How does GST/HST vary by province in Canada?
Consult businesses on how to optimize their tax planning by understanding the specific GST and HST rates applicable in each province. Accurate…
What are the accounting considerations for businesses in the Territories?
Implementing disciplined accounting procedures is the first step toward maintaining reliable financial data in the territories. Use…
How to manage cash flow in Canadian startups?
Focus on maintaining a detailed cash flow forecast that updates weekly to ensure you identify short-term liquidity issues before they…
How to account for intellectual property development in Canadian startups?
Startups should adopt consistent methods for recognizing developing IP, such as tracking development costs and evaluating their likelihood of…
How to prepare financial projections for investors in Canada?
Developing accurate and credible financial projections is a critical step for attracting investment in Canada. Each projection must clearly…
What are the bookkeeping considerations for scaling rapidly in Canada?
Prioritize accurate financial tracking from day one. Implement a reliable accounting system that captures every transaction, ensuring clear…
What are the bookkeeping requirements for startup funding in Canada?
Accurate and detailed bookkeeping forms the foundation for attracting investment and securing funding for your startup in Canada. Lenders and…
What are the bookkeeping requirements specific to British Columbia?
Start by maintaining accurate and detailed financial records that align with the reporting standards set by the British Columbia government.…
What documentation is required for a GST/HST audit in Canada?
Ensure you have comprehensive records ready before your GST/HST audit begins. Accurate documentation streamlines the process and demonstrates…
How to prepare for a review engagement in Canada?
Begin by thoroughly understanding the specific requirements outlined by the Canadian accounting standards for review engagements. Carefully…