In partnership with the Chartered Professional Accountants of Canada’s (CPA Canada) financial literacy program, we are very pleased to be presenting a special clinic to help improve the financial literacy of the Peterborough business community. We will be hosting a 60-minute session titled Understanding Financial Statements. This is a basic session explaining the terms … Read more
Written By: Amanda Beard, Bookkeeper Do you drive a vehicle for business use? Did you know the Canada Revenue Agency (CRA) requires you to keep a log of business trips and receipts to claim vehicle expenses? Eligible vehicle business expenses include fuel, repairs and maintenance, insurance, licenses and registration fees, leasing costs, loan interest and … Read more
Written by: Suzanne Cody, CPA CGA As soon as you start a business, you need to start keeping track of every transaction no matter how small. Every movement of money in and out of your account needs to be recorded. Depending on the volume of these transactions, you may or may not be able to … Read more