by Aakash Shahakar | Mar 23, 2023 | Knowledge Base
The cash flow statement is a financial document that provides an overview of the cash inflows and outflows of a business during a specified period. It’s one of the three main financial statements, along with the income statement and balance sheet. Most...
by Aakash Shahakar | Mar 23, 2023 | Knowledge Base
As a business owner, you may have heard of the term CPA, but you may not be entirely sure what it is or how it can benefit your business. In Canada, a Chartered Professional Accountant, which stands for Chartered Professional Accountant, is a professional designation... by fVMuzDfNTI | Mar 17, 2023 | Knowledge Base, Services, Tax & Accounting
Hello there, fellow Canadians! Today we’re going to talk about a topic that might not be on everyone’s radar, but could have serious financial consequences if ignored: the Underused Housing Tax (UHT). If you own Canadian residential real estate in a corporation,...
by Aakash Shahakar | Mar 17, 2023 | Knowledge Base
Asset and debt are two fundamental concepts in the world of finance. They are interconnected and play a significant role in shaping the financial health of an individual, business, or even a country. In this blog post, we will explore the meanings of asset and debt,...
by Aakash Shahakar | Mar 7, 2023 | Knowledge Base
Taxes are a fundamental aspect of living in Canada, and it is important to understand what taxable income is and how it is determined. Taxable income is the portion of your income that is subject to tax. It includes all the money you make from your employment,... by Shalini Dharna | Dec 22, 2022 | Knowledge Base
Business is booming, you are making more sales, getting more customers, and so you think “I should be making more money”. Yet, you discover that your profit doesn’t seem to be matching this level of success. Being cash flow-positive doesn’t necessarily translate into...
