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Benefits of Financial Statement

Maximizing the Benefits of Financial Statement Consultation

Financial statement consultation with a professional accountant can offer numerous advantages for businesses of all sizes. In this blog post, we will explore how businesses can maximize the benefits of financial statement consultation.   Benefits of Financial Statement, Customized Solutions for Your Business: Financial statement consultation allows businesses to receive personalized solutions tailored to their […]

Financial Statement for Business Owners

Financial Statement Preparation: Key Considerations for Business Owners

Preparing financial statements for business owners is a crucial aspect of running a successful business. In this blog post, we will highlight key considerations that business owners should keep in mind during the financial statement preparation process.   Gather Accurate and Comprehensive Financial Data: The foundation of reliable financial statements lies in accurate and comprehensive […]

Notice to Reader (NTR) Engagement

Notice to Reader (NTR) Engagement: A Look at Financial Statement Preparation

For businesses seeking accurate and reliable financial statements, a Notice to Reader (NTR) engagement is a commonly used service provided by professional accountants. In this blog post, we will take a closer look at what an NTR engagement entails and its benefits for businesses.   What is a Notice to Reader (NTR) Engagement? An NTR […]

Financial Statement Preparation

The Role of Financial Statement Preparation in Business Compliance

For businesses, financial statement preparation is not just a means of assessing financial performance; it is also a vital aspect of regulatory compliance. In this blog post, we will explore how financial statement preparation ensures businesses adhere to legal and accounting standards.   Financial Statement Preparation: A Regulatory Requirement: Businesses, regardless of their size, are […]

Financial Statements for Business Owners

Understanding Financial Statements: A Guide for Business Owners

Financial statements are a vital tool for understanding the financial health of a business. In this blog post, we will explore the components of financial statements and how they help business owners make informed decisions about their company’s performance and future prospects.   The Importance of Financial Statements for Business Owners: Financial statements provide a […]

Consider Outsourcing Bookkeeping

Consider Outsourcing Bookkeeping

As your company scales and evolves, you may find it increasingly challenging to manage bookkeeping and finance tasks while focusing on critical business aspects. At this point, many business owners consider delegating these responsibilities to others. The decision to outsource or hire internally depends on various factors, but consider outsourcing bookkeeping can provide unique advantages, […]

Apps for Scaling Companies

Essential Apps for Scaling Companies (21+)

As businesses evolve and grow, so does their reliance on software and apps to manage various aspects of their operations. A well-chosen tech stack can significantly enhance efficiency in workflow, communications, reporting, customer service, and personnel management. We’ve extensively tested and used a variety of tools, and we’re excited to share some of our favorite […]

Lesser-Known Tax Deductions

9 Lesser-Known Tax Deductions and Tips

When it comes to tax articles and blog posts, the focus is often on typical expenses and common tax implications. But what about the lesser-known deductions and accounting tips? Don’t they deserve some tax love too? In this post, we’ve compiled a list of lesser-known tax deductions items that businesses might find useful. From GST/HST […]

Changes to CEBA

COVID-19: Changes to CEBA, CEWS, and CERB

As the COVID-19 situation evolves, the Canadian government has made important updates to several relief programs to better assist individuals and businesses during these challenging times. In this blog post, we’ll highlight the recent changes to the Canada Emergency Business Account (CEBA), the Canada Emergency Wage Subsidy (CEWS), and the Canada Emergency Response Benefit (CERB) […]


Canadian COVID-19 Subsidy Bookkeeping: CEBA, CEWS, CECRA

Amid the challenging times brought on by the COVID-19 pandemic, the Canadian government introduced several relief programs to support businesses. In this blog post, we’ll delve into four essential programs: the Canada Emergency Business Account (CEBA), the Canada Emergency Wage Subsidy (CEWS), the 10% Temporary Wage Subsidy, and the Canadian Emergency Commercial Assistance Program (CECRA). […]