News

A Big Announcement

We are excited to announce a new chapter for the Cody & James CPAs team! On October 16th we will be joining Ascend LLP, Chartered Professional Accountants, a partnership of small to mid-sized accounting firms across Canada. Our entire team will be moving to Ascend’s Peterborough office at 2015 Fisher Drive, 2nd floor. Our phones … Read more

NEW Underused Housing Tax (UHT)

You may have heard about a new tax and filing requirement for owners of residential properties and are wondering if it impacts you. The answer for the vast majority of you is No. If you are a regular Canadian homeowner living in your primary residence, you are excluded from this tax and filing. For everyone … Read more

Your December To Do List!

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Written by Gwyneth James MBA CPA Okay, I know…accounting is the farthest thing from your mind right now, but hear me out. There are just a few items that you need to take care of while you sip your glass of eggnog. If you have a vehicle you use for business or employment, don’t forget … Read more

Better Together – A Success Story

We raised $3500

We are pleased to announce that today we presented a $3,500 cheque to Peterborough’s Brock Mission Homeless Shelter. The cheque represents the result of a September fundraising event held for the Brock Mission where our firm accepted over 1,400 gallons of shredding material from the community in exchange for a donation to the Brock Mission. … Read more

The Importance of Naming Beneficiaries

A number of clients have recently needed an explanation on the difference between beneficiaries named in a Will and beneficiaries named to a particular investment. When an individual dies, the value of all assets held on the date of death are subject to a Provincial “Estate Administration Tax” (usually called Probate tax) except those that … Read more

What is a Controller and Should I Hire Cody & James as Mine?

What is a financial controller? A financial controller is someone who oversees all accounting activities within a company. In the simplest of definitions, they are the lead accountant. Their role is to provide financial leadership and ensure accounting allocations are made and recorded. Typically, a financial controller will report to the chief financial officer (CFO); … Read more

Cody & James Chartered Professional Accountants