Internal Controls Are Procedures to Ensure the Integrity of Accounting Information
Internal controls are the systems, rules, and procedures employed by an organization to ensure the accuracy of financial and accounting information, uphold accountability, and prevent fraud. In addition to preventing
The Lighter Side – Accounting Humour
What is the description of a good tax accountant? He has a tax loophole named after him. What’s the difference between death and taxes? Parliament doesn’t meet every year to make death
Government Taxes Compliance Checklist for Small Business
There are a multitude of government taxes that small-mid sized businesses need to be aware of to avoid the wrath of the “tax man”. There are both federal and provincial
Why Hire a Part Time Controller for a Small-Mid Sized Business?
A controller is responsible for the accounting functions of a business or nonprofit. For a small-midsized organization, it may not be in the budget to hire a full time Controller even
Construction Job Costing for Profitability and Longevity
There are challenges and opportunities with accounting for businesses in the construction field. My first job after graduation was as a Controller for a modular construction company—so I know well
Pros and Cons of Cloud Computing Accounting Software
Cloud accounting is basically the same as traditional accounting software but “lives” on remote servers aka the “cloud” while traditional accounting software resides on the computers in your office. The