Updated Revenue Recognition Standards: The Impact On Small Business
The accounting standards for revenue recognition were updated to reflect changes in best business practices in December 2017. Here’s everything you need to know how it affects your small business.Read More
5 Ways To Prepare Your Startup For The Upcoming Tax Season
Tax preparation is a stressful task for many small business owners across Canada every year. The good news is that these 5 easy steps can help take some of the stress off of you as a business owner when it is that dreaded tax time every year.Read More
Common Audit Adjustments in Canada Made by the CRA
Following an audit, recommendations are made by the CRA about the tax adjustments that need to be made to ensure full compliance with Canadian tax laws. Here are some flags that trigger a CRA audit and subsequent adjustments.Read More
How Long Does My Business Have To Keep Records In Canada?
As experienced accountants, we get asked this question all the time: how long does my business have to keep records in Canada? Here’s the answer.Read More