural disasters, pandemics, or government actions
• Cyber attacks, technology failures, or data breaches
• Client-caused delays or information unavailability
• Third-party service provider failures

10. Professional Indemnity Insurance

FinexaVision maintains professional indemnity insurance in accordance with Canadian professional standards. However, insurance coverage has limitations and may not cover all potential claims or circumstances.

11. Governing Law and Jurisdiction

This disclaimer is governed by the laws of Canada and the province of Nova Scotia. Any legal proceedings must be brought in Nova Scotia courts, and Canadian law will apply to the interpretation of our professional obligations.

12. Contact for Legal Inquiries

Return to Homepage