## Engagement Overview - **Client:** Acme Corp Inc. - **Entity Type:** Corporation - **Industry:** 541510 (Computer Programming / IT Services) - **Engagement:** FY 2026 Bookkeeping – Collection Mode - **Engagement ID:** c599ea2e-2b75-4801-a41c-1b20cf610d63 - **Setup Date:** 2026-05-09 - **Prior Bookkeeping History on File:** None (net-new engagement) --- ## Checklist Summary A total of **15 checklist items** were created across 7 document categories. **13 items are required** and **2 are optional** (supporting documentation). All items are currently PENDING. --- ## Checklist Items by Category ### 1. Bank Statements (1 item — Required) | # | Item | Status | |---|------|--------| | CHK-001 | Bank Statements – All Business Accounts (Jan–Dec 2026) | ⏳ PENDING | **Instructions to client:** Provide complete monthly statements for every business bank account held during FY 2026, including all pages. Each statement must show the opening balance, closing balance, and itemized transactions. Export from online banking as PDF is acceptable. --- ### 2. Credit Card Statements (1 item — Required) | # | Item | Status | |---|------|--------| | CHK-002 | Credit Card Statements – All Business Cards (Jan–Dec 2026) | ⏳ PENDING | **Instructions to client:** Provide monthly statements for all corporate credit cards, including supplementary cardholder accounts. All pages are required. If cards are used for mixed personal/business, please highlight or annotate business transactions. --- ### 3. Payroll Records (3 items — All Required) | # | Item | Status | |---|------|--------| | CHK-003 | Payroll Register / Summary Report (FY 2026) | ⏳ PENDING | | CHK-004 | T4 Slips & T4 Summary – All Employees (2026) | ⏳ PENDING | | CHK-005 | CRA Payroll Remittance Confirmations – PD7A (FY 2026) | ⏳ PENDING | **Instructions to client:** Export a full-year payroll register from your payroll provider (e.g., ADP, Ceridian, QuickBooks Payroll). Include all T4 slips issued and the T4 Summary filed with CRA. Provide PD7A remittance statements or CRA My Business Account confirmation receipts for each remittance period. --- ### 4. Expense Receipts (2 items — Both Required) | # | Item | Status | |---|------|--------| | CHK-006 | Business Expense Receipts & Vendor Invoices (FY 2026) | ⏳ PENDING | | CHK-007 | Subcontractor / Consultant Invoices & T4A Records (FY 2026) | ⏳ PENDING | **Instructions to client:** Gather all vendor invoices and receipts for business expenses. For industry code 541510, common categories include: software subscriptions (SaaS), cloud hosting (AWS/Azure/GCP), professional development, office and IT equipment under $500 (expensed), and client entertainment. For ITC claims, all receipts must show the vendor's GST/HST registration number and tax amounts separately. Subcontractor invoices should be organized by contractor; T4As are required where total payments to a contractor exceeded $500 in the calendar year. --- ### 5. Fixed Asset Schedules (2 items — 1 Required, 1 Optional) | # | Item | Required | Status | |---|------|----------|--------| | CHK-008 | Fixed Asset Schedule / Capital Asset Register (FY 2026) | ✅ Required | ⏳ PENDING | | CHK-009 | Purchase Invoices for Capital Asset Additions (FY 2026) | Optional | ⏳ PENDING | **Instructions to client:** Provide a schedule listing all capital assets with CCA class, date acquired, original cost, prior depreciation, FY 2026 additions/disposals, and net book value at Dec 31, 2026. For 541510 entities, common CCA classes include Class 8 (equipment), Class 10 (vehicles), Class 12 (computer software), Class 14.1 (customer lists/goodwill), and Class 50 (computer hardware). Supporting purchase invoices are strongly recommended for CCA continuity. --- ### 6. Loan Statements (2 items — 1 Required, 1 Optional) | # | Item | Required | Status | |---|------|----------|--------| | CHK-010 | Loan & Line-of-Credit Statements (FY 2026) | ✅ Required | ⏳ PENDING | | CHK-011 | Loan Agreements / Promissory Notes – New Debt in FY 2026 | Optional | ⏳ PENDING | **Instructions to client:** Provide annual statements (or all monthly statements) for every business loan, term loan, operating line of credit, and shareholder loan. Statements must show the opening principal balance, all drawdowns and repayments, interest charged, and the closing balance as at Dec 31, 2026. Any new financing arrangements entered into during FY 2026 should include the signed loan agreement. --- ### 7. Prior-Year Closing Entries (2 items — Both Required) | # | Item | Status | |---|------|--------| | CHK-012 | Prior-Year (FY 2025) Trial Balance / Closing Entries | ⏳ PENDING | | CHK-013 | Prior-Year (FY 2025) Financial Statements or T2 Corporate Tax Return | ⏳ PENDING | **Instructions to client:** ⚠️ **Critical for net-new engagement.** Since there is no prior bookkeeping history on file, we require the FY 2025 adjusted trial balance or closing journal entries from your previous accountant/bookkeeper to establish correct FY 2026 opening balances. The FY 2025 financial statements or filed T2 corporate return are also required to confirm retained earnings, CCA balances, and any carry-forward items (losses, credits). --- ### 8. Supplemental – Tax Compliance (2 items — Both Required) | # | Item | Status | |---|------|--------| | CHK-014 | HST/GST Returns & CRA Confirmation Notices (FY 2026) | ⏳ PENDING | | CHK-015 | AR & AP Aging Reports (Dec 31, 2026) | ⏳ PENDING | **Instructions to client:** Provide copies of all HST/GST returns filed during FY 2026 and the corresponding CRA assessment or confirmation. For year-end accrual cutoff, provide aged receivables and payables listings as at December 31, 2026. --- ## Net-New Engagement Notes - No prior bookkeeping history exists on file for Acme Corp Inc. - **Opening balance risk is HIGH.** FY 2025 trial balance / closing entries (CHK-012) and FY 2025 financial statements / T2 (CHK-013) are critical path items. Work cannot begin on FY 2026 books until these are received. - Prior year comparison analytics will not be available until FY 2025 data is loaded. - As an IT services firm (541510), expect: high volume of SaaS/subscription expenses, potential SR&ED eligibility for software development activities (flag for tax partner review), subcontractor-heavy payroll structure. --- ## Completeness Status at Setup - **Total items:** 15 - **Required items:** 13 - **Optional items:** 2 - **Received:** 0 - **Pending:** 15 (100%) - **Completion rate:** 0%

{
  "event": "checklist_setup",
  "period": "FY 2026",
  "timestamp": "2026-05-09T03:55:32Z",
  "triggered_by": "document_collection_agent",
  "prior_history": false,
  "engagement_type": "BOOKKEEPING"
}