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  • What is different about IFRS in Canada

    What is different about IFRS in Canada

    IFRS (International Financial Reporting Standards) is a method of accounting and reporting used all over the world. It helps people compare how companies are doing in different countries using similar criteria and metrics. One difference between IFRS implementation in Canada and other countries is that Canadian companies need to be a bit more “polite” in…

  • Preparing for year-end!

    Preparing for year-end!

    Preparing for your year-end reports and filings, including an audit, can be hectic and tedious.  Below is a quick list of what is needed at the end of your fiscal year.  These tips are aimed at corporations and non-profit organizations but are still applicable to sole proprietors and partnerships. By following these fun and memorable…

  • 10 tips for accurate bookkeeping

    10 tips for accurate bookkeeping

    Here are 10 tips for accurate bookkeeping: Start off on the right foot by keeping your financial ducks in a row. Create a dedicated space and time for your bookkeeping tasks and stick to it. Make like a librarian and keep your financial records organized and easily accessible. Use software or tools that are easy…