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Auditing and Assurance
Changes to NPO Accounting
If you serve on the management team or the board of a non-profit organization (“NPO”), you may have heard about some recent changes to accounting standards. The changes will be effective for fiscal years beginning on or after January 1, 2012 and will apply to all NPO’s that issue audited or reviewed financial statements. The […]read moreArchives
Department of Finance Targets Tax Planning for Private Corporations
On Tuesday July 18, 2017, the Department of Finance (“Finance”) released several proposed changes that will affect tax planning using private corporations. The main focus of these proposed changes is on tax planning strategies that involve: Sprinkling income amongst family members using private corporations; Multiplication of the Lifetime Capital Gains Exemption “LCGE” (currently $835,714); and […]read moreArchives
Business Advisory Services
Is Your Business Healthy?
Is Your Business Healthy? Much is being said and written about organizational health and culture. Culture has been described as what happens when the CEO, the partners, or the leaders leave the room; that’s when culture takes over. It’s the way you do business and the way people think and act when the employee manual […]read moreArchives