Cash vs. Accrual Accounting: What is the Difference?
Accounting
As a small business owner, there are two accounting methods you can use to set up and manage your bookkeeping:…
The Back Office Blog
Looking to learn more about all things bookkeeping and accounting? Have a browse through our blog.
SRED or SR&ED: Either Way, it’s Easy Money in the Bank if Done Right
Accounting
Did you know that the Scientific Research and Experimental Development (SR&ED) tax incentive – also known as the SRED tax…
A Guide to Cash Flow Forecasts for Nonprofits
NPO
Effectively managing your nonprofit’s finances is always important, but even more so when times are uncertain. Forecasting your cash flow,…
Understanding Your Numbers 101: Balance Sheet
Accounting
As one of three key financial statements, your balance sheet has a lot to say about your business – including…
Understanding Your Numbers 101: Cash Flow Forecast
Accounting
There are 3 key financial statements you need to be aware of as a business owner. With the global pandemic…
Year-End Accounting Checklist for Not-for-profit organizations
NPO
Closing the year is an integral part of every not-for-profit (NFP) organization’s accounting activities, and many organizations have a March…
Business Continuity Planning for COVID-19: 5 Things To Do Now
Accounting
As a small business startup ourselves, we understand the pressure the COVID-19 health pandemic and resulting economic turbulence is putting…
Start-Up Accounting Checklist for New Entrepreneurs
Accounting
There’s more to becoming a new entrepreneur than getting your business cards printed. As a budding business owner in Canada,…
IRAP Funding: What You Need to Know
Accounting
Regardless of the economic climate in Canada, starting a new business is always a challenge. Thankfully, there is some recourse…
Understanding Your Numbers 101: Financial Statements
Accounting
As a business owner, you know that your financial statements are not only a reflection of your organization’s financial health.…
Top 10 Non-Taxable Benefits for Employers in Canada
Accounting
In the current environment of decreasing unemployment rate and labour shortages in various industries, providing a competitive pay package to…
Accountants and Bookkeepers: What is the difference?
Accounting
Regardless of the industry you work in or your company’s legal structure, bookkeeping and accounting professionals are vital to the…
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